Senior Specialist - Inventory Management

The Red Sea Development Company

Job Responsibilities :

• Collaborate with cross-functional teams to develop demand forecasts for all Centralized products.
• Analyze historical data, market trends, and customer demand patterns to generate accurate demand projections.
• Communicate demand forecasts for alignment with replenishment strategies.
• Execute order replenishment activities with precision, ensuring timely and accurate procurement.
• Monitor inventory levels and order points to facilitate replenishment orders that meet demand requirements.
• Coordinate closely with suppliers to optimize order processes and maintain efficiency of supply chain.
• Maintain meticulous records of material item files, ensuring data accuracy and consistency.
• Regularly update and verify product information, pricing, and specifications in procurement systems.
• 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.
• Monitor results of physical counts, accuracy checks, and compliance audits in accordance with policies and standards.
• 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.

Job Requirements :

• A bachelor's degree in supply chain, purchasing, business, commerce, or related degree.
• Knowledge of accounting/financial/operational principles.
• No less than 2+ years total experience, including 1-2 years of experience in Supply Chain, Logistics or other operational organizations.
• Experience in dynamic high-volume transactional environment
• Experience with SAP S/4 Hana and SAP Cloud Analytics (SAC) preferred.

Skills:

• Advanced Excel skills with the ability to visualize datasets with dashboards.
• Interpersonal and communication skills with the ability to interact with various levels
• Intermediate Microsoft Word, and PowerPoint skills
• Meticulous attention to detail and ability to successfully handle multiple competing priorities.
• Ability to analyzing, interpret and scrutiny of financial information.
• Should possess organizing capability and have a pleasing, get-going personality.