Overview of the role:
Supply & Inventory planner is part of 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.
Supply & Inventory planner is responsible for purchasing of inventory parts from respective vendors for Global aftersales division. This is achieved by periodic release of purchase orders to assigned vendors based on the sales trend, forecast, market information and business recommendations. The purpose of the role is to improve the stock turnover by reducing the risk of excess & Obsolete stock.
What you will do:
Supply Planning and Procurement
• Daily, weekly or month purchase orders processing
• Ensure orders are transmitted to supplier 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 of 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 the excess and obsolete stock parts
Logistics operations
• To create the Advance shipping notifications according to supplier invoices on timely manner
• To provide data support with logistics to control the inbounds and clearing documents on time
• Monitor cost charges within the aggreged terms and conditions
• Manage the logistics payments and update finance with relevant reports for payment clearance
• Follow up with Finance for payments
• Arrange/Renew Letter of Credits
• Customs claim registration & payments
• Arranging ESMA/RFID approvals
• Declaration of cargoes for insurance
Continuous improvement & Business Intelligence
• Creating dashboards for monitoring of process
• Perform kaizens and projects to reduce operational costs
• Taking necessary actions/ advise for effective inventory control
• Escalate the cases with necessary information if the process is not under control
System Utilisation
• Continuous review of system parameters for improving the service level
• Review of system Alerts, eg: last demand flier, lead time, demand change alerts, forecast alerts
• Review of Risk of Run out
• Mastering the processes and applying as per business needs to improve the efficiency and productivity
Required skills to be successful:
• Experience developing management reporting packs
• 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.
Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates. Structured into six divisions; automotive, retail, electronics, engineering and technology, real estate, financial services and general services, Al-Futtaim operates through more than 60 companies and maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. Employing in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Syria, Pakistan, Singapore and Europe, this approach benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work. The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.