Group Inventory Analyst

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).