Inventory Manager
Job details
Perform all aspects of inventory management, including forecasting future demand, optimizing stock levels, and ensuring smooth operations.Key Responsibilities: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.Education and Qualifications: Bachelor's degree is a mustInventory certificate or degree is an addition.
#J-18808-Ljbffr Trade, Import & Export
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