Inventory Planner

Natural Balance Foods; St Albans; On-site; GBP 30,000 - 40,000; Full time

Job summary

A food and beverage company in St Albans is seeking an Inventory Planner to oversee stock levels and optimize inventory turnover. The ideal candidate will have a passion for data, proficiency in SAP, and 1-2 years of experience in the FMCG or retail sectors. Responsibilities include monitoring inventory, placing supplier orders, and collaborating with teams to manage inventory effectively. This full-time associate role will report to the Head of Production & Inventory Planning.

Qualifications

• 1-2 years of experience in FMCG or retail industries.
• Passion for data and analytical tools.
• Ability to manage time and prioritize tasks.

Responsibilities

• Monitor and analyze inventory levels for optimal stock.
• Place orders with suppliers to replenish inventory.
• Coordinate with teams to align inventory levels with business needs.
• Identify and mitigate inventory risks.
• Develop and implement inventory control procedures.

Skills

Data analysis

Proficiency in SAP

Decision-making

Strong communication skills

Time management

Tools

SAP

Job description

Inventory Planner role at Natural Balance Foods

About You

• Passion: You have a love for data and using analytical tools. Translating data/numbers into action is your thing.
• Technical Skills: Proficiency in tools such as SAP.
• Decision-making: You take service level targets and forecast accuracy as input to generate performance inventory plans. Confidence in decision-making responsibilities.
• Experience: 1-2 years of work experience, preferably in FMCG or retail industries.
• Collaborative Spirit: A friendly, proactive and positive attitude, with strong communication skills and a willingness to learn.
• Organization Skills: Ability to manage time and prioritise tasks in a fast-paced environment.

About the Role

• Monitor and analyse inventory levels to ensure optimal stock levels.
• Place orders with suppliers to replenish inventory as needed.
• Coordinate with procurement, sales, and logistics teams to align inventory levels with business needs.
• Identify and mitigate risks related to inventory shortages or excesses.
• Develop and implement inventory control procedures and best practices.
• Conduct regular inventory audits and reconcile discrepancies.
• Prepare and present inventory reports to management.
• Optimize inventory turnover rates to minimise holding costs.
• Collaborate with the finance team to manage inventory budgets and forecasts.
• Monitor and report on key performance indicators (KPIs) related to inventory management.
• Support continuous improvement initiative within the supply chain department.

Team

• Be a team player, contributing beyond your own role to achieve results.
• Culture is hugely important; we look to employees to positively contribute to that.

Reporting into

Head of Production & Inventory Planning

Seniority level

Associate

Employment type

Full-time

Job function

Analyst

Industries

Food and Beverage Services