Materials/Supply chain Inventory Analyst- FMCG

  • Full Time
  • Noida

Job Summary:-

The Supply Chain Inventory Analyst plays a critical role in maintaining the delicate balance between inventory levels and supply chain efficiency to meet high consumer demand while minimizing costs and waste. The company is into Personal Care Product Manufacturing(FMCG).

Key Responsibilities:- 

  • Analyzing Inventory Data and Market Trends:
    • Monitor stock levels of raw materials, packaging, and finished goods.
    • Analyze sales data and consumer demand patterns to forecast inventory needs.
    • Identify seasonal and regional demand trends for better stock planning.
  • Developing and Implementing Inventory Management Strategies:
    • Use predictive analytics to maintain optimal inventory levels and avoid overstocking or stockouts.
    • Implement systems like JIT (Just-In-Time) to minimize storage costs.
    • Establish reorder points and safety stock levels to handle demand fluctuations.
  • Collaborating with Cross-Functional Teams:
    • Work with procurement, production, logistics, and sales teams to align inventory strategies with business goals.
    • Ensure smooth coordination between suppliers, warehouses, and retailers.
    • Support promotional campaigns and product launches by ensuring adequate stock availability.
  • Identifying Opportunities for Cost Savings and Process Improvements:
    • Optimize storage costs by identifying excess inventory or underutilized resources.
    • Suggest improvements in distribution and inventory management workflows.
    • Reduce waste by minimizing product expirations and damage through better stock rotation practices.

To apply for this job email your details to aman.yadav@praxisconsultants.in