Inventory & Demand Planning Analyst

Job Summary

We are seeking a detail-oriented and analytical professional to manage inventory planning, demand forecasting, and cost optimization across the supply chain. The role focuses on improving material availability, reducing costs, and supporting data-driven decision-making through effective inventory control, forecasting, and advanced analytics.

Key Responsibilities

Inventory Management

• Monitor and manage inventory levels to ensure optimal material availability
• Improve inventory performance while minimizing holding, shortage, and obsolescence costs
• Track inventory movement, lead times, and supplier performance

Demand Planning & Forecasting

• Manage customer demand planning and align supply with forecasted demand
• Analyze historical data and market trends to model future demand
• Continuously refine forecasts and adjust procurement and replenishment plans accordingly

Inventory Optimization

• Calculate optimal inventory levels using statistical and analytical methods
• Balance service levels with cost efficiency across multiple SKUs and locations
• Support safety stock and reorder point calculations

Cost Accounting & Control

• Analyze end-to-end supply chain costs from procurement to delivery
• Identify opportunities for cost reduction, waste minimization, and process improvement
• Support budgeting, variance analysis, and cost control initiatives

Data Analysis & Reporting

• Perform data analysis for pattern recognition, risk assessment, and sustainability insights
• Collect, clean, and interpret large data sets to support strategic decisions
• Prepare dashboards, reports, and actionable insights for stakeholders

Systems & Tools

• Maintain and utilize MRP (Material Resource Planning) systems effectively
• Use advanced Excel for data modeling, analysis, and reporting
• Integrate Excel data with other software and systems for enhanced analytics

Key Skills & Competencies

• Strong knowledge of inventory management and demand planning principles
• Expertise in forecasting techniques and inventory optimization methods
• Solid understanding of cost accounting and supply chain finance
• High proficiency in Excel (advanced formulas, pivot tables, data linking)
• Hands-on experience with MRP/ERP systems
• Strong analytical, problem-solving, and decision-making skills
• Ability to work cross-functionally and manage multiple priorities

Education & Experience

• Bachelor’s degree in Supply Chain Management, Operations, Finance, or a related field
• Relevant experience in inventory planning, demand planning, or supply chain analytics preferred
• Certification in supply chain or planning (CPIM, APICS, etc.) is an added advantage

Job Types: Full-time, Permanent

Pay: ₹1,000,000.00 - ₹1,300,000.00 per year

Benefits:

• Health insurance
• Provident Fund

Work Location: In person