• Manage and monitor inventory operations to ensure inventory is planned at optimal level to meet target turns, working capital performance and revenue growth

General Responsibilities

• 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

Functional Skills and Knowledge

• Demonstrate in-depth understanding of inventory planning methodologies and systems
• Demonstrate working understanding of distribution centers, distribution and transport
• Proven experience in inventory management, procurement systems and logistics operations
• Demonstrate working knowledge of SAP - material requirements planning (MRP) system
• Proven experience in the consumer goods, healthcare and pharmaceutical industries
• Demonstrate strong analytical and quantitative skills
• Demonstrate appreciation and respect for cultural sensitivities especially in international/cross-cultural interactions
• Demonstrate proficiencies in office productivity tools (e.g. Excel, Word and PowerPoint)
• Demonstrate fluency in English, both written and spoken

Education

• Bachelor or master’s degree in supply chain management, Business Administration, Supply Chain, Logistics or other related fields