Inventory Control Executive

Full Time

Al Futtaim Private Company LLC

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate

Job Role:
We are seeking an experienced Parts Inventory Control Executive to join our FAMCO team in Dubai. The primary objective of this role is to ensure the availability and swift supply of parts related to the assigned franchises. This involves maintaining stock values and obsolescence within specified limits, all under the guidance of the Parts Product Manager.

Job Responsibility:
Scrutinize computer-generated order proposals, making necessary amendments in consultation with the Inventory Control Manager.
Monitor and establish appropriate system parameters in collaboration with the Inventory Control Manager.

Parts Availability:
Review back-order reports, liaising with principals to expedite early deliveries.
Analyze daily critical reports and take prompt action.

Management of Customer Orders:
Follow up on back orders with principals for early allocation.
Expedite goods in transit with logistics service providers for speedy delivery.
Process customer orders in a timely manner.
Obtain expected arrival dates and communicate with sales personnel for customer feedback.

Stock Aging and Obsolescence Control:
Regularly process dead stock reports to maintain a healthy inventory.
Expedite buy-backs of non-moving parts with principals.
Monitor the sales of parts in sales-order stock to prevent non-movement.
Review stock aging reports to expedite the sales of slow-moving parts.

Management of Logistics Costs:
Consolidate customer orders effectively to reduce the number of consignments.
Minimize import costs by utilizing cost-effective means of transport.
Identify and engage logistics service providers offering competitive rates.

Claims Management:
Expedite claims with principals to ensure timely reimbursement, supported by appropriate evidence to minimize rejections.
Process claims promptly to reduce claims in process.

Data Management:
Update supplier prices regularly to ensure the system reflects the current purchase price.
Ensure accurate article master data through timely updates.

Required skills to be successful:
Team Player: Ability to work collaboratively with logistics service providers, sales teams, and principals.
Proactive Management: Take initiatives to expedite processes, such as claims and back orders, ensuring timely resolution.
Adaptability: Ability to adapt to changing logistics and market conditions.
Organizational Skills: Ability to efficiently manage and organize parts inventory.
Communication: Clear communication skills for effective collaboration with team members and principals.
Attention to Detail: A keen eye for detail to manage stock aging, claims, and data accuracy.
Problem-Solving: Proactive approach to address challenges and find practical solutions.
Technical Proficiency: Understanding of engineering principles, especially related to the products in focus.

About the team:
The FAMCO team is dedicated to precision in parts management. We are a cohesive unit dedicated to operational excellence, emphasizing teamwork, innovation, and goal achievement. Join us in an environment that values professionalism and offers opportunities for growth.

What equips you for the role:
Problem-Solving Skills: Proven ability to address challenges and find practical solutions.
Detail-Oriented: Keen attention to detail, ensuring accuracy in parts management processes.
Engineering Degree: Possessing a solid educational foundation in engineering.
Hands-on Parts Management Experience: Demonstrated practical experience in effectively managing parts.
Technical Proficiency: In-depth understanding of engineering principles, specifically related to the products relevant to this role.