Inventory Manager - VMI

Red Sea Global; Saudi Arabia; On-site; SAR 80,000 - 100,000; Full time

Job summary

Join a leading logistics company under Red Sea Global, where you'll oversee vendor inventory initiatives, collaborate with various teams, and enhance operational efficiency. This role is pivotal in supporting the Kingdom's Vision 2030 through effective inventory management and vendor relations.

Qualifications

• Minimum 3 years of experience in Trading, Retail, Supply Chain, Logistics.
• Experience in a dynamic high-volume transactional environment preferred.

Responsibilities

• Oversee vendor inventory initiatives and enhance efficiency.
• Collaborate with various teams to maintain optimal stock levels.
• Analyze inventory and demand data to identify trends.

Skills

Inventory Management

Vendor Management

Data Analysis

Education

Bachelor's degree in accounting, finance, business, commerce

Tools

SAP S/4 Hana

SAP Cloud Analytics (SAC)

Job description

An exciting opportunity to join one of Red Sea Global's subsidiaries, contributing to a dynamic and ever-evolving supply chain while making a meaningful impact on the Kingdom's Vision 2030.

Company: Logistics Company

Position Overview:

Oversee vendor inventory initiatives, enhancing efficiency and relationships. Collaborate with the Vendors, Demand Planning, Centralized Procurement, and SC&L teams to maintain optimal stock levels, meet customer demand, and enhance operational efficiency.

• Manage vendor performance, develop inventory strategies, maintain relationships.
• Collaborate with suppliers to validate and manage item data, aligning it with demand and inventory needs.
• Provide essential support to Inventory Management in overseeing inventory operations.
• Manage the purchase order process and ensure orders are produced on timely manner
• Analyze inventory and demand data regularly to identify trends, discrepancies, and opportunities for improvement.
• Prepare and deliver clear and insightful reports to aid decision-making and inventory optimization efforts.
• Foster effective communication with suppliers to facilitate efficient stock replenishment.

Policies, Systems, Processes, Procedures, Standards and Reports

• Follow all relevant functional policies, processes, standard operating procedures, and instructions to ensure that work is carried out in a controlled and consistent manner.
• Assist in the preparation of accurate and timely functional inventory, fulfilment and performance reports to meet corporate and functional requirements, policies, and standards.

Continuous Improvement

• Contribute to the identification of opportunities for continuous improvement of the department's systems, processes and practices considering international best practice, improvement of business processes, cost reduction and productivity improvement.

Qualification and Experience:

• A bachelor's degree in accounting, finance, business, commerce, or related degree.
• Knowledge of accounting/financial/operational principles.
• Minimum 3 years of experience in Trading, Retail, Supply Chain, Logistics or other operational organization with minimum of $200M of business.
• Experience in dynamic high-volume transactional environment preferred.
• Experience with SAP S/4 Hana and SAP Cloud Analytics (SAC) preferred.