Job description
We are seeking an experienced Purchasing & Planning Officer to take full ownership of our procurement and inventory planning process. You will be responsible for forecasting demand, optimizing stock levels, placing purchase orders with both international and local suppliers, and ensuring our inventory is always available without overstocking.
This role requires strong analytical skills and forecasting techniques, strategic thinking, and clear communication to maintain a healthy supply chain that aligns with business growth.
Responsibilities:
- Forecast demand monthly using methods such as linear growth, Second-Degree & Third-Degree Polynomial Growth, Weighted Moving Average, and Exponential Smoothing. Evaluate and apply the most suitable method based on product category and sales patterns.
- Calculate and maintain optimal safety stock, maximum inventory, and reorder points for all products.
- Place and track purchase orders with multiple local and international suppliers.
- Continuously analyze and improve order frequency, inventory turnover, and supplier performance.
- Adjust forecasts based on seasonality, trends, and historical sales.
- Coordinate with sales and warehouse teams to ensure accurate inventory levels and timely stock availability.
- Manage lead times for each supplier and plan purchases accordingly.
- Prepare reports and dashboards for inventory status, purchase schedules, and forecast accuracy.
- Optimize purchasing schedules to minimize working capital tied in inventory without risking stockouts.
- Manage consignment suppliers.
