Data Analyst, Inventory Planning Executive (IPO)
MR DIY Malaysia
Date: 2 weeks ago
City: Remote
Contract type: Full time
Remote
Job Summary
The Inventory Planning Specialist supports the planning and management of inventory to ensure product availability while maintaining optimal inventory levels and minimizing carrying costs. This role involves analyzing sales and inventory data, assisting in demand forecasting, and collaborating with internal stakeholders to support replenishment planning. The specialist contributes to maintaining balanced inventory to meet market demand while helping to prevent overstock and stockouts. This position provides an excellent opportunity to develop practical skills in inventory planning, demand forecasting, and supply chain operations, making it ideal for fresh graduates or candidates with up to 1–2 years of relevant experience.
Key Responsibilities
All MR. D.I.Y. stores are managed directly and the retailer often works in collaboration with owners of shopfront properties or owners of malls. MR. D.I.Y. stores offer a wide selection of SKUs across five major categories, namely hardware; household and furnishing; electrical; stationery and sports equipment products; and others (comprising toys, car accessories, jewellery, cosmetics, food and beverage items, as well as health and personal care).
The Company strives to put its customers first by operating an innovative business that is flexible when it comes to providing a wide variety of products, good quality and value-for-money, holding true to the Company’s motto of “Always Low Prices”.
The Inventory Planning Specialist supports the planning and management of inventory to ensure product availability while maintaining optimal inventory levels and minimizing carrying costs. This role involves analyzing sales and inventory data, assisting in demand forecasting, and collaborating with internal stakeholders to support replenishment planning. The specialist contributes to maintaining balanced inventory to meet market demand while helping to prevent overstock and stockouts. This position provides an excellent opportunity to develop practical skills in inventory planning, demand forecasting, and supply chain operations, making it ideal for fresh graduates or candidates with up to 1–2 years of relevant experience.
Key Responsibilities
- Demand Forecasting
- Analyze historical sales data, demand trends, and market insights to support accurate demand forecasting.
- Collaborate with Sales and Purchasing teams to gather input and align demand planning assumptions.
- Continuously review and adjust forecasts based on market trends, seasonal demand, and promotional activities.
- Replenishment Planning
- Monitor inventory levels and assist in determining optimal order quantities and reorder points.
- Coordinate closely with Purchasing team to ensure timely and consistent supplier deliveries.
- Monitor supplier performance and address any issues affecting inventory availability.
- Inventory Analysis
- Monitor inventory levels and conduct regular inventory analysis to ensure optimal inventory health.
- Identify slow-moving, excess, and obsolete inventory and propose improvement actions.
- Analyze and report key inventory performance metrics such as inventory turnover, fill rate, and stock accuracy.
- Support initiatives to improve inventory accuracy and operational efficiency.
- Cross-functional Collaboration
- Work closely with Purchasing, Procurement, Logistics, and Warehouse teams to ensure inventory aligns with operational needs.
- Support inventory planning for new products launches, including initial stock setup.
- Communicate inventory updates and highlight potential supply risks to relevant stakeholders in a timely manner.
- Bachelor’s degree in Data Science, Data Analytics, Business Analytics, Supply Chain Management, Logistics Management, Industrial Engineering, or a related filed.
- Fresh graduates are encouraged to apply.
- Proficiency in Microsoft Excel and basic data analysis.
- Strong analytical, problem-solving, and communication skills.
- Detail-oriented with the ability to manage and analyze operational data.
- Able to work effectively in fast-paced, cross-functional environments Key Skills:
- Data analysis and reporting
- Inventory & supply chain knowledge
- Analytical thinking and problem-solving
- Planning, organization, and prioritization
- Effective communication and teamwork
- Proficiency in Excel
All MR. D.I.Y. stores are managed directly and the retailer often works in collaboration with owners of shopfront properties or owners of malls. MR. D.I.Y. stores offer a wide selection of SKUs across five major categories, namely hardware; household and furnishing; electrical; stationery and sports equipment products; and others (comprising toys, car accessories, jewellery, cosmetics, food and beverage items, as well as health and personal care).
The Company strives to put its customers first by operating an innovative business that is flexible when it comes to providing a wide variety of products, good quality and value-for-money, holding true to the Company’s motto of “Always Low Prices”.
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