
Inventory Planner
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Job Description
Job Description:
POSITION SUMMARY:
The Inventory Planner plays a critical role in optimizing inventory levels to meet customer demand while minimizing costs. This position is responsible for analyzing inventory data, forecasting future needs, and working closely with cross-functional teams to ensure efficient inventory management and support the Sales and Operations Planning (S&OP) process. The Inventory Planner is the “workhorse” planning role, tying together feedback from Associate and Senior planners and other supply chain stakeholders, to include key suppliers. The ability to interact with operational counterparts at key suppliers is an essential component of this role. This role may also interact closely with company acquisitions.
PRIMARY RESPONSIBILITIES:
Develop and maintain inventory planning models to forecast demand accurately and ensure optimal stock levels using modern/current supply chain planning software tools.
Analyze sales trends, market data, and historical inventory usage to optimize future inventory needs.
Collaborate with procurement, production, and sales teams, and suppliers to align inventory strategies with business goals and S&OP objectives.
Participate in S&OP meetings (and lead those where appropriate) to provide insights into inventory status, forecast accuracy, and supply chain capabilities.
Monitor inventory performance metrics such as turnover rates, fill rates, and stock accuracy.
Identify potential inventory issues, such as excess stock or shortages, and develop solutions to mitigate them.
Implement inventory optimization techniques to improve efficiency and reduce costs.
Generate reports and provide insights to management regarding inventory status, recommendations, and S&OP alignment.
MINIMUM REQUIREMENTS:
Bachelor’s degree in supply chain management, logistics, business administration, or experience in a related field.
5-7 years of experience in inventory planning, demand forecasting, or a similar role.
APICS CPIM certification preferred
Proficiency with inventory management software and data analysis tools (e.g., Excel, ERP systems, and modern supply chain planning and optimization tools).
Experience with S&OP processes and cross-functional collaboration.
Experience with Advanced Planning Software
Strong analytical and problem-solving skills.
Excellent communication and collaboration skills.
Knowledge of inventory optimization techniques and best practices.
Self-directed problem solver with intellectual curiosity.
BENEFITS:
Annual profit-sharing bonus
Medical, dental, vision for employees
Company-funded retirement plan - no cost to employee
Paid holidays
Paid time off
Flex remote arrangements (work 1-2 days/week from home)
Tuition Assistance
Employee discount
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions/primary responsibilities. This job description is not all inclusive and is subject to change. Additional duties and tasks may be assigned, as necessary. Employment remains “AT WILL” at all times.
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.
