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Inventory Controller

2.00 to 4.00 Years   Kuwait   14 Feb, 2022
Job LocationKuwait
EducationCertification / diploma
SalaryNot Mentioned
IndustryHeavy Industry & Metallurgy; Mechanical Engineering; Automotive Repair, Spare Parts, & Support Services
Functional AreaNot Mentioned

Job Description

Responsibilities:Involves planning of spare parts as part of supply chain management , purchases and stock management based on sales for forecast and previous history. The Job requires analyses of current stock in spare parts and wide exposure in the industry of heavy & industrial Machinery.The role needs wide exposure in the industry of heavy machineries equipment spare parts and aftermarket data , experiance in details of parts and catalogues studies and orders related to wheel loader , excavator , forklifts , trucks , earthmoving equipments and other industrial or automotive equipments is needed.Effectively forecast & plan the inventory to keep the holding cost at the lowest level and increase the return.

  • Analysis cost of parts , prepare costing sheets and updates
  • Handle Custom clearance , purchasing and sales promotion
  • Logistics , shipping , invoicing and LCs communications
  • Run inventory reports on daily and monthly basis and perform detailed analysis of parts performance.
  • Improve the inventory management arrangements and control movement of parts stock and generate reports..
  • Watch & control demand verses supply on terms of Spare parts , Manufacture requirements verses market requirements
  • Analyze purchasing strategy for the organization by maintain consumable stock and dividing fast moving verses slow movement stock or the demand verses supply trends
  • Identify high and low turn inventory items and maintain communication reports for sales team.
  • Supervise visual validation process of received parts to comply with description, package and quantity reflected in the original supplier invoice.
  • Update the stock of received parts shipment into in-house Database Management System
  • Monitor the measures to deal with existing inventory and take the necessary steps to minimize the accumulation of non-moving inventory.
  • Analyze the daily movement of the inventory and prepare purchase orders accordingly.
  • Follow up on back orders.
  • Ensure keeping safety stock standards and plan the purchase orders to minimize the cost of purchase.
  • Prepare purchase order from required vendors , manufactures and handle different procurement activities

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