Demand Planning Officer
SmartPet
- Kuwait City
- Permanent
- Full-time
- Forecast demand monthly using methods such as linear growth, Second-Degree & Third-Degree Polynomial Growth, Weighted Moving Average, and Exponential Smoothing. Evaluate and apply the most suitable method based on product category and sales patterns.
- Calculate and maintain optimal safety stock, maximum inventory, and reorder points for all products.
- Place and track purchase orders with multiple local and international suppliers.
- Continuously analyze and improve order frequency, inventory turnover, and supplier performance.
- Adjust forecasts based on seasonality, trends, and historical sales.
- Coordinate with sales and warehouse teams to ensure accurate inventory levels and timely stock availability.
- Manage lead times for each supplier and plan purchases accordingly.
- Prepare reports and dashboards for inventory status, purchase schedules, and forecast accuracy.
- Optimize purchasing schedules to minimize working capital tied in inventory without risking stockouts.
- Manage consignment suppliers.
Bayt