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NTUC FairPrice

Senior Specialist (Inventory & Flow Management)

3-5 Years
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Job Description

Job Purpose

We are seeking an experienced Inventory Replenishment Manager to oversee and optimize our grocery retail supply chain operations. The role requires a strong understanding of inventory management, vendor relations, and data analysis to ensure efficient stock levels, reduced excess inventory, and improved in-stock rates. The ideal candidate will work closely with suppliers, logistics, and internal teams to align supply with demand, resolve issues, and implement automated replenishment strategies. Experience in retail or e-commerce environments is highly valued.

Responsibilities

Inventory and Supply Chain Management:

  • Analyze demand forecasts and lead supplier meetings to communicate expected demand, resolve issues, and ensure supply chain reliability in terms of delivery rate, on-time performance, and inventory levels.
  • Manage inventory processes and procurement for assigned suppliers and brands, focusing on optimizing in-stock rates, reducing inventory turnover days, and minimizing slow-moving or excess inventory.

Supplier and Vendor Collaboration:

  • Work directly with product teams, logistics teams, and suppliers to accelerate the clearance of promotional, seasonal, or aged inventory.
  • Develop and execute store-level forecasting for all distribution channels, including promotional items, special purchases, and modular products.

Order Fulfillment and Stock Optimization:

  • Partner with suppliers on order fulfillment strategies to ensure timely completion and collaborate with Distribution Centers (DCs) to maintain optimal inventory flow and reduce back-end stock.

Category Management and Strategy:

  • Participate in category reviews to identify opportunities and provide insights to improve productivity and Days on Hand (DOH).
  • Respond to store inquiries, including special requests and delivery issues, ensuring prompt and effective resolution.

Digital and Automated Replenishment:

  • Lead the design and implementation of automated replenishment processes
  • Establish a digital monitoring system to enhance inventory management and drive supply chain efficiency.

Requirements

  • Bachelor's degree or above in Supply Chain, Business, or a related field.
  • Minimum 3 years experience in inventory replenishment, supply chain planning, or similar roles in large retail or technology firms.
  • Strong data analysis and problem-solving skills; proficiency in Excel and related tools.
  • Excellent communication and stakeholder management skills.
  • Experience with fresh produce and/or e-commerce sectors is a plus.
  • Ability to thrive in a fast-paced and dynamic work environment.
  • Knowledge in SAP and/or replenishment system using Excel/Anaplan/Relex is an added advantage
  • Retail experience will be an added advantage

About Company

NTUC FairPrice is one of Singapore's largest and most well-known supermarket chains. Established in 1973 by the National Trades Union Congress (NTUC), it was created to moderate the cost of living and ensure affordable daily essentials for all. Today, FairPrice operates various retail formats, including FairPrice supermarkets, FairPrice Finest, FairPrice Xtra hypermarkets, and an online store. It plays a significant role in Singapore's grocery retail sector and is known for balancing commercial success with social responsibility.

Job ID: 115458439