INVENTORY PLANNER (RETAIL)

As a Inventory Planner (Retail) at Babymama International Sdn Bhd, operating in the dynamic retail and trading industry, you will play a pivotal role in ensuring seamless supply chain operations. Your primary focus will be on forecasting demand, managing inventory levels, and coordinating with suppliers to ensure the availability of materials necessary for our retail operations. Your contributions will directly impact our ability to meet customer demand and maintain operational efficiency.

• Key Responsibilities:

• Demand Forecasting and Analysis:

Utilize sales data, market trends, and promotional calendars to forecast demand for retail products.

• Develop accurate and timely demand forecasts to support inventory planning and purchasing decisions.

• Inventory Management:

Monitor inventory levels of retail products, ensuring optimal stock availability across all sales channels.

• Implement inventory control measures to minimize stockouts while managing inventory turnover and aging.

• Supplier Relationship Management:

Identify and onboard suppliers who can provide quality products at competitive prices.

• Negotiate contracts, terms, and pricing agreements with suppliers to ensure cost-effective procurement.

Monitor supplier performance and address any issues related to delivery or product quality promptly.

• Material Planning and Procurement:

Generate purchase orders and release schedules based on inventory levels, sales forecasts, and promotional activities.

• Coordinate with procurement team to ensure timely procurement and delivery of retail products.

Optimize replenishment strategies to support seasonal trends, promotions, and new product launches.

• Continuous Improvement:

Identify opportunities for process improvements in material planning, procurement, and inventory management.

• Collaborate with cross-functional teams to implement best practices and enhance supply chain efficiency.

Utilize ERP systems and other tools to streamline processes and improve data accuracy.

• Skills and Qualifications:

Bachelors degree in Supply Chain Management, Business Administration, or a related field.

• Proven experience as a Material Planner, preferably in retail and trading industries.

Strong analytical skills with the ability to interpret sales data and market trends.

• Excellent negotiation and communication skills to manage relationships with suppliers and internal stakeholders.

Proficiency in ERP systems and Microsoft Office Suite (Excel, Word, PowerPoint).

• Ability to thrive in a fast-paced environment and manage multiple priorities effectively.

• Working Conditions:

Office-based role with occasional visits to retail outlets or supplier locations.

• May require flexibility in working hours during peak seasons or promotional periods.

Job Type: Full-time

Pay: RM2,

• 00 - RM3,500.00 per month
  
  Benefits:
• Dental insurance

Free parking

• Health insurance

Maternity leave

• Opportunities for promotion

Parental leave

• Professional development

Vision insurance
Schedule:

• Monday to Friday

Supplemental pay types:

• Performance bonus

* Yearly bonus