Job description
As a Supply Planning Manager, you will play a vital role in optimizing product availability, minimizing stockouts, and driving optimal inventory levels across the retail network.
Responsibilities:
- Full ownership on the availability of the SG Food business and optimise the Stock days.
- Develop and execute supply plans to meet customer demand and achieve target service levels.
- Utilize advanced supply chain planning software and tools to generate accurate demand forecasts, replenishment plans, and inventory optimization strategies.
- Optimize inventory levels to minimize carrying costs while ensuring adequate stock availability to meet customer demand.
- Establish and maintain strong relationships with suppliers to ensure on-time delivery and resolve any supply-related issues effectively.
- Conduct regular performance reviews of suppliers and implement improvement plans to enhance supply chain efficiency and reduce lead times.
- Drive continuous improvement initiatives to streamline supply chain processes, reduce costs, and enhance overall operational effectiveness.
- Oversee the end-to-end management of assigned product categories, including coordinating with the suppliers and distribution centres, to ensure timely delivery of goods to island-wide stores.
- Monitor and be responsible for team KPIs, drive performance, and perform root cause analysis.
- Lead the team in resolving stores/warehouse-related inventory issues and supplier’s fulfilment related problems.
- Work closely with Demand Planners on forecasting activities by incorporating current and accurate market information.
- Work closely with Central Planning Team (CPT) for placing orders during each planning cycle for CPT vendors.
- Liaise with suppliers and internal stakeholders for timely rebuy and to plan ordering schedules.
- Work closely with the Category team and the Distribution Centres to anticipate and manage promotions, new products, excess products, and discontinued items exit strategies.
- Responsible for optimising inventory levels to meet customer demand while minimising excess stock.
- Work closely with the Commercial team to manage slow moving stocks and plan for timely clearance.
- Manage import freight costs and work with the Distribution Centre team to minimise import and D&D costs.
- Governs all suppliers' requests to suspend store orders.
- Perform department’s monthly cost accruals.
- Ensure full compliance on the processes according to SOPs, audit and escalate any exceptions.
- Train, mentor, and continuously develop the team to support the business demand.
Requirements:
- Degree in Supply Chain, Logistics or equivalent.
- 6-8 years of work experience in similar capacity.
- Experienced in forecasting, data analytics, inventory planning, supply chain concepts, statistical forecasting, and related processes.
- Proficient in advanced Microsoft Excel, Power Query and Power BI.
- Dynamic, self-motivated, and able to work under pressure.
- Strong analytical capability, excellent negotiation, and planning skills.
- Strong leadership experience.
- Excellent communication (spoken and written) and interpersonal skills.
- Retail experience will be an added advantage.
- Knowledge in SAP is an added advantage.
