Stock Planner (BMO)
Position summary
Introduction
Job description
Key responsibilities
· Develop and maintain accurate demand forecasts using historical data and market trends
· Monitor and manage inventory levels across retail stores
· Ensure timely replenishment of stock based on agreed parameters (min/max levels, safety stock)
· Identify and mitigate risks related to stockouts, overstocking, and obsolete inventory
· Analyse stock performance and produce regular reports (e.g. stock out reports, slow moving/toxic, stock turn analysis)
· Support promotional planning and new product launches with appropriate stock allocation
· Maintain data accuracy within inventory management systems
· Continuously improve stock planning processes and efficiencies
· Achieving the necessary KPI’s
§ In Stock Business Critical 98%
§ In Stock Overall 95%
§ Stock turn planning target of 7
§ Toxic stock 5 % or less contribution to overall stock holding.
§ Stock Holding targets to be achieved.
§ Business Critical sales contribution to overall sales.
• BMO Activities:
§ Store queries and concerns are resolved effectively.
§ ITD Monthly dashboard
§ Swimlane analysis quarterly
§ BC sales contribution of overall sales
§ Weekly ROC analysis
§ Weekly stock-out analysis
§ Weekly swim lane Audit
§ Range management (Phase in/Phase Out)
§ Housekeeping: Open purchase orders, exception messages
§ Toxic/slow-moving article analysis
§ Master data updates
§ Improve and Innovation
• Reports
§ Submit and upload weekly/monthly reports from agents.
Minimum requirements
Minimum requirements
• NQF Level 4 (Matric equivalent)
• Numeracy to NQF Level 4
• SAP and Microsoft Office experience and knowledge.
• BMO qualification and experience is preferred.
• Self-discipline
• Experience in inventory planning, retail and supply chain
Skills & Competencies
· Strong analytical and numerical skills
· Advanced Microsoft Excel skills (pivot tables, VLOOKUP, forecasting)
· High attention to detail and accuracy
· Problem-solving and decision-making ability
· Strong organizational and time management skills
· Effective communication
· Ability to work under pressure and meet deadlines