Analyst - Inventory Analytics

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Job Description - Analyst - Inventory Analytics

Position Title:

Analyst – Inventory

Function/Group:

Global Planning Hub - Supply

Location

Powai, Mumbai

Shift Timing

1:30 PM to 10:30 PM IST

Role Reports to:

Assistant Manager – Inventory Analytics

Remote/Hybrid/ in-office

Hybrid

Hiring Manager

Amruta Bhutkar

Date

30 th May, 2024

About General Mills :

We make food the world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Häagen-Dazs, we’ve been serving up food the world loves for 155 years (and counting). Each of our brands has a unique story to tell.

How we make our food is as important as the food we make. Our values are baked into our legacy and continue to accelerate us into the future as an innovative force for good. General Mills was founded in 1866 when Cadwallader Washburn boldly bought the largest flour mill west of the Mississippi. That pioneering spirit lives on today through our leadership team who upholds a vision of relentless innovation while being a force for good. For more details check out

General Mills India Center (GIC) is our global capability center in Mumbai that works as an extension of our global organization delivering business value, service excellence and growth, while standing for good for our planet and people.

With our team of 1800+ professionals, we deliver superior value across the areas of Supply chain (SC) , Digital & Technology (D&T) Innovation, Technology & Quality (ITQ), Consumer and Market Intelligence (CMI), Sales Strategy & Intelligence (SSI) , Global Shared Services (GSS) , Finance Shared Services (FSS) and Human Resources Shared Services (HRSS).For more details check out

We advocate for advancing equity and inclusion to create more equitable workplaces and a better tomorrow.

Job Overview :

Function Overview :

The GIC Supply Chain team manages end-to-end operations, encompassing planning, sourcing, manufacturing, logistics, and analytics. They strategically plan to meet market demands, optimize sourcing, ensure efficient production, and oversee the seamless movement of goods from production to delivery. The team employs advanced analytics throughout these processes, fostering adaptability and operational excellence. This collaborative approach ensures a well-coordinated supply chain that aligns with both organizational goals and dynamic market conditions.

Purpose of the role :

Primary objectives in this role would be to

  • Support the process to develop optimized Inventory targets/recommendations for Finished Goods, Raw Materials, Packaging Materials & SEMIS (WIP) Leveraging Inventory Optimization tool incorporating supply chain strategies, product characteristics, segmentation, service goals, lead-time etc.
  • Support the Run process & Process Improvement
  • Support Inventory analysis related narratives

Key Accountabilities :

40 % Bandwidth : Unconstrained Inventory Target Setting Process Execution

  • Support Inventory target recommendations refresh process
  • Calculate and provide inventory recommendations using analytical/statistical tools
  • Identify key drivers for changes in inventory recommendations cycle on cycle
  • Support team members on data management, systems, and processes
  • Partner with stakeholder(s) to get alignment on inventory recommendations from the tool
  • Support reporting and data analytics

20 % Bandwidth : Stakeholder Management

  • Support data driven insights via presentations to business stakeholders for target recommendations
  • Effective and crisp communication assisting stakeholders to achieve their business objectives

20 % Bandwidth : Support Inventory Analytics related Projects

  • Support the scenario runs basis stakeholders’ requirement
  • Support Process Improvement and Sustainability initiatives
  • Support NAR SC initiative from Inventory side
  • Support validation initiatives for tool/logic enhancement

20 % Bandwidth: Learning and Development Initiatives

  • Support a sustainable onboarding and process documentation process.
  • Conduct knowledge sharing sessions for the cross functional teams.

Profile Requirements and Preferences:

Education :

  • Minimum Degree Requirements: Bachelors
  • Preferred Degree Requirements: Masters
  • Preferred Major Area of Study : Operations / Supply Chain

Work Experience

  • Minimum years of related experience required : 1
  • Preferred years of related experience : 2

Specific Job Experience or Skills Needed

  • Basic understanding of supply chain and logistics concepts
  • Strong understanding of inventory management concepts – Sawtooth curve, Components of inventory Eg. Safety stock, Cycle stock etc. Inventory policies and strategies.
  • Strong MS Excel and analysis skills (i.e., skilled at pivot table, charts and graphs)

Competencies/Behaviors required for job :

  • Deliver outstanding results: Completes tasks, activities, and projects in a timely and effective manner. Communicates progress about projects with others to ensure overall alignment. Provides ideas and input to help team achieve greater result.  Assumes personal initiative and accountability for results, performance, and behaviors.
  • Interpersonal Effectiveness: Relates well with stakeholders, colleagues & team members. Maintains a positive, supportive & appreciative attitude. Actively listens to others & demonstrates an understanding of their point of view. Clearly articulates views in written & verbal discussions.
  • Problem Solving / Analytical skills : Ability to collect and analyze data quickly and efficiently. Can identify issues and provide ideas/solutions for resolution.
  • Supports Innovation – Ability and confidence to support creative solutions is preferred. Identifies both opportunities and needs for change.  Adapts quickly and responds effectively to change. 
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