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Wakefit - Inventory Planner
Wakefit - Inventory PlannerWakefit • Bangalore, India
Wakefit - Inventory Planner

Wakefit - Inventory Planner

Wakefit • Bangalore, India
5 days ago
Job description

The Inventory Planner will be responsible for ensuring the right stock levels across warehouses / plant locations to support business demand. The role focuses on demand forecasting, inventory optimisation, replenishment planning, and ensuring high product availability with minimal excess or obsolescence.

Key Planning & Control

  • Maintain optimal inventory levels across locations to meet service level targets.
  • Analyse stock trends, consumption patterns, and order fulfilment rates.
  • Monitor slow-moving, fast-moving, and non-moving inventory.

Demand & Supply Coordination

  • Work closely with Demand Planners, Sourcing, Production, and Sales teams to understand demand requirements.
  • Align inventory plans with production schedules and vendor lead times.
  • Support monthly S&OP planning.
  • Replenishment & Ordering

  • Generate replenishment plans and purchase requisitions.
  • Track inbound shipments and ensure timely replenishment.
  • Manage safety stock, reorder points, and min-max levels.
  • Analytics & Reporting

  • Create inventory dashboards and MIS reports (DOH, coverage, stock ageing, fill rates, etc.).
  • Identify risks related to stockouts or excess inventory.
  • Process Improvement

  • Recommend optimisation steps to reduce carrying cost and improve inventory accuracy.
  • Support cycle counting and stock reconciliation activities with WH operations teams.
  • Key Skills & Competencies - Strong analytical skills and proficiency in Excel / Google Sheets.

    (ref : iimjobs.com)

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    Planner • Bangalore, India

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