Inventory Manager

Financial Job Dimensions

Degree of supervision

Level of Authority

Purpose of the Job

Key Accountabilities: Description

• Inventory KPI’s Stock Month

• GDI/Engagement Survey

• Safety and Health measures

• Inventory KPI’s Service Rate

Key Accountabilities: Performance Indicators

• 5.5 TSM 85% 100% 98%

Major Activities

1. Execute the strategic plan in the improvement of the service rate, stock month and supply of materials at the targeted level to enhance the Parts GDI by ensuring the parts availability at all times

2. Support the planning and the execution of the department strategy and the annual action plan to synchronize the processes to achieve the department targets of stock availability, cost optimization and revenue enhancement

3. Monitor the service level, stock month, procurement & logistics cost to optimize and reduce the inventory cost by stabilizing inventory planning and operation to a manageable level to generate revenues

4. Coordinate high level communication with suppliers and other departments to establish a working relationship to promote the integration for other parties with Parts Business and support the implementation of sales strategies

5. Create a strong communication and negotiate with suppliers and service providers (TMC/TMAP/TPCAP/TMNA/TMCA/Daihatsu/Forklift/DHL/ALJT/NYK etc.) And maintain better working relationship which lead to maximum parts availability

6. Manage a manpower performance development and engagement programs to transfer the Know-How in inventory Management for the associates (including Centers & Dealers key persons) to be engaged, self-reliant and productive

7. Liaise with Sales and Marketing Department for smooth procurement forecast of parts, pricing and smooth sales operation for both normal and campaign sales

8. Collaborate with Warehouse Department for synchronized daily / monthly warehouse operations and in the conduct of the annual stock taking

9. Coordinate with Supply Chain related parties for a synchronized inbound operation to assure parts availability with minimum logistics cost

10. Implement the strategies for the supply chain process and Kaizen plan activities (i.e. Stock reduction, tsumimashi, etc.) By reviewing and analyzing the stock position (micro-analysis), stock orders and seasonal stocking items on a regular basis (daily, weekly, monthly) to improve the service rate, stock month and stock efficiency

11. Oversee new projects that aim to transfer the know-how to our centers and dealers and improve the department KPI’s by monitoring the implementation on a regular basis

12. Supervise the continuous improvement of the Inventory Management Operation with a ‘dynamic’ relationship of IT Department for improving the stock service rate

13. Review the new model parts system, orders, and stock, service rate and campaign progress to reconcile monthly stock report and other inventory control KPI reports by liaising with related departments.

14. Planning the size of inventory required to meet the forecasted demand and maintain the strategic inventory level to support the sales plans (Income statement item).

15. Management and safeguarding the inventory level/amount as per demand plan, procurement, and logistics processes (Balance sheet item).

16. Manage and control the suppliers lcs (letter of credit) with a direct communication between treasury, finance, and suppliers.

Job Context

• The job requires basic Knowledge of principles and processes for providing customer and personal services

• The job requires basic knowledge of principles and methods for showing, promoting, and selling products or services

• The job requires advanced knowledge in inventory management & basic in warehouse management

• The job has direct impact over stock aging vehicles

Framework, Boundaries & Decision Making Authority

• The job holder has the freedom to select the best supplier based on history

• The job holder has the authority to approve/decline a supplier proposal

• The job holder is responsible in managing the LCS for the suppliers

Organizational / Functional Strategic Focus

• The job holder has a strategic role in developing and monitoring the team while developing a succession plan within the department

• The job has a crucial supportive role in planning and the execution of the department strategy and the annual action plan

• The job holder has a crucial role to ensure managing the activities of Inventory Operations and Distribution

Minimum Qualifications

Minimum Experience

Job-Specific Skills

• Time Management

• Management of Personnel Resources

• Monitoring and Implementation

• Active Learning

• Stress Tolerance

• Achievement/Effort

• Awareness and Problem-Solving Skill

Languages

Special Certifications / Membership

Competencies