Inventory planners are responsible for creating effective inventory plans for their organization. They produce documents that details quantity specifications about company product or equipment. In addition, they create accurate reports about supply count and materials. They also maintain updated files about inventory that is used or moved to avoid possible discrepancies, as well as receive returned equipment and keep records about shipments. Inventory planners also record inventory activity into company databases, complete daily transactions and link them to the appropriate departments, and assist supervisors with inventory replenishing tasks. They must actively participate in company meetings, suggesting better methods to handle current inventory and improve the use of company resources.
Inventory Planner Tasks
Track shipments to ensure they are complete, correct, and on time.
Predict future inventory needs, producing plans for buying based on forecasts and sales data.
Manage and maintain current inventory.
Identify and resolve discrepancies in inventory.