£35,000 – £40,000 DOE
St Albans
Established and fast-growing consumer brand is seeking a detail-oriented Stock & Demand Planner to join their operations team. This role is essential for ensuring their stock levels align with forecasts, customer demand and operational needs, ultimately supporting the company in meeting their revenue and margin targets.
This is a newly created role to continued company growth and success, so a great opportunity to really make this function your own.
Duties as Stock & Demand Planner will include:
Consolidate all individual forecasts from the sales team, cross-referencing these against historical sales data to produce a combined stock forecasts for repeat orders
Raising and managing purchase orders based on forecasts and sales input, ensuring timely placement and alignment with demand
Setting up of new stock codes and relevant static data supplied by Product Development
Liaising with suppliers to ensure lead times are communicated accurately to ensure optimum stock flow through the business
Accurately book incoming stock into the inventory management system, ensuring all data is correctly recorded and reconciled with purchase orders to maintain up-to-date inventory records
Continuously monitoring inventory levels and sales performance, making adjustments to forecasts and orders as necessary to prevent stockouts or overstock situations
Working closely with Account Managers throughout peak periods to gather and refine sales forecasts, ensuring alignment between sales projections, live rate of sales, and actual stock availability
Process supplier invoices
For new product lines, working with NPD to place initial orders and track sales performance against forecasts, making adjustments as needed to optimise stock levels
Collaborate with the shipping team to ensure timely delivery of all new and repeat orders and help resolve any logistical issues that may arise
Prepare regular reports on stock levels, forecast accuracy, and inventory turnover to share with management and stakeholders
Managing stock discontinuations in order to replace stock with all-year-round and seasonal ranges
Identify opportunities for process enhancements in stock management and forecasting to increase efficiency and accuracy
The ideal candidate will have the following qualities & experience:
Proven experience in a stock planning or demand planning role within a consumer product brand
Experience working closely with factories and suppliers, ideally in the Far East, raising and placing POs is essential
Strong analytical skills with the ability to interpret data and make informed decisions
Proficiency in inventory management software and Excel; experience with SAP / ERP systems is a plus
Excellent communication skills, with the ability to collaborate effectively with cross-functional teams
Detail-oriented mindset with strong organisational and multitasking abilities
Ability to work independently and proactively identify and resolve issues
Knowledge of supply chain principles and best practices in stock management.
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