Inventory Manager
4 weeks ago
We are seeking a highly skilled Inventory Planner to join our team at MAGNA-TILES. As a key member of our supply chain team, you will be responsible for ensuring optimal inventory levels across our supply chain network.
Key Responsibilities:- Develop and maintain inventory plans that align with business goals and customer demand.
- Monitor inventory levels to prevent stockouts and overstock situations.
- Perform regular inventory analysis to identify trends, issues, and opportunities for optimization.
- Utilize historical sales data, market trends, and other relevant information to create accurate demand forecasts.
- Adjust forecasts based on real-time Point of Sale data, changing market conditions, and promotional opportunities.
- Work closely with our procurement team in Hong Kong to ensure timely ordering and replenishment of inventory.
- Coordinate with the logistics team to ensure efficient product flow and timely delivery.
- Analyze inventory reports and key performance indicators (KPIs) to track performance and identify areas for improvement.
- Establish forecasting tools and software to support inventory planning decisions.
- Identify and implement process improvements to enhance inventory management efficiency and effectiveness.
- Develop and maintain standard operating procedures (SOPs) for inventory planning and management.
- Prepare and present regular reports on inventory status, forecasts, and other relevant metrics to management and other internal functions.
- Bachelor's degree in Business, Supply Chain Management, Finance, or a related field.
- Proven experience (3+ years) as an Inventory Planner or similar role, preferably in the Consumer Packaged Goods industry.
- Strong analytical skills with the ability to interpret complex data and make data-driven decisions.
- Proficiency in ERP systems and Microsoft Excel.
- Excellent communication and interpersonal skills, with the ability to work effectively across teams.
- Strong organizational skills and attention to detail.
- Ability to thrive in a fast-paced environment and manage multiple priorities.
MAGNA-TILES is a pioneering brand of magnetic construction, designed to provide hands-on learning, promote interest in STEAM concepts, and provide countless hours of screen-free fun. We are a fun, caring, flexible, and overall amazing place to work, offering a competitive base salary and annual bonus plan, benefits package, product discounts, and more.
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