02 Oct
|
Bene Kleed
|
Bengaluru
02 Oct
Bene Kleed
Bengaluru
Inventory Planner | Bene KleedLocation: Bangalore
Function: Planning & Supply Chain
Reporting To: Business Head
Experience: 2–5 years
About the RoleWe are looking for an Inventory Planner who can ensure that the right products are available at the right place, in the right quantity, at the right time—across our online and offline channels.
The role will own inventory planning, demand forecasting, channel-wise allocation, replenishment, stock health and ageing, while ensuring that inventory is aligned with sales velocity and business plans.
This role requires someone who is highly data-driven, commercially aware and proactive in identifying inventory risks before they impact the business.
Key Responsibilities1. Inventory Planning & Channel Allocation
- Plan and allocate inventory across online and offline channels based on sales velocity and business requirements.
- Ensure solid availability of top-selling SKUs across channels.
- Monitor stock levels and proactively identify potential stockouts.
- Drive timely inventory reallocation between channels wherever required.
- Balance product availability with inventory efficiency and working capital.
2. Demand Planning & Forecasting
- Develop SKU/category-level demand forecasts using historical sales, current trends and business plans.
- Conduct weekly sales vs. plan reviews and identify gaps.
- Factor in seasonality, campaigns, promotions and other demand drivers while preparing forecasts.
- Maintain clear documentation of planning assumptions and forecast changes.
- Track forecast accuracy and continuously improve planning methodology.
3. Inventory Health & Ageing
- Monitor inventory ageing across categories and channels.
- Identify slow-moving SKUs at an early stage and recommend corrective actions.
- Develop liquidation, markdown or reallocation plans for ageing inventory.
- Escalate potential dead-stock situations proactively.
- Work towards maintaining healthy inventory within defined ageing thresholds.
4. New Launch & Replenishment Planning
- Plan initial quantities for new product launches based on expected demand and business inputs.
- Define and monitor replenishment triggers for key SKUs.
- Track sales velocity and recommend replenishment quantities/timing.
- Coordinate with Merchandising and PPC teams to align production, procurement and inventory plans.
- Minimize overproduction and inventory build-up through effective planning.
5. Reporting & Stakeholder Coordination
- Prepare and maintain weekly inventory MIS covering channel-wise inventory, stock health and ageing.
- Highlight key inventory risks, opportunities and action points to stakeholders.
- Coordinate closely with Merchandising, PPC and other relevant teams.
- Ensure timely escalation of inventory risks and avoid last-minute surprises.
- Maintain robust planning discipline and data accuracy.
Key Success Metrics
- ≥95% availability for top-selling SKUs
- ≥80% forecast accuracy at SKU/category level
- ≥85% inventory within the defined ageing threshold
- Slow-moving SKUs identified within 30 days
- Zero critical stockouts due to planning gaps
- Effective replenishment and channel reallocation
- Timely and accurate weekly inventory MIS
What We’re Looking For
- 2–5 years of experience in Inventory Planning / Demand Planning / Merchandise Planning / Supply Chain Planning, preferably in fashion, apparel, retail or D2C.
- Strong understanding of inventory planning, forecasting, replenishment and stock ageing.
- Strong Excel/Google Sheets skills with the ability to work with large datasets.
- Comfortable working with SKU-level sales and inventory data.
- Strong analytical and problem-solving skills.
- Ability to identify risks early and take proactive action.
- Strong cross-functional coordination skills.
- Commercial understanding of sales velocity, inventory turns and working capital.
- Ability to work in a quick-paced, data-driven environment.
Why This Role MattersAt Bene Kleed, inventory is not just an operations function—it directly impacts sales, customer availability, working capital and profitability. We are looking for someone who can use data to anticipate demand, identify risks early and ensure that inventory moves with the business.
📌 Inventory Planner (Bengaluru)
🏢 Bene Kleed
📍 Bengaluru