Inventory Optimization Specialist
1 day ago
About Yulu
As a leading shared electric mobility technology player, Yulu is dedicated to making mobility accessible, affordable, environmentally sustainable and inclusive. Over the past five years, we have created a strong positive impact in several cities thanks to our smart vehicles, robust technology stack, and deep stakeholder partnerships.
We are excited to welcome people with high integrity, commitment, the ability to collaborate and take ownership, high curiosity and an appetite for taking intelligent risks. If our mission brings a spark into your eyes, come and join our team that's committed to transforming how people commute, work and explore their cities.
Stay updated on the latest news from Yulu at our website.
Job Description
As an Inventory Optimization Specialist, you will be responsible for managing inventory levels, analyzing data to forecast demand, and developing efficient strategies for inventory control. You'll work closely with the operations and supply chain teams to ensure a seamless flow of goods, minimize waste, and optimize stock levels.
Key Responsibilities
- Inventory Management: Oversee and monitor inventory levels, reorder points, and stock availability to ensure demand is met without excess stock. Implement and refine inventory control processes.
- Data Analysis & Reporting: Use data analytics tools to create dynamic and static dashboards for inventory monitoring. Generate reports on inventory metrics and provide actionable insights.
- Forecasting & Modelling: Utilize data analytics and modeling to predict future inventory needs based on historical data and market trends.
- Inventory Optimization: Identify opportunities for cost savings and inventory reduction. Implement strategies to optimize inventory turnover and reduce holding costs.
- Process Improvement: Recommend and implement process improvements in inventory management and control to drive operational efficiencies.
- Collaboration with Supply Chain Teams: Work closely with procurement, logistics, and warehouse teams to maintain a smooth supply chain and mitigate any potential disruptions.
Required Skills & Qualifications
- Experience: 3-4 years of relevant experience in inventory analysis or a related field, preferably in the automotive or EV sector.
- Technical Proficiency: Advanced Excel: Expertise in Excel is a must, including functions, macros, pivot tables, and complex data analysis.
- Data Analytics & Modeling: Proficiency in developing and managing dynamic/static dashboards to track inventory metrics.
- Python and SQL (Advantage): Basic to intermediate knowledge of Python and SQL to perform data extraction and analysis is a plus.
- Inventory & Supply Chain Knowledge: Strong understanding of inventory management practices and supply chain principles, including demand forecasting, reorder point calculations, and lean inventory techniques.
- Analytical Skills: Ability to interpret complex data sets, identify trends, and make data-driven decisions to optimize inventory processes.
- Problem Solving & Decision-Making: Strong problem-solving skills, with the ability to make effective decisions under pressure and recommend improvements.
Estimated Salary Range: ₹800,000 - ₹1,200,000 per annum.
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