Job Description
Business metrics relevant to achieving the essential accountabilities below:
– Managing operating departmental budgets and costs
– Accountable for net sales/EBIT/headcount responsibility, where applicable
Job Requirements
Manage operating departmental budgets and costs according to annual allocation to ensure efficient allocation of resources, where applicable
Manage and develop inventory management strategies, guidelines and processes to ensure inventory is planned at optimal level to meet target turn
Develop demand planning and improve forecasting tools to maximize service delivery performance, inventory turns, working capital performance and revenue growth
Manage and adjust inventory plans to respond to product demand changes and employ an appropriate strategy for each inventory class
Manage existing inventory using material requirements planning (MRP) system to maximum effect for optimum inventory scheduling and forecasting
Monitor and highlight over/under stocking and propose strategies to improve forecasting process
Develop and review scorecard with internal stakeholders to monitor service levels, progress against business objectives and take corrective actions as required
Manage and monitor cost and efficiency improvements for inventory management to achieve the optimal level of inventory holdings versus fulfillment
Working closely with the logistics and product managers on the inventory control of stock levels
Other task assigned by superior