Review inventory positions as determined, and take actions for improvement to ensure attainment of DOS, service, & Net Inventory targets. Review & assess the currently inventory and demand management processes, and improve and/or define processes related to inventory and demand management, and document the procedures as required. Create KPI (Key Performance Indicator) reports related to inventory positions and demand forecasts, and identify opportunities for improvement.
Obtain demand inputs from sales and marketing to derive a consensus demand forecast, and generate the supply plan.
As required, evaluate the setups in SAP and the demand management tools, and modify accordingly.
Report and review monthly demand forecast vs demand actual performance, backlogs, and report root cause and actions at the next SIOP/Inventory Meeting.
Conduct inventory and service level review as required/determined to keep optimal the inventory positions.
Review aged inventory and E&O and work with cross-functional team to identify reduction plans and actions
Create various reports related with inventory leveling then review and identify opportunity for inventory balancing.
Prepare materials for the monthly SIOP meetings and lead.
Obtain campaign/new product information to factor into the demand plan, and position inventory to support such events.
Conduct daily back orders analysis and take actions to reduce any negative impacts.
Prepare summary of inventory performance and key actions for monthly corporate inventory regional report out.