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Supply & Inventory Planner at Al Futtaim
Dubai, United Arab Emirates
Job Descrption
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.
Overview of the role:
The Supply & Inventory Planner is part of the inventory control team in... Global Aftersales for Al Futtaim Automotive. The team is responsible for balancing the inventory cost with service level as per business recommendation.
The Supply & Inventory Planner is responsible for purchasing inventory parts from respective vendors for the Global Aftersales division. This is achieved by periodic release of purchase orders to assigned vendors based on sales trends, forecasts, market information, and business recommendations. The purpose of the role is to improve stock turnover by reducing the risk of excess and obsolete stock.
What you will do:
Supply Planning and Procurement:
• Daily, weekly, or monthly purchase orders processing.
• Ensure orders are transmitted to suppliers and confirmation is received.
• Ensure orders are dispatched within the agreed lead time.
• Monitor and follow up on back orders.
• Communicate to suppliers about changes in forecast.
• Prepare the budget as per order schedule and business recommendation.
• Ensure stock availability by performing risk of run out analysis and ordering.
• New model parts planning and ordering.
• Obtain approvals as per delegation of authority.
Stock Optimization:
• Review inventory policy and target service levels.
• Continuous monitoring of aged stock.
• Forecasting of stock provision.
• Initiate and follow up dead stock disposal.
• Monitor and review excess and obsolete stock parts.
Logistics operations:
• Create advance shipping notifications according to supplier invoices in a timely manner.
• Provide data support with logistics to control the inbounds and clearing documents on time.
• Monitor cost charges within the agreed terms and conditions.
• Manage logistics payments and update finance with relevant reports for payment clearance.
• Follow up with Finance for payments.
• Arrange/Renew Letters of Credit.
• Customs claim registration and payments.
• Arrange ESMA/RFID approvals.
• Declaration of cargoes for insurance.
Continuous Improvement & Business Intelligence:
• Create dashboards for monitoring processes.
• Perform kaizens and projects to reduce operational costs.
• Take necessary actions/advice for effective inventory control.
• Escalate cases with necessary information if the process is not under control.
System Utilization:
• Continuous review of system parameters for improving service level.
• Review system alerts (e.g., last demand flier, lead time, demand change alerts, forecast alerts).
• Review risk of run out.
• Master processes and apply as per business needs to improve efficiency and productivity.
Required skills to be successful:
• Skilled in problem solving and continuous improvement methodologies.
• Understanding of agile way of working.
• Proficiency in MS Office.
About The Team:
The role reports to Operations Manager, and you will be working in a busy warehouse environment.
What Equips You For The Role:
• Around 5 years of experience in the field of Supply Chain, preferably with Automotive experience.
• Extensive knowledge of inventory management systems, business development, and process improvement skills.
About Al-Futtaim Automotive:
A major division of the UAE-based Al-Futtaim Group of companies, Al-Futtaim Automotive is an industry leader with a presence in 10 countries across the Middle East, Asia, and Africa. Our core business activities include distribution, manufacturing, leasing, and aftersales, and we are firmly established as the regional representative of some of the world’s most iconic automotive brands: Toyota, Lexus, Honda, Jeep, Chrysler, Dodge, Volvo, and RAM. We are driven by a customer-centric approach, constantly pushing the boundaries on innovation, quality standards, and value-added service across our vast universe of customers - from motoring enthusiasts to fleet operators to contractors. Our mission is to become the leader in custom-made mobility solutions by delivering nothing less than world-class omni-channel experiences. What keeps the company moving forward is a 9000-member strong team, with inspiring possibilities for growth throughout the career path. This is Al-Futtaim Automotive, and we empower talent to move forward.
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