Inventory Manager

Jeddah, Makkah
Permanent
Full-time

22 hours ago

Abdul Latif Jameel comprises diversified businesses with deep roots in the Middle East, North Africa, and Turkey (MENAT region). Strong networks and long-established relationships make us a powerful partner, opening doors for those who want to do business in the region.Our businesses represent some of the world's leading brands, earning us their trust and building long-lasting and mutually beneficial relationships. Our commitment to anticipate and support our partners' needs has driven our success.From our modest beginnings 75 years ago as a small trading business and then a Toyota distributorship in Jeddah, Saudi Arabia, we have established an extensive operations infrastructure, built the largest vehicle distribution network in Saudi Arabia, and, along the way, we have accumulated comprehensive automotive expertise throughout the region.Applying our vast experience in the automotive sector, we've used our expertise and operations infrastructure to diversify into new sectors that contribute to the 'infrastructure of life' in the MENAT region.Financial Job DimensionsDegree of supervisionClose supervision over operational activitiesLevel of AuthorityMedium authority over inventory functional day to day operationsPurpose of the JobEnsure the availability of parts by managing the activities of Inventory Operations and Distribution. Plan the execution and communication with suppliers and different BU's to achieve the targeted inventory and service level. Implement Kaizen plans to improve the business performance and process toward attaining the division and company goalsKey Accountabilities: Description

Inventory KPI's Stock Month

GDI/Engagement Survey

Safety and Health measures

Inventory KPI's Service Rate

Key Accountabilities: Performance Indicators

5.5 TSM 85% 100% 98%

Major Activities1. Execute the strategic plan in the improvement of the service rate, stock month and supply of materials at the targeted level to enhance the Parts GDI by ensuring the parts availability at all times2. Support the planning and the execution of the department strategy and the annual action plan to synchronize the processes to achieve the department targets of stock availability, cost optimization and revenue enhancement3. Monitor the service level, stock month, procurement & logistics cost to optimize and reduce the inventory cost by stabilizing inventory planning and operation to a manageable level to generate revenues4. Coordinate high level communication with suppliers and other departments to establish a working relationship to promote the integration for other parties with Parts Business and support the implementation of sales strategies5. Create a strong communication and negotiate with suppliers and service providers (TMC/TMAP/TPCAP/TMNA/TMCA/Daihatsu/Forklift/DHL/ALJT/NYK etc.) And maintain better working relationship which lead to maximum parts availability6. Manage a manpower performance development and engagement programs to transfer the Know-How in inventory Management for the associates (including Centers & Dealers key persons) to be engaged, self-reliant and productive7. Liaise with Sales and Marketing Department for smooth procurement forecast of parts, pricing and smooth sales operation for both normal and campaign sales8. Collaborate with Warehouse Department for synchronized daily / monthly warehouse operations and in the conduct of the annual stock taking9. Coordinate with Supply Chain related parties for a synchronized inbound operation to assure parts availability with minimum logistics cost10. Implement the strategies for the supply chain process and Kaizen plan activities (i.e. Stock reduction, tsumimashi, etc.) By reviewing and analyzing the stock position (micro-analysis), stock orders and seasonal stocking items on a regular basis (daily, weekly, monthly) to improve the service rate, stock month and stock efficiency11. Oversee new projects that aim to transfer the know-how to our centers and dealers and improve the department KPI's by monitoring the implementation on a regular basis12. Supervise the continuous improvement of the Inventory Management Operation with a 'dynamic' relationship of IT Department for improving the stock service rate13. Review the new model parts system, orders, and stock, service rate and campaign progress to reconcile monthly stock report and other inventory control KPI reports by liaising with related departments.14. Planning the size of inventory required to meet the forecasted demand and maintain the strategic inventory level to support the sales plans (Income statement item).15. Management and safeguarding the inventory level/amount as per demand plan, procurement, and logistics processes (Balance sheet item).16. Manage and control the suppliers lcs (letter of credit) with a direct communication between treasury, finance, and suppliers.Job Context

The job requires basic Knowledge of principles and processes for providing customer and personal services

The job requires basic knowledge of principles and methods for showing, promoting, and selling products or services

The job requires advanced knowledge in inventory management & basic in warehouse management

The job has direct impact over stock aging vehicles

Framework, Boundaries & Decision Making Authority

The job holder has the freedom to select the best supplier based on history

The job holder has the authority to approve/decline a supplier proposal

The job holder is responsible in managing the LCS for the suppliers

Organizational / Functional Strategic Focus

The job holder has a strategic role in developing and monitoring the team while developing a succession plan within the department

The job has a crucial supportive role in planning and the execution of the department strategy and the annual action plan

The job holder has a crucial role to ensure managing the activities of Inventory Operations and Distribution

Minimum QualificationsBachelor's Degree or equivalent Engineering, Industrial Engineering, Supply chain, Logistics or Business administration degreeMinimum ExperienceMinimum of 5 years of experience in Supply Chain Planning, Operation, or related fieldJob-Specific Skills

Time Management

Management of Personnel Resources

Monitoring and Implementation

Active Learning

Stress Tolerance

Achievement/Effort

Awareness and Problem-Solving Skill

LanguagesEnglish / ArabicSpecial Certifications / MembershipCompetenciesAdaptability (Individual Contributor)Collaboration (Individual Contributor)Development of Self & Others (Individual Contributor)Guest First (Individual Contributor)Innovation (Individual Contributor)Problem Solving (Individual Contributor)Why Work for Us?With a truly international footprint and more than three quarters of a century of commercial success behind us, we are today, not only a leading employer across the Middle East, North Africa and Turkey (MENAT) region, but also offer exciting opportunities worldwide, from Chile to Japan, from the UK to Australia.Our values guide the way we work with our business partners, within our communities, and with each other.Through Respect, Innovation, a Pioneering Spirit, and Empowerment, we are proud of our culture which sees ideas blossom, people thrive and successes flourish.

Abdul Latif Jameel

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