Posted Dec 15, 2023 422 views
CORE FUNCTION
To design, implement and lead the integrated planning function within the business. To establish and own the overarching s&op methodologies and associated forums including direct responsibility for demand & supply planning and for overall inventory management
MAIN DUTIES
• Accountable for overall execution of all inventory-related processes across the business and for the level of all inventory holdings
• Responsible for establishment and leadership of Demand and Supply Planning units & processes and all relevant forums relating to inventory decision-making & risk-management
• Accountable for the design, ownership and cyclical execution of all S&OP focussed events and outputs
• A senior leader within the business, working alongside relevant Operations leadership and in close collaboration with key stakeholder functional Directors to support achievement of business-wide goals and key initiatives
• Procurement of all relevant materials in coordination with the outputs of the rolling plan
• Ownership of the end-to-end planning process and for a culture of constant improvement in forecasting accuracy & inventory metrics
KEY OBJECTIVES
• Consistent execution of S&OP forums and cycle ensuring cross-functional inputs are received as appropriate and final executive sign-off of inventory requirements meets needs
• Inventory management is constantly monitored, managed, reported and kept front of mind within direct team and across senior leadership groups in the business
• Develop and ensure maintenance of effective forecast models based on demand signals, customer forecasts, industry trends, product launches and demand patterns
• Ensure close integration and alignment of supply planning, raw materials and component purchasing with meaningfully accurate demand planning thereby supporting timely stock availability and effective utilisation of business cash flow
• Be the advocate for “our customers’ inventory is our inventory” in a partnership-based approach founded on sustainable relationships and long-term mutual success. Evangelise the message across all parts of the business
KPI’s
• Inventory metrics as dictated by the business – Stock Turn; Aged Inventory as a percentage of overall holding;
• Excess Stock Disposal targets; “RAG” methodologies for risk identification;
• Inventory on hand and committed vs sales forecasted
• Transparent visibility of inventory status (committed/in transit/on hand etc)
Person Specification
• At least 5 years' senior leadership experience in Demand & Supply Planning, and Inventory Management, ideally within a fast-moving manufacturing environment
• Significant experience leading S&OP Implementations and ongoing oversight of all related methodologies
• Experience of multi-channel distribution landscape within complex multi-SKU business
• At home in a volatile, fast-moving, fluid environment requiring flexibility and resilience
• Confident leader capable of working autonomously and driving results for self and team
• Strategic thinker, analytical, dynamic, driven, energetic, open-minded, authentic, commercial
• Excellent communication and influencing skills with all senior stakeholders
• Strong Analytical and Problem-Solving skills
• Advanced user in Microsoft Office applications particularly Excel
• Ability to identify and understand strategic patterns and key trends in business and inventory planning
This is not an exhaustive list of duties, responsibilities may vary dependent on Business needs. The business reserves the right to amend this Job Description at any given time without your consent to reflect the changing needs of the Business.
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