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Inventory Planner

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The Inventory Planner plays an essential role in the seamless operation of supply chain activities, ensuring that inventory levels are maintained in a manner that aligns with demand forecasts and business objectives. This position involves a careful balance of analyzing sales trends, monitoring stock levels, and coordinating with procurement and warehouse teams to optimize inventory turnover and minimize overstock situations. By effectively managing these responsibilities, the Inventory Planner supports the organization’s efforts to meet customer demands promptly while maintaining operational efficiency and cost-effectiveness. Their strategic approach to inventory management not only aids in achieving financial targets but also contributes to overall customer satisfaction by ensuring product availability.

Inventory Planner Job Duties

  • Develop and implement inventory control procedures and best practices to maintain accurate stock levels and minimize overstock situations.

  • Analyze sales patterns, customer demand, and seasonal fluctuations to forecast inventory needs and ensure optimal stock levels across all product lines.

  • Coordinate with purchasing and supply chain teams to order products and materials, ensuring timely deliveries to meet inventory requirements.

  • Collaborate with sales and marketing teams to understand promotional activities and product launches, adjusting inventory plans accordingly.

  • Perform regular inventory audits and reconciliations to identify discrepancies and take corrective actions to resolve issues and improve accuracy.

  • Utilize inventory management software and tools to track stock movements, generate reports, and provide insights for decision-making.

  • Manage relationships with suppliers and negotiate terms to achieve favorable conditions, including pricing, delivery schedules, and minimum order quantities.

  • Oversee the disposal of obsolete or excess inventory through sales, donations, or recycling channels, ensuring compliance with environmental regulations and company policies.

​Market Harborough is a market town within the Harborough district of Leicestershire, England. It is situated in the far southeast of the county, forming part of the border with Northamptonshire.

Harborough District has a population of 91,461 (2017)[1] and Market Harborough is the district's administrative headquarters.[2] It sits on the Northamptonshire-Leicestershire border. The town was formerly at a crossroads for both road and rail; however the A6 now bypasses the town to the east and the A14 which carries east-west traffic is 6 miles (9.7 km) to the south. Market Harborough railway station is served by East Midlands Railway services on the Midland Main Line with direct services north to Leicester, Nottingham, Derby and Sheffield and south to London St Pancras. Rail services to Rugby and Peterborough ended in 1966.

Market Harborough is located in an area which was formerly a part of the Rockingham Forest, a royal hunting forest used by the medieval monarchs starting with William I. Rockingham Road takes its name from the forest. The forest's original boundaries stretched from Market Harborough through to Stamford and included the settlements at Corby, Kettering, Desborough, Rothwell, Thrapston and Oundle.

The steeple of St Dionysius' Church rises directly from the street, as there is no churchyard. It was constructed in grey stone in 1300 with the church itself a later building of about 1470. Next to the church stands the Old Grammar School, a small timber building dating from 1614. The ground floor is open, creating a covered market area and there is a single room on the first floor. It has become a symbol of the town. The nearby square is largely pedestrianised and surrounded by buildings of varying styles. The upper end of the High Street is wide and contains mostly unspoiled Georgian buildings.

Market Harborough has two villages within its confines: Great Bowden lies over a hill about a mile from the town centre; Little Bowden is less than half a mile from the town centre. The three centres have largely coalesced through ribbon development and infill, although Great Bowden continues to retain a strong village identity.