The primary responsibility of the Production Planner is managing inventory levels to ensure adequate supply while minimizing excess inventory and costs. This role involves monitoring inventory levels daily, analyzing data to forecast trends and demand for specific products and materials, and developing and maintaining inventory control procedures. The Production Planner will work collaboratively with purchasing, production, and logistics departments to optimize inventory levels and minimize stockouts and overstocks. Additionally, the position requires maintaining accurate inventory records, identifying discrepancies, and taking corrective action where necessary. The Production Planner will also identify slow-moving inventory and develop strategies to reduce or liquidate those items, working with sales and marketing departments to promote them. Reporting inventory key performance indicators (KPIs) to senior management and evaluating new products for inclusion in the company's inventory are also key responsibilities. The role includes implementing and maintaining inventory management software and systems to streamline processes and improve accuracy and efficiency.