Inventory Planner

2 weeks ago

London, United Kingdom Marks & Spencer Full time

There has never been a more exciting time to join M&S Supply Chain & Logistics. Why? Because as shopping habits continue to change, we’re looking for a variety of exceptionally skilled people who can help us transform our end to end Supply Chain. As they are fundamental to ensuring we are delivering the products that our customers want through a service they love

As a result, we now have created an exciting new role of Inventory Planner. This role will focus on balancing the maximisation of DWA (and sales) for subsets of product ranges/departments with lowering operating costs across Supply chain & Logistics and Retail operations. To ensure that available stock is systemically distributed to the right channel, to the right location and in the right quantities to minimise trapped stock, maximise DWA, minimise operating cost and maximise inventory turns.

The key activities for this role will include among others:

- Product Segmentation: Delivering segmentation analysis including the monitoring and subsequent authorising of movement between segments.
- Inventory management: Validating VM and Presentation settings, regularly reviewing top down (MP) vs bottom up (JDA) stock projections and authorising any required action to close the gap. Responding to trade and adjusting inventory parameters and replenishment approaches
- Inventory Segmentation: Implementing inventory segmentation approach that determines the required stock holding at size-location level and implementing this across the replenishment system to all channels. Carrying out movement between segments and continuous improvement of the framework
- Complete analysis and modelling to inform Inventory Planning Manager decision making for replenishment optimisation. Including: Pick frequency at stroke-colour and size-store level; Best-fit replenishment strategy at stroke-colour and size-store level (e.g. continuous replenishment vs min/max vs periodic replenishment); Delivery schedule changes
- Availability: Monitoring Demand Weighted Availability across all of clothing & Home and reacting accordingly. Aligning DRP Timefence maintenance across all areas. Delivers promotional, peak and new launch stock builds through timely and accurate allocations
- Sale Stock Pushes: Ensure sale stock is implemented in the most profitable way and lands in time for sale launch
- Listings: Managing any adjustments to store gradings, catalogues, MCDQ and listings. Coordinating creation of Outlets catalogues in JDA
- Network Planning & Logistics: Inform the roll up of Clothing & Home weekly send forecasts provided to Network Planning. Ensure any issues in the Logistics network are resolved in a timely manner. Support planning team to manage controlled flow and delivery transparency

To succeed in this role, you will need a commercial approach a solid understanding of sales forecasting and supply chain processes. With experience in use of JDA fulfilment parameters and inventory planning techniques. In addition, you will need the following:

- Highly organised with any eye for detail and able to juggle multiple conflicting priorities
- Strong IT literacy skills including experience with or capability to use analytics tools, e.g. JDA, SQL, databases, Spotfire and be proficient in Microsoft Excel to perform detailed analysis
- Ability to build strong cross functional relationships and challenge, influence and persuade others to move towards a common vision or goal in a fast-paced environment where no two days are the same

Interested? Then we would love to hear from you

LI-ME1

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