Inventory Planner

ARISTA SINGAPORE PTE. LTD.; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A leading company in product management is seeking an Inventory Planner in Singapore. The role involves data analysis, inventory management, and collaboration with various teams. Candidates should have a degree in a relevant field and 2-3 years of experience in a similar role. Strong analytical skills and proficiency in MS Excel are required for success in this fast-paced environment.

Qualifications

• Open to Singaporeans and PRs only.
• Minimum 2-3 years' experience in inventory or product planning.
• Exceptional numerical and analytical skills with attention to detail.

Responsibilities

• Analyze product performance data to optimize profitability.
• Monitor inventory levels and adjust quantities.
• Forecast order quantities aligned with demand trends.
• Liaise with various teams for effective collaboration.

Skills

Data Analysis

Inventory Management

Forecasting

Cross-functional Collaboration

Analytical Skills

Communication Skills

Organizational Skills

Education

Degree in Statistics, Business, Mathematics, or Supply Chain Management

Tools

MS Excel

Navision

Business Central

Job description

Key Responsibilities:

• Data Analysis & Reporting: Analyze product performance data to identify best-selling items and recommend the ideal product mix to optimize profitability.
• Inventory Management: Monitor inventory turnover, track stock levels, and adjust inventory quantities to ensure product availability while avoiding overstocking or stockouts.
• Forecasting & Ordering: Forecast order quantities across all brands in our portfolio, ensuring that inventory levels are aligned with demand trends.
• Cross-functional Collaboration: Liaise with brand principals and freight forwarders for timely order processing and shipment management. Collaborate with wholesale, retail, e-commerce, and marketing teams to shape effective go-to-market strategies.
• Monthly Reports: Generate and analyze monthly reports on inventory levels, stock movements, and sales performance. Provide insights to support decision-making.
• Stock Optimization: Manage and balance closing stock levels for all sales channels (wholesale, retail, online) to ensure optimal inventory availability and reduce excess stock.

Requirements:

• Eligibility: Open to Singaporeans and PRs only.
• Educational Background: Degree in Statistics, Business, Mathematics, Supply Chain Management, or a related field.
• Experience: Minimum 2-3 years’ experience as an Inventory Planner, Product Planner, or Demand Planner in the wholesale or retail industry.
• Technical Skills: Strong proficiency in MS Excel (especially VLOOKUP, pivot tables, and data analysis functions). Experience with Navision, Business Central, or similar ERP systems is a plus.
• Analytical Abilities: Exceptional numerical and analytical skills with a keen attention to detail.
• Communication: Excellent written and verbal communication skills in English, with the ability to present data insights clearly to various teams.
• Organizational Skills: Detail-oriented with excellent multitasking abilities in a fast-paced environment.
• Fashion Industry Insight: An understanding and appreciation for fashion and lifestyle brands will be an advantage.
• Problem-Solving: Strong resourcefulness, problem-solving abilities, and a proactive approach to challenges.