We’re looking for an experienced Inventory Planning and Forecasting Manager to join our office-based Supply Chain team.
Position: Inventory Planning and Forecasting Manager
Salary: £40,000 per annum
Term: 6 – 9 months fixed term contract
Working hours: 40 hours per week
Place of work: Office based, Monday – Friday
Holiday: 30 days paid (inc. bank holidays), pro rata for the length of the contract
What you will be doing
• Inventory planning and forecasting: Own Tower’s demand forecasting and inventory planning, using historical data, customer forecasts, seasonality and commercial insight to determine future stock requirements
• Stock optimisation: Maintain appropriate stock levels, safety stock, reorder points and stock cover, balancing product availability with inventory investment and working capital
• Stock availability: Proactively identify potential shortages and work with Procurement and Supply Chain to manage supplier lead times, MOQs, replenishment requirements and supply risks
• Inventory and SLOB management: Monitor inventory performance and lead actions to reduce excess, slow-moving and obsolete stock (SLOB), including effective management of new, substituted and discontinued products
• S&OP and business planning: Provide forecasting and inventory insight into the Sales & Operations Planning (S&OP) process, working with Commercial and Customer Service to understand changing customer requirements and translate these into stock plans
• Reporting and continuous improvement: Monitor and report on forecast accuracy, availability, stock cover, inventory value, stock-outs, SLOB and inventory turnover, using data to identify risks, opportunities and improvements
• Cross-functional collaboration: Work closely with Supply Chain, Procurement, Commercial, Customer Service, Finance, Warehouse and Logistics to ensure inventory decisions support customer service, operational requirements and financial performance
What’s in it for you
• Modern open plan office
• Monthly profit share bonus scheme
• Company sick pay
• Free onsite parking
• Perks at Work scheme
• Tuck shop snacks
• Free lunch every Friday
• Charity dress down day every Friday
• Cycle to Work scheme
• Complementary Birthday vouchers
• Subsidised workplace massage
• Eye care reimbursement
• Employee assistance programme (EAP)
• Company social and corporate events
Who we are
We’re a fast-paced, forward-thinking global solutions provider who is redefining operational excellence for businesses. We’re famous for our fantastic customer service and for creating comprehensive solutions that help our customers stay ahead in an ever-changing world.
Where you work
Our open plan office encourages teamwork and communication. You will be working in a respectful environment surrounded by people that care about you just as much as our customers. We also believe diversity is the key to a success. That means your voice will always be heard no matter your role, and there will always be the opportunity to make a big impact.
Who you are
· Proven experience in inventory planning, demand forecasting, supply planning or stock optimisation, ideally within a high-SKU distribution, wholesale, FMCG or similar environment
· Strong knowledge of forecasting, replenishment, stock optimisation, S&OP and SLOB management
· Strong analytical and numerical skills, with the ability to interpret complex data and turn it into practical business decisions
· Advanced Microsoft Excel skills and experience using ERP, inventory or supply chain planning systems
· Good commercial understanding of inventory investment, working capital and customer service
· Strong planning, problem-solving and decision-making skills
· Excellent communication and stakeholder management, with the confidence to challenge assumptions and influence decisions
· Experience of managing varying supplier lead times, stock cover, safety stock and replenishment requirements
· Relevant supply chain qualification, such as CIPS or ASCM/APICS, or equivalent experience, would be advantageous
· Experience of international supply chains, multiple warehouse locations or 3PL operations would be desirable
Personal attributes
· Analytical
· Commercially minded
· Proactive
· Collaborative
· Decisive
· Continuous improvement focused
Inventory Planning and Forecasting Manager employer: Tower Supplies
Join a dynamic and innovative team in Poole as a Sales Account Manager, where you'll thrive in a modern open-plan office that fosters collaboration and communication. Enjoy a range of benefits including a monthly profit share bonus, free lunches on Fridays, and opportunities for personal growth in a respectful and diverse environment that values your contributions. With a strong focus on employee well-being and a commitment to exceptional customer service, this is an excellent opportunity for those looking to make a meaningful impact in their career.
