I utilize a combination of historical sales data, market trends, and predictive analytics tools to forecast inventory demand. By analyzing past sales patterns and incorporating external factors like seasonality and promotions, I can create accurate demand forecasts. Additionally, I collaborate with sales and marketing teams to align forecasts with upcoming campaigns, ensuring inventory levels meet customer needs without overstocking.

When discrepancies arise, I first analyze the root cause, such as unexpected market shifts or data inaccuracies. I then adjust the forecast model and communicate with stakeholders to realign inventory plans. Implementing a continuous feedback loop helps refine future forecasts, while maintaining safety stock levels ensures we can respond to sudden demand changes without disrupting operations.

I have extensive experience with tools like SAP, Oracle, and advanced Excel for inventory management. These platforms enable me to track stock levels, analyze trends, and generate reports efficiently. I also leverage their forecasting modules to automate demand planning processes, ensuring data accuracy and saving time. Familiarity with these systems allows me to adapt quickly to new technologies and optimize inventory workflows.

I achieve this balance by implementing just-in-time inventory practices and maintaining optimal safety stock levels. By closely monitoring lead times and supplier reliability, I ensure timely replenishment without overstocking. Additionally, I use demand forecasting to anticipate fluctuations, reducing excess inventory while meeting customer demand. Regular reviews of inventory turnover rates help identify cost-saving opportunities without compromising service levels.

I work closely with sales, marketing, and supply chain teams to gather insights and align demand plans with business goals. Regular meetings ensure we share data on promotions, market trends, and customer feedback. This cross-functional collaboration helps refine forecasts and ensures inventory levels support strategic initiatives. Open communication and shared KPIs foster a unified approach to demand planning and operational efficiency.