Job Description
Inventory Monitoring: Regularly tracking the levels of goods or materials in stock to identify when replenishment is needed.
Ordering or Procurement: Initiating orders or acquiring new supplies to replace depleted stock. This can involve interacting with suppliers, placing purchase orders, and managing supplier relationships.
Forecasting: Predicting future demand based on historical data, market trends, and other relevant factors to anticipate the required replenishment quantities.
Supply Chain Management: Coordinating the flow of goods from suppliers to warehouses and then to retail locations or end customers efficiently.
Technology Integration: Utilizing inventory management systems, software, and technology to automate and streamline the replenishment process.
