Inventory Optimization Manager

12-14 years
a month ago
Job Description

Together with analytics team leaders you will support our business with excellent data models to uncover trends that can drive long-term business results.

How you will contribute

  • Work in close partnership with the business leadership team to execute the analytics agenda
  • Identify and incubate best-in-class external partners to drive delivery on strategic projects
  • Develop custom models/algorithms to uncover signals/patterns and trends to drive long-term business performance
  • Execute the business analytics program agenda using a methodical approach that conveys to stakeholders what business analytics will deliver

What you will bring

  • Using data analysis to make recommendations to senior leaders
  • Technical experience in roles in best-in-class analytics practices
  • Experience deploying new analytical approaches in a complex and highly matrixed organization
  • Savvy in usage of the analytics techniques to create business impacts

More about this role

  • Work in close partnership with the business leadership team to execute the analytics agenda
  • Identify and incubate best-in-class external partners to drive delivery on strategic projects
  • Develop custom models/algorithms to uncover signals/patterns and trends to drive long-term business performance
  • Execute the business analytics program agenda using a methodical approach that delivers business analytics to stakeholders focused around KPI & other business scenarios modelling such as service level segmentations, waste risk modelling, financial factors modelling and its trade off impacts on inventory optimization & inventory performance, analysis of operational planning & inventory projections accuracy, safety stock modelling & network analysis, historical & forward looking inventory projections analysis building various views by business classifications providing deep data insights as needed to drive business performance etc

What extra ingredients you will bring:

  • A desire to drive your future and accelerate your career and the following experience and knowledge:
  • Using data analysis to make recommendations to senior leaders
  • Technical experience in roles in best-in-class analytics practices
  • Experience deploying new analytical approaches in a complex and highly matrixed organization
  • Savvy in usage of the analytics techniques to create business impacts

Education / Certifications:

  • B. Tech / B.E. from IIT / BITS Pilani / NIT and / or Masters in Operations from tier 1/2 MBA colleges with exposure to Supply Chain Operations & Analytics in the curriculum (IIM NITIE, SP Jain, JBM)
  • APICS CPIM or CSCP or similar accreditation - highly preferred Or Motivation and capability to acquire accreditation
  • Exposure to Lean Six Sigma & Continuous Improvement techniques will be preferred

Job specific requirements:

  • An Analyst/ Consultant - Inventory Optimization: is responsible for supporting mathematical modelling needs for inventory optimization & allied supply optimization processes for designated geography across the globe. The role includes statistical modelling for Multi Echelon Inventory Models (MEIO) to help region meet the regular inventory targets as defined by management business objectives.
  • Statistically model the multi-tier supply chain network for each market of given geography, define appropriate inventory policy parameters for feeding them to SAP APO SNP for regular replenishment
  • Pork closely with Supply Planning function and factories to find ways to reduce the overall inventory in FG, RM/PM category or MRO category
  • Liaison with Regional Supply Planning Capability Leads to define & support a governance a process for inventory policy parameter refresh for each region and execute it accordingly
  • Create / leverage simulation tools and lead various required simulation and sensitivity analysis with multiple business scenarios to assess the impact of business dynamics (SC disruptions, changing manufacturing sources, deploying new production strategies etc) on inventory and help define action plans
  • Familiar and proficient in data extraction, handling and data consumption and should be able to provide required output via effective visualization techniques leveraging tools like Alteryx & Tableau.
  • Supports continuous process improvement by generating required analysis, developing analytical & statistical models to resolve/detect escalated performance issues
  • Ideate in building initiatives around inventory optimization processes across all regions for FG, RM/PM, MRO as well as allied optimization opportunities like cycle stock optimization

Functional /Technical Expertise:

  • Overall experience in field of application of statistics, analytics to SCM in FMCG
  • Preferred Exposure to at least one of or more packages like SAP IBP IO / Supply Chain Guru / IBM Ilog / Logility / OMP / o9 focusing on optimization modules and open-source technologies like R / Python
  • Mandatory experience handling Supply Chain Operations & Planning processes
  • Mandatory Exposure to SAP APO SNP ( preferred ) or similar inventory/ planning tools
  • Mandatory Exposure to FMCG (Direct or Indirect through consulting engagements)

Competencies /Abilities:

  • Demonstrated Basic Supply Chain knowledge & SC KPIs to understand inventory dynamics
  • Possess required SC / Ops, Mathematical modelling & Analytics Education & Experience
  • Self-Starter to handle various priority conflicts, proactive identify opportunity areas and build sustainable solutions
  • Demonstrate excellent problem-solving skills, analytical skills, as well as verbal and written communication skills in English
  • Drive for cross-functional results by proactively understanding and managing key issues & success criteria.
  • 12+ years of work experience covering above essential & preferred exposure.
  • Proven experience in reporting and managing projects with cross-functional and global stakeholders.
  • Team management & team leading experience providing guidance , setting strategic directions etc is preferred

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