
Parts Inventory Manager
6 days ago
This automotive parts management position oversees inventory, procurement, and warehouse operations.
It ensures workshop efficiency by managing stock levels, sourcing quality parts, and optimizing inventory processes.
Core Responsibilities:Inventory Management- Monitor inventory levels to maintain an optimal stock turnover rate.
- Forecast demand to ensure appropriate stock levels.
- Review slow-moving inventory and suggest strategies to optimize stock turnover.
- Plan and oversee parts procurement from suppliers to ensure timely replenishment.
- Monitor shipment schedules and lead times, following up to avoid delays in stock availability.
- Source new suppliers offering competitive pricing and high-quality parts.
- Conduct market research on parts pricing and supplier networks to ensure cost efficiency.
- Ensure accurate receipt, recording, and storage of incoming parts.
- Oversee the issuance of parts to mechanics with minimal wait time.
- Maintain accurate stock records and update the inventory management system in a timely manner.
- Implement pre-picking strategies to prepare parts in advance and reduce waiting times.
- Collaborate with the workshop team to ensure mechanics have the necessary parts for repairs and servicing.
- Supervise and train warehouse personnel to ensure smooth daily operations.
- Evaluate existing workflows and recommend process improvements to enhance efficiency.
- Adhere to good housekeeping practices and safety regulations.
- Ensure accurate pricing and timely updates of cost and retail pricing in the system.
- Regularly review and adjust profit margins based on market conditions.
- Process supplier invoices promptly and submit them to Finance in a timely manner.
- Conduct regular stock audits to ensure inventory accuracy and prevent discrepancies.
Requirements:
- Degree holder with at least 5 years of experience in automotive parts management.
- Strong knowledge of vehicle spare parts, inventory management systems, and pricing procedures.
- Effective in sourcing light vehicle spare parts from local and overseas suppliers.
- Strong leadership and organizational skills, with experience managing a team.
- Proficient in inventory software and Microsoft Office (Excel in particular).
- Excellent communication and negotiation skills to liaise with suppliers and internal teams.
- Detail-oriented, proactive, and able to work in a fast-paced environment.
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