Demand planning and inventory control Officer

Job Summary:

The Demand planning and inventory control Senior Officer will be responsible for goods' forecasting & demand planning, preparations for ordering, and inventory control.

Job Duties & Responsibilities:

• Prepares reports in order to do proper forecasting through :

1.       Checking the purchase sales inventory report verses historical data.

2.       Checking the stock in transit through the Performa invoice and order.

• Gathers data from sales department & marketing department in order to proceed with the final order.
• Tracks on weekly basis the requested order in case of any change with the quantity.
• Tracks local WH orders only & notify for any needed additional quantity/buffer stock from Ex warehouse stock on hand.
• Checks the Performa invoices verses orders.
• Weekly splits the stock for traditional and non-traditional channels.

·         Rotate the stock between the cash vans, warehouse and sub warehouses according to the sales trend in the area/region in order to be used more efficiently.

• Manages & tracks the stock aging for all channels along with the showrooms.
• Forecast and plan distribution level.
• Approves internal AR”s that come from CTI – Dubai to Iraq , additionally forecasted values, confirmed shipments/PI”s values should be shared with finance & commercial director in advance.
• Manage the frequency of supply for the main ware house and the sub ware houses based on demand planning.
• Responsible for developing and executing Demand Plan and inventory plans.
• Manage the inventory control of the showrooms.
• Review historical sales trends, research demand, prepare forecast data, develop statistical forecast models, and evaluate forecast results.
• Designing and generating weekly and monthly statistical forecast reports
• Continuously improving forecasting techniques, method, and approach
• Relating and measuring the impact of forecast accuracy
• Evolving and maintaining documentation and standard operating procedures for demand planning processes and systems.
• Conduct current and future forecasting analysis, insuring forecasting processes and methods are followed.
• Assemble and analyze all data pertinent to creating the sales forecast (historical sales, market trends, seasonality, promotions, and inventory levels).
• Make recommended adjustments to forecast and inventory level based on changes in demand and market trends.
• Lead forecast and inventory planning meetings with Marketing Managers, reviewing recommended sales forecasts and inventory goals (emphasis on brand transitions, new product introduction, and promotions).
• Manage inventory targets (including safety stock levels) that are approved by management.
• Prepare, report, and communicate forecast and inventory measurements to management (forecast accuracy, inventory plan vs. targets).
• Performs other duties as and when requested by the direct supervisor.

Qualifications

Job Specifications:

• Bachelor’s degree or associate’s degree in business administration or equivalent field.
• proficient in relevant computer applications
• 3 years' experience in related field.

Additional Information

Key Competencies (Skills, Abilities & Knowledge)

• Forecasting and demand panning.
• Distribution/ transportation operations.
• Inventory management.
• Logistic, shipping and clearance.
• Reliability and maintainability.
• Risk management.
• Strategic sourcing.
• Supply chain integration.