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Category Planner
1 month ago
We are seeking a highly skilled Category Planner to join our team at Security Equipment Supply Inc. The successful candidate will be responsible for developing and managing a purchasing and inventory plan to ensure the timely and efficient supply of products to branches to meet customer demand.
Key Responsibilities- Develop and manage purchasing and inventory plans to meet customer demand.
- Collaborate with sales and marketing teams to ensure accuracy in demand planning and adjust plans accordingly.
- Monitor inventory levels to ensure optimal stock levels, minimizing excess and obsolete inventory while preventing stockouts.
- Maintain strong relationships with vendors to manage purchase order changes effectively and ensure reliable supply.
- Stay informed about market trends and customer insights, tailoring product selection and inventory strategies accordingly.
- Provide deep knowledge and expertise in the assigned master class to support strategic decision-making and enhance category performance.
- Act as a key member of the Sales and Operations Planning (S&OP) team, collaborating with cross-functional teams to align supply chain plans with business goals.
- Analyze supply chain data to identify trends, bottlenecks, and opportunities for improvement, providing actionable insights to management.
- Implement and support continuous improvement initiatives to enhance supply chain efficiency, reduce costs, and improve service levels.
- Monitor and report on key performance indicators (KPIs) related to scheduling, inventory, and supply chain performance, identifying areas for improvement.
- Proactively identify and resolve supply chain conflicts, disruptions, and other issues that may impact distribution timelines.
- Bachelor's degree in supply chain management, logistics, business administration, or a related field.
- Minimum of 3 years of experience in demand planning, supply planning, or a related field, preferably in a security equipment supply distribution environment.
- Strong analytical and problem-solving abilities.
- Excellent communication and interpersonal skills.
- Proficiency in planning and inventory management software.
- Ability to work collaboratively in a cross-functional team environment.
- Strong organizational and time management skills.
- APICS CPIM (Certified in Production and Inventory Management) or CSCP (Certified Supply Chain Professional) certification is a plus.
- Achieve and maintain a high inventory turnover ratio, reducing excess stock and holding costs.
- Achieve a forecast accuracy rate of 95% or higher, minimizing the gap between forecasted and actual demand.
- Reduce excess and dead inventory, targeting a decrease in obsolete stock by 20% annually.
- Minimize stockouts, aiming for a stockout rate of 2% or lower to ensure product availability and customer satisfaction.
- Reduce freight costs related to transferring inventory between locations.
