Inventory Manager

Starlinks; Saudi Arabia; On-site; SAR 60,000 - 80,000; Full time

Job summary

A leading company in Saudi Arabia is seeking an Inventory Manager to optimize inventory processes. This role involves overseeing inventory control, storage management, and order fulfillment while leading a team and ensuring compliance with regulations. The ideal candidate will have a Bachelor's degree in supply chain or related fields and strong communication skills.

Qualifications

• Bachelor's degree in supply chain & Logistics or a related field required.

Responsibilities

• Develop and implement inventory management strategies.
• Oversee inventory lifecycle and ensure accuracy.
• Conduct regular cycle counts and audits.

Skills

Communication

Collaboration

Proactiveness

Accountability

Ethical Practice

Education

Bachelor's degree in supply chain & Logistics

Tools

WMS Management

Inventory Control and Management

Operational Reporting

Job description

Job Purpose

The Inventory Manager optimizes inventory management processes for accuracy, efficiency, and cost-effectiveness. This role oversees inventory control, storage management, order fulfillment, and cycle counting. Responsibilities include strategy development, team leadership, compliance maintenance, and performance reporting.

Main Job Responsibilities

• Develop and implement comprehensive inventory management strategies to optimize inventory levels and minimize stockouts and overstock situations.
• Oversee the entire inventory lifecycle, including the receipt, storage, and distribution of inventory, ensuring accuracy and efficiency in all processes.
• Conduct regular cycle counts, physical inventories, and audits to maintain inventory accuracy and identify discrepancies, implementing corrective actions as needed.
• Collaborate closely with cross-functional teams, including procurement, production, logistics, and sales, to forecast inventory needs, ensure timely replenishment, and address any inventory-related issues.
• Monitor inventory turnover rates, aging inventory, and slow-moving or obsolete items, analyzing data and trends to identify opportunities for process improvements and cost savings.
• Lead and mentor the inventory team, providing guidance, support, and training to ensure high performance, adherence to company policies and procedures, and a culture of continuous improvement.
• Maintain compliance with all regulatory requirements and company policies related to inventory management and control, including safety, security, and environmental regulations.
• Prepare regular reports and presentations on inventory performance, trends, and key metrics for management review, providing insights and recommendations for optimization and improvement

Requirements

• Bachelor's degree in supply chain & Logistics, BA, or a related field

Behavioral Competencies

• Ethical Practice
• Communication
• Health, Safety and Environment
• Accountability
• Proactiveness
• Collaboration
• Technology Advocacy

Technical Competencies

• Stock Allocation and Monitoring
• WMS Management
• Inventory Control and Management
• Coordinating Stock Movements
• Cycle Counting
• Operational Reporting
• Capacity Management and Planning
• Loading and Unloading Stock
• Workload Scheduling
• Cost Control
• Data Entry
• Warehouse Operations
• Spot Checks
• Stock Relocation
• Sub-Inventory Management