Analyze sales forecasts, historical data, and market trends to predict material usage and finished goods demand. Must collaborate with sales, planning and/or scheduling teams to reconcile forecasts with production schedules.
Estimate requirements for yarns, fabrics, dyes, and other raw inputs based on production orders and BOMS. Use MRP systems (ERP/MIS) to generate production orders, monitor material lead times, and trigger replenishment.
Regularly review inventory levels, maintain optimal safety stock to avoid shortages and excess. Coordinate cycle counts and annual inventory audits; investigate discrepancies and recommend corrective action.
Monitor and adjust daily/weekly production schedules to meet delivery targets. Act as liaison between production planning, purchasing, and logistics teams to track order status and inventory flow.
Maintain KPI dashboards: stock turnover, fill rate, days on hand, stockouts. Prepare management reports and suggest improvements to optimize inventory investments.