Inventory Planning Analyst

GENERIKA Drugstore; Laguna; On-site; PHP 350,000 - 550,000; Full time

Job summary

GENERIKA Drugstore is seeking an Inventory Planning Analyst to ensure optimal stock levels across distribution centers and company-owned stores, balancing demand with carrying costs. The role emphasizes strategic planning, predictive analysis, and cross-department collaboration to fine-tune inventory in a fast-moving retail environment.

Applicants should have a 2–3 year track record in demand or inventory planning, plus a degree in Industrial Engineering, Business, or a related field.

Qualifications

• Bachelor's degree in Industrial Engineering, Business, or related technical discipline.
• 2-3 years of experience in demand and/or inventory planning.
• Experience with third-party inventory planning tools is advantageous; strong statistics and strategic planning.

Responsibilities

• Monitor and replenish inventory levels across DCs and company-owned stores.
• Maintain optimal stock levels against target inventory days.
• Aging inventory analysis and move-out planning; monitor inventory exposure in warehouses and supplier stocks.
• Collaborate with Trade, Portfolio Management, Procurement, and Distribution Center Operations to synchronize inventory needs.
• Perform other duties as delegated by supervisor or management.

Skills

Demand planning

Inventory optimization

Cross-functional collaboration

Data reporting

Excel proficiency

Analytical mindset

Change adaptation

Attention to detail

Communication skills

Team player

Professional demeanor

Education

Bachelor's degree in Industrial Engineering, Business, or related

Tools

Microsoft Excel

Job description

JOB PURPOSE

The primary objective of the Inventory Planning Analyst is to ensure that the right amount of stock is available at the right time, to meet customer demand, all the while minimizing excess inventory and associated carrying costs. This role involves engaging in strategic planning, predictive analysis, and partnering with diverse departments to fine-tune inventory levels and maintain an effective supply chain processes.

KEY ACCOUNTABILITIES

• Monitor and replenish inventory levels on DCs (including supplier's warehouse) and Company Owned Stores to:

  • Maintain optimal stock levels against target inventory days
  • Prevent overages while considering cost-effectiveness.
  • Sustain Serve Rate

• Demand monitoring and analysis including but not limited to seasonality, program offtakes, transition to alternates, new introductory item.
• Aging inventory analysis (near-ex), move-out plan, and inventory exposure monitoring in both warehouses, including stocks at suppliers' warehouses, and Company Owned Stores
• Working with various departments such as Trade and Portfolio Management, Procurement, and Distribution Center Operations to synchronize inventory needs on both DCs.
• Performs other similar duties as delegated by the Immediate Supervisor, Division Head, or Management.

JOB SPECIFICATIONS:

• Bachelor's degree in Industrial Engineering, Business, or a related technical discipline pertinent to assigned duties.
• A minimum of 2-3 years of experience in a role focused on demand and/or inventory planning. An equivalent of the same in working experience is also acceptable for the position.
• Experience with third-party inventory planning tools is advantageous. Proven proficiency in statistics, strategic planning, with a comprehension of their financial and operational implications.

JOB SKILLS:

1. Offer expertise in the subject matter and provide analytical support for demand and inventory planning processes,
2. Collaborate effectively with a diverse range of individuals at all organizational levels and cross-function;
3. Demonstrate the ability and willingness to collaborate with colleagues to understand customer needs and drive improvements that add value to the company
4. Create and execute consistent queries for 'mass data' downloads and reports from the company's systems to support analysis, forecasting, and business reporting processes;
5. Demonstrate a strong work ethic, a "can-do" attitude, and a team-player mentality
6. Exhibit the ability to embrace and adapt to change;
7. Proficiently utilize large data files in Microsoft Excel
8. Showcase strong listening, influencing, and team building skills
9. Maintain a professional image at all times.