Group Inventory Analyst - Zahrawi Medical

About Zahrawi Group

Zahrawi Group is a leading company in the GCC Healthcare Industry with its presence in UAE, KSA, Qatar, Bahrain, & Oman markets. The company supplies and distributes high-quality products and services to Hospitals, Clinics, Laboratories, & Analytical Industries.

job Brief

The incumbent is accountable to ensure that inventory levels are maintained efficiently that aligns with the demand forecast and business goals.

Accountabilities

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).
  
  

Location: UAE - Dubai

Job Type: FULLTIME

Job Posting Date: 12-05-2024

Division/Department: Procurement and Logistics

This job has been sourced from an external job board.

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