Inventory Planner
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.
Powys(/ˈpoʊɪs,ˈpaʊɪs/POH-iss,POW-iss,[4]Welsh:[ˈpou̯ɪs]) is acountyandpreserved countyinWales.[a]It bordersGwynedd,Denbighshire, andWrexhamto the north; the Englishceremonial countiesofShropshireandHerefordshireto the east;Monmouthshire,Blaenau Gwent,Merthyr Tydfil,Caerphilly,Rhondda Cynon Taf, andNeath Port Talbotto the south; andCarmarthenshireandCeredigionto the west. The largest settlement isNewtown, and the administrative centre isLlandrindod Wells.
Powys is the largest and most sparsely populated county in Wales, having an area of 5,181 km2(2,000 sq mi) and a population of 133,891 in 2022.[2]AfterNewtown(11,362), the most populous settlements areYstradgynlais(8,270),Brecon(8,254), andLlandrindod Wells(5,602). The county is entirely rural, and characterised by multiple market towns and villages. TheWelsh languagecan be spoken by 16.4% of the population.[5]
The county is predominantly hilly and mountainous. To the west lie theCambrian Mountains, where theRiver SevernandRiver Wyeboth have their source on the Powys side of thePlynlimonmassif; together with their tributaries they drain most of the county. The southern quarter of the county is occupied by theBrecon Beacons(Bannau Brycheiniog) national park, and further north are two more upland areas,Mynydd EpyntandRadnor Forest. The only extensive area of flat land in Powys is the region northwest of Welshpool.
The county is named after theKingdom of Powys, which was a Welshsuccessor state,petty kingdomandprincipalitythat emerged during the Middle Ages following theend of Roman rule in Britain. Powys covers the same area as the historic counties ofMontgomeryshire,Radnorshire, andBrecknockshire.