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Demand & Inventory Analyst

Open 33d

Position Title: Demand & Inventory Analyst

Reporting to: Sr. Manager Demand Planning

Department: SCM

Location: Nerul, Navi Mumbai

Key Responsibilities

  • Analyze historical sales, forecast trends, and customer demand patterns.
  • Prepare monthly and quarterly demand forecasts in coordination with Sales and Business teams.
  • Monitor inventory levels of RM, PM, FG, and Trading items to ensure optimum stock availability.
  • Track slow-moving, non-moving, and excess inventory and recommend liquidation or optimization actions.
  • Coordinate with Procurement and Production teams for material planning and replenishment.
  • Review safety stock levels and suggest revisions based on consumption trends and lead times.
  • Prepare MIS reports related to inventory, forecast accuracy, stock coverage, and consumption trends.
  • Identify gaps in planning and recommend process improvements.
  • Support S&OP (Sales & Operations Planning) activities.
  • Monitor inventory ageing and working capital impact.
  • Maintain accurate master data in ERP/SAP systems.
  • Collaborate with cross-functional teams for new product implementation and phase-in/phase-out planning.

Required Skills & Competencies

  • Strong analytical and problem-solving skills.
  • Good understanding of demand planning and inventory management concepts.
  • Knowledge of forecasting techniques and inventory control.
  • Proficiency in Excel, Power BI, and ERP/SAP systems.
  • Strong communication and coordination skills.
  • Ability to work under pressure and manage multiple priorities.
  • Attention to detail and data accuracy.

Educational Qualification

  1. Qualification: BE/Btech/MBA

Experience

  1. Exp: 4-6 Years in Planning, weightage to be given for Demand Planning Exp & analytical skill sets.

Key Performance Indicators (KPIs)

  • Forecast Accuracy
  • Inventory Turnover
  • Stock Availability
  • Reduction in Slow/Non-Moving Inventory
  • Inventory Days Coverage
  • Working Capital Optimization

Qualification: BE/Btech/MBA

We offer competitive salaries, aligned with local market benchmarks and the specific scope and responsibilities of each role. Compensation is determined based skills relevant to the position, education and/or training. We are committed to fair and equitable pay practices in accordance with applicable laws and regulations.