PharmEasy - Senior Instock Manager

Key Responsibilities

• Develop and refine demand forecasting models using historical data, market trends, and seasonal factors.
• Integrate predictive analytics and new algorithms to improve forecast accuracy and reduce order deletions.
• Collaborate with category and sales teams to align on demand signals and new product introductions.
  

Inventory Management

• Own the inventory strategy for 50K+ SKUs across B2B and B2C channels, ensuring optimal stock levels and minimizing DOH.
• Drive initiatives to improve key availability metrics like Order Fill Rate and SKU Buyability.
• Manage excess inventory by analyzing aging stock and implementing lifecycle strategies.
  

Procurement Operations

• Lead procurement planning for high-value and high-volume SKUs, including inter-warehouse SKU transfers.
• Collaborate with suppliers and internal stakeholders to enhance vendor fill rates and Just-in-Time (JIT) inventory practices.
• Support new warehouse launches with tailored assortments based on regional and cohort-level demand.
  

Team Leadership & Collaboration

• Lead and mentor a cross-functional team to deliver against procurement KPIs and operational targets.
• Coordinate with category managers, warehouse operations, logistics, and finance to ensure seamless procurement operations.
  

Process Innovation & Strategy

• Spearhead automation and digital initiatives to streamline procurement workflows.
• Continuously monitor and optimize the SKU fulfillment score, Buyability metrics, and repurchase models.
• Implement catalog improvements and integrate demand sensitivity models to support business expansion and profitability
  

Must Haves

• Strong expertise in demand planning, forecasting models, and inventory optimization
• Deep understanding of procurement operations, supplier management, and replenishment strategy
• Proficient in working with large datasets and tools such as Excel, SQL, or BI tools
• Strategic mindset with hands-on experience in leading cross-functional teams
• Experience with warehouse assortment planning and inter-DC transfers
• Strong analytical and decision-making skills
• Excellent stakeholder management and communication abilities
  

Good To Have

• Prior experience in eCommerce, FMCG, or Retail environments
• Hands-on experience managing procurement or inventory planning for multi-SKU portfolios
• Proven track record in driving fill rate improvements, DOH reduction, and forecast accuracy