Job Description
Group Inventory Analyst - (399)
About Zahrawi Group
Zahrawi Group is a leading company in the GCC Healthcare Industry with its presence in UAE, KSA, Qatar, Bahrain, & Oman markets. The company supplies and distributes high-quality products and services to Hospitals, Clinics, Laboratories, & Analytical Industries.
job Brief
The incumbent is accountable to ensure that inventory levels are maintained efficiently that aligns with the demand forecast and business goals.ACCOUNTABILITIES
Policies & Procedures:
- Adhere to all Zahrawi Policies & Procedures as applicable.
Inventory Planning:
- Analyze sales trends and customer demand to forecast inventory needs and ensure optimal stock levels across all product lines.
- Coordinate with the sales team to adjust inventory plans according to customer demand, promotional activities and product launches.
- Forecast supply and demand requirements to ensure cost-effective stock availability.
Inventory Management:
- Coordinate with the procurement team to maintain operational efficiency and cost-effectiveness related to inventory orders.
- Coordinate with the warehouse team to optimize inventory turnover and minimize overstocking.
- Support stock arrangements and perpetual inventory checking.
- Utilize inventory management tools to track stock movements, generate reports, and provide data analyses for decision-making.
- Develop strategic approach to inventory management that would be aligned with the Zahrawi’s goals to achieve financial targets and maintain customer satisfaction through timely product availability.
- Manage relationships with suppliers to achieve favorable conditions related to minimum order quantities and inventory delivery schedules.
- Perform regular inventory audits and reconciliations to identify discrepancies and take corrective actions to resolve issues and improve inventory level accuracy.
- Develop and implement inventory control procedures and policies to maintain accurate stock levels and minimize overstocking.
Reporting & Analysis:
- Prepare periodic reports related to inventory levels across all product lines.
- Record inventory levels and discrepancies, identify inventory losses, surplus and shortages.
- Calculate inventory statistics and analyze data to optimize the inventory management system.
- Maintain updated inventory data for useful reporting.
- Conduct monthly meetings with all business unit teams and report expiry / near expiry and collect liquidation plans.
- Map liquidation plans progress % and report to the team to ensure that the planned liquidation is met.
- Brief business leaders about the inventory levels and liquidation plans progress.
RESPONSIBILITIES
- Educational Qualifications: Bachelor's Degree
- Experience: 2+ years as applicable related to the field.
- Job Skills: Ms. Office Skills (Excel formulas, Pivot) Advanced user Excel and preferably BI expert.
- Additional Details: Candidate will be based in Dubai and will be covering across the group regions (UAE, KSA, Qatar, Oman & Bahrain).