
Inventory Control Specialist
2 days ago
Job Summary:
We are seeking a seasoned professional to oversee Warehousing & Inventory Control Management.
The ideal candidate will have extensive experience in sourcing, import, and inventory management, with a strong background in procurement practices and governance. They will be responsible for managing vendor partnerships, ensuring timely delivery of products/services, and preparing and publishing inventory reports on a daily basis.
- Purpose of Job
- The incumbent will support in banking device procurement, import along with Warehousing & Inventory Control Management.
- The role will require working and follow-ups with cross-functional stakeholders and external vendors.
- Evaluate multiple available products/services in the market to meet user requirements.
- Compare available goods/services with industry trends to determine appropriate pricing.
- Finalize vendor and cost through RFP process, considering user requirement and techno-commercial evaluation.
- Support User and Legal function for contract execution from SCM perspective.
- Responsible for handling end-to-end activities related to warehousing & Inventory Control Management for all banking products/devices.
- Coordinate with all relevant user functions on a regular basis to understand their requirements/demands and manage sufficient inventories for each product accordingly through proper planning and ordering management.
- Review existing contracts related to banking products, warehousing, and inventory control and maintain tracker & repository.
- Cost saving through existing contract negotiation with partner/agencies.
- Raise need of the agreement (as per contracting guideline) well in time and ensure renewal before expiry.
- Handling imports shipments end to end. Regular coordination with foreign partner, freight forwarder, CHA, and custom department for arranging material well in time, in view of user requirement.
- Engage with user functions to understand needs and resolve pain points related to purchase, warehousing & inventory, and Import.
- Coordinate with Operations to ensure vendor PO issuance and payment on time.
- Regular coordination with vendors to ensure timely delivery of ordered products/services and collecting inventory reports on a daily basis.
- Preparing and publishing Inventory reports for all products on a daily basis.
- Support in data analysis for preparing the monthly procurement reports.
- Stay up-to-date on industry trends and new products.
- Manage vendor partnerships to ensure products and services are provided with competitive pricing and in a timely manner.
- At least 10-12 years of strong experience in Sourcing, Import, and warehousing & Inventory control management.
- Knowledge of procurement practices and governance.
- Experience in collecting and analyzing procurement data.
- MBA or equivalent qualifications.
- Ability to manage time effectively in a high-paced dynamic environment and capable of prioritizing workload to meet scheduling demands and timelines.
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