Yesid Nieto

Senior Inventory Planning @Diamond Home

New York, NY, US

Develop forecasts to align inventory with future product demands based on analytical, marketing, and sales data.Communicate weekly stock alerts (low stock and stock-out situations) to local departments.Control and analyze defined KPIs for operational processes.Manage operational issues with suppliers.Monitor and analyze stock cover levels in the MDCs and FDCs, identifying areas for improvement and proposing appropriate measures.Collaborate closely with local departments on events (limited editions, new product launches, product discontinuations, promotions, or special events), making necessary adjustments to the distribution center\'s supply portfolio and stock levels.Inventory Management:Balance the need for product availability with the goal of minimizing inventory costs to ensure optimal stock levels of the right materials in the right locations.Collaborate with the Demand and Supply Planning (DSP) team in developing assortment plans.Review stock levels across the entire network of distribution centers to proactively identify solutions for any deviations.Identify key issues related to volume variance that may impact supply and communicate these to planners by challenging existing logistics and supply planning processes.Monitor the evolution of requirements.Track all low stock, end-of-life, and limited edition SKUs in the network, ensuring that all low stock SKUs are available to meet customer demands while mitigating risks associated with bad goods.