Inventory Planner: Demand Forecasting & Stock Optimization

Premium Guardorporated; Memphis (TN); On-site; USD 55,000 - 75,000; Full time

Job summary

Premium Guard, Inc. is seeking an Inventory Planner in Memphis to develop category and SKU forecasts and manage stock levels across the supply chain. The role focuses on balancing service levels with minimizing excess inventory and requires strong Excel skills and 2+ years in inventory planning.

You will analyze historical trends, coordinate with Sales and Customer Service, and support day-to-day planning with ERP reporting and KPI tracking. This is a full-time, on-site position.

Qualifications

• B.S. degree in Supply Chain Management (SCM), Logistics, Inventory Planning or related field.
• 2+ years’ experience in inventory management and demand planning.
• Advanced Microsoft Excel skills; Microsoft Access is a plus
• Strong quantitative analytical skills with a technical understanding of math and inventory management concepts
• The ability to summarize data logically and communicate information and recommendations clearly to all appropriate contacts

Responsibilities

• Develop category and SKU level inventory forecasts and plans that meet the company’s objectives.
• Analyze historical data and current demand trends to identify opportunities and risks that would enhance the company’s performance.
• Manage and optimize inventory levels to meet service level goals while reducing excess inventory.
• Establish and maintain appropriate target stock levels, safety stock, and surge stock levels
• Timely ordering and follow-up of purchase orders to ensure on-time delivery from vendors. Timely and accurate response to requests from the Sales and Customer Service department for delivery and/or stock information.
• Manage SKU level inventory accuracy through partnership with Operations and Inventory Control team.
• Proactively identify and propose actions to move through excess inventory efficiently to achieve the highest margin and cost recovery.
• Support the supply chain manager with the day-to-day planning priorities and projects.
• Utilize ERP system and other reporting tools to generate weekly supply chain reports.

Skills

Analytical skills

Quantitative skills

Data communication

Education

Bachelor's degree in SCM/Logistics/Inventory Planning

Tools

Microsoft Excel

Microsoft Access

Job description

Premium Guard, Inc. is seeking an Inventory Planner in Memphis to develop category and SKU forecasts and manage stock levels across the supply chain. The role focuses on balancing service levels with minimizing excess inventory and requires strong Excel skills and 2+ years in inventory planning.

You will analyze historical trends, coordinate with Sales and Customer Service, and support day-to-day planning with ERP reporting and KPI tracking. This is a full-time, on-site position.