Regional Inventory Manager

Our client is a multinational firm that provides mechanical technologies and services within the mining sector across the globe.

Scope

The Regional Inventory Manager will be primarily work within supply chain, sales and drilling service operations to develop stocking strategies to balance customer satisfaction and inventory utilization, collect data, define problems, establish facts and reports, and draw valid conclusions and serve as a liaison between sales organization, drilling operations and fulfillment.  

Key Responsibilities

• Participate in forecasting processes.  
• Generate both long and short-term demand plan through analysis and collaboration with the sales, marketing and drilling operations teams.
• Review issues and email requests regarding demand/orders, work with sales to adjust if necessary and capture changes as required in demand planning software.
• Analysing, reporting and improving forecast accuracy both at the detail and aggregate level.
• Establish regular trend analysis review to challenge and improve forecast accuracy.
• Communicate regularly with account managers, sales people, and administration personnel to understand sales programs, customer expectations and forecast validations.
• Liaise regularly with necessary bodies in charge of operations to understand internal demand, programs, projects etc.
• Develop, monitor, and report performance metrics, reports, and dashboard to drive improvement plans or corrective actions.
• Generate monthly, quarterly, and yearly reports & metrics and respond to custom reports & queries to find root-cause and propose solutions.
• Optimize inventory levels using statistical models to design reorder volumes.
• Engage with Supply Chain, Sales teams etc regularly to identify, coordinate, and resolve supply chain or capacity issues.

Requirements

• A Bachelor’s degree in Business Administration, Logistics or relevant field; a Masters’ Degree in related subjects will be a plus
• Minimum of six (6) years working experience in inventory management or in relevant roles.
• Strong statistical, accounting/business analytics, or mathematics background.
• Experience with inventory management systems (e.g. ERP) and demand planning software is mandatory. 
• Excellent knowledge of data analysis, inventory management and forecasting methods.
• Advanced knowledge in MS Office suite, particularly MS Excel.
• Ability to interpret and summarize complex and large data sets and generate actionable reports.
• Strong analytical mind and keen attention to details
• Excellent organizational and planning skills
• Excellent communication and interpersonal abilities
• Excellent time management skills