Stock and Demand planner

Stock and Demand Planner - St Albans - to £40k plus benefits

A leading, high-growth gift and beauty supplier is seeking an experienced stock and demand planner to join their dynamic team. The ideal candidate will have a robust background in forecasting product demand, placing purchase orders, and setting up new products on the ERP system including barcodes and pack sizes. We are looking for someone who has previous experience dealing with factories in the Far East.

Duties as Stock and Demand Planner will include:

1. Setting up new stock codes and relevant static data supplied by Product Development.
2. Consolidating all individual forecasts from the sales team, cross-referencing these against historical sales data to produce a combined stock forecast for repeat orders.
3. Raising and managing purchase orders based on forecasts and sales input, ensuring timely placement and alignment with demand.
4. Liaising with suppliers to ensure lead times are communicated accurately to ensure optimum stock flow through the business.
5. Accurately booking incoming stock into the inventory management system, ensuring that all data is correctly recorded and reconciled with purchase orders to maintain up-to-date inventory records.
6. Processing supplier invoices.
7. Continuously monitoring inventory levels and sales performance, making adjustments to forecasts and orders as necessary to prevent stockouts or overstock situations.
8. 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.
9. 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.
10. Collaborating with the shipping team to ensure timely delivery of all new and repeat orders and helping resolve any logistical issues that may arise.
11. Preparing regular reports on stock levels, forecast accuracy, and inventory turnover to share with management and stakeholders.
12. Managing stock discontinuations in order to replace stock with all-year-round and seasonal ranges.
13. Identifying opportunities for process enhancements in stock management and forecasting to increase efficiency and accuracy.

The ideal Wholesale Demand Planner will have the following qualities:

1. Proven experience in a stock planning or demand planning role within an FMCG brand.
2. Experience working closely with factories and suppliers, ideally in the Far East – raising and placing POs is essential.
3. Strong analytical skills with the ability to interpret data and make informed decisions.
4. Proficiency in inventory management software and Excel; experience with ERP systems is a plus.
5. Excellent communication skills, with the ability to collaborate effectively with cross-functional teams.
6. Detail-oriented mindset with strong organisational and multitasking abilities.
7. Ability to work independently and proactively identify and resolve issues.
8. Knowledge of supply chain principles and best practices in stock management.

Job Info

Job Title: Stock and Demand Planner

Company: CV-Library

Location: Watford, Hertfordshire

Posted:

Closes:

Sector: Retail & Purchasing

Contract: Permanent

Hours: Full Time