Inventory Planner

Our Inventory Planners ensure the right products are in the right place at the right time. They balance inventory investment with product availability to maximize efficiency and meet customer demand.

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Local Average Salary

$4,750/month.

Average Remote Salary

$1,800/month.

Job Description

Key Responsibilities

  • Forecast inventory needs based on historical sales and market trends.

  • Monitor current stock levels and place timely orders to avoid stockouts or overstock.

  • Collaborate with purchasing, warehouse, and logistics teams.

  • Set and monitor reorder points and safety stock thresholds.

  • Manage supplier lead times and product lifecycle transitions.

  • Analyze inventory turnover rates and slow-moving stock.

  • Support promotions, product launches, and seasonal planning.

  • Prepare regular inventory and performance reports.
  • Maintain accurate inventory data in ERP or inventory systems.

Required Skills

  • Analytical skills and attention to numerical detail.

  • Experience with ERP or inventory planning tools.

  • Strong organizational and forecasting abilities.

  • Understanding of supply chain principles and inventory KPIs.

Cost Savings Estimate

• Local Hire Cost: $4,750
• Remote Average Salary: $1,800/month.
• Savings: Up to 62%.