Job Description

Location: Qatar

• Forecasting Demand: Utilize historical data, market trends, and sales forecasts to predict future demand for automotive parts, components, and vehicles.
• Inventory Optimization: Develop strategies to optimize inventory levels, balancing the need to minimize carrying costs with the requirement to ensure adequate stock availability to meet customer demands.
• Supply Chain Coordination: Collaborate with suppliers, logistics partners, and internal stakeholders to ensure timely delivery of inventory while minimizing stockouts and excess inventory.
• Inventory Analysis: Conduct regular analysis of inventory data to identify patterns, trends, and opportunities for improvement. Utilize inventory management software and analytical tools to optimize inventory performance.
• Operations Management: Oversee day-to-day inventory operations, including receiving, storing, and distributing automotive inventory efficiently and accurately.
• Forecast Accuracy Improvement: Continuously refine forecasting models and methodologies to improve forecast accuracy and reduce forecasting errors.
• Inventory Planning: Develop inventory replenishment plans based on demand forecasts, lead times, and inventory carrying costs to ensure optimal inventory levels.
• Risk Management: Identify and mitigate risks related to inventory management, such as supply chain disruptions, obsolete inventory, and overstock situations.
• Cross-functional collaboration: Work closely with other departments, including sales, marketing, finance, and production, to align inventory plans with overall business objectives and strategies.
• Performance Monitoring: Establish key performance indicators (KPIs) to measure inventory performance, such as inventory turnover, fill rate, and stockout rate. Monitor KPIs regularly and implement corrective actions as needed.
• Continuous Improvement: Drive continuous improvement initiatives to enhance inventory management processes, systems, and tools, aiming to increase efficiency, accuracy, and cost-effectiveness.