What is a Supply Planning Executive doing? Job description and responsibilities

What does a Supply Planning Executive do?

The Supply Planning Executive is responsible for overseeing the end-to-end supply chain process, ensuring efficient inventory management and timely delivery of products. Reporting to the Supply Chain Manager, this role involves analyzing demand forecasts, coordinating with suppliers, and implementing strategies to optimize production and minimize costs. The Supply Planning Executive plays a crucial role in maintaining a seamless supply chain and meeting customer demands.

Responsibilities of Supply Planning Executive

• Develop and implement supply planning strategies to optimize inventory levels and meet customer demand.
• Collaborate with cross-functional teams to forecast demand and ensure accurate production planning.
• Monitor and analyze inventory levels, identifying potential risks and opportunities for improvement.
• Coordinate with suppliers to ensure timely delivery of materials and components.
• Evaluate supplier performance and negotiate contracts to secure favorable terms and conditions.
• Conduct regular inventory audits to maintain accuracy and integrity of stock records.
• Utilize supply chain management software to track and manage inventory levels and replenishment.
• Generate reports and provide analysis on supply planning metrics, such as stock availability and order fulfillment.
• Identify and implement process improvements to enhance supply planning efficiency and effectiveness.
• Stay updated on industry trends and best practices in supply planning to drive continuous improvement.