A supply chain planner is in charge of monitoring an organization’s inventories. They ensure the sustainability of a product by predicting sales and setting up materials needed for production. They constantly track how well and fast, products are being dispatched as well as guaranteeing the availability of goods and services to the customers. They also collect data for analyzing the level of a product and generating reports that will assist in the logical planning of product delivery.
A supply chain planner thinks logically and creatively, plans and organizes well, and is knowledgeable in software applications for analyzing data. Other attributes that a supply chain planner possesses are:
- Negotiation skills: They make favorable decisions in increasing production sales and, managing resources to avoid waste and can convince clients and seal deals with them.
- Accountability: They are people who are trustworthy, competent, and reliable in their words. They uphold the standards of integrity while avoiding compromise in the workplace.
- Product Analyses: They are good at analyzing products to deduce well-informed decisions in promoting product sales. With the ability to sort out data, they can determine the needs and wants of their customers, the amount of goods that should be produced at a time, and delivery methods that should be incorporated to ensure customers’ satisfaction.
- Ability to work with or without a team: They deliver well on the job while working independently or with a team.
- Effective Communication: They are well-outspoken and easily adapt to their environment. Their communication skills make it easy for them to relate with clients and customers.
Roles Of Supply Chain Planner
Their responsibilities include:
- Ensuring the availability of production materials by liaising with suppliers
- Supervision of the supply chain process
- Monitors company inventory in all locations
- Track the delivery of products and implement new strategies to meet up with sales targets.
- Stay updated with trends to know when inventory could be purchased
- Maintaining a steady flow of stock without overestimating needed materials
- Identify and solve issues affecting the supply chain process
How To Become A Supply Chain Planner
To become a supply chain planner. The following steps are necessary:
Be educated
Get a foundational degree in computing, logistic management, finance, business management, and information systems. This will help you learn basic principles and procedures involved in the supply chain and position you for entry roles on the job.
Gain experience
Companies in need of a supply chain planner would prefer to go for an experienced individual over a novice. Get equipped with the ability to analyze statistics, do market research, identify stock prices, and be knowledgeable in Material requirement planning, production planning and procurement, and enterprise resources planning. You can also apply for entry roles, internships, or volunteer at companies that have a functioning logistics department.
Develop yourself
What makes you a professional is constant practice. Be committed to your career growth, and get used to trends and techniques that are important in this field. This shows how relevant and informed you are. You can join professional bodies like the Chartered Institute of Procurement and Supply and so many others
Attentiveness to the Stock Market
To beat your competitors in the stock market trends, You need to pay attention to the stock price trend for proper decision-making and to maintain your consumer’s patronage over the competitors. A favorable and general product price attracts more customers.
