Section Head, Inventory Management

1 week ago

Riyadh, Saudi Arabia Ma’aden Full time

**Accountabilities**:

- oversee the tracking of inventory movements, including receiving, storage, and distribution. This may involve utilizing inventory management software systems to keep accurate records of stock levels and transactions.
- Collaborate with other departments, such as sales and production, to forecast inventory needs based on historical data, market trends, and upcoming promotions or events. Develop inventory replenishment plans to ensure adequate stock levels.
- Analyze inventory data to identify trends, patterns, and areas for improvement. This may include identifying slow-moving or obsolete inventory, optimizing stock levels, and reducing carrying costs.
- Supervise and provide guidance to inventory staff, including inventory clerks and coordinators. Delegate tasks, set performance goals, and conduct regular performance evaluations.
- Ensure that inventory is stored, handled, and managed in accordance with company standards and industry regulations. Implement quality control measures to minimize loss, damage, or theft.
- Prepare and present regular reports on inventory performance, including stock levels, turnover rates, and accuracy. Communicate inventory-related insights and recommendations to management.
- Address inventory-related issues and discrepancies promptly. Investigate root causes of inventory discrepancies, such as shrinkage or overstocking, and implement corrective actions.

Identify opportunities to streamline inventory processes, improve efficiency, and reduce costs. Implement best practices and innovative solutions to optimize inventory management operations.

**QUALIFICATIONS & SKILLS:
**Qualification**:
Bachelor's degree in business administration.

**Skills**:
1 **. **Inventory Management
2. Analytical Skills
3. Leadership
4. Communication
5 Attention to Detail
6. Problem Solving

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