Assistant Inventory Manager
CurrentNew Model & Premium Model parts planning:* Planning initial stock for all new models/ Facelifts and derivates across the HYUNDAI, KIA and GENESIS* Preparation of Initial dealer kit to enable Distributors to identify and to order all essential parts before vehicle launch* Review and identify stocking parts based on comparable model demand history for given new model to ensure optimal MOS before receiving initial orders* Plan safety stocking for GENESIS non demanded parts monthly based on UIO data from Korea HQ* Policy stocking for Hybrid/ EV parts based on set criteria* Strive for continuous improvement to offer better Fill rates and Service rates for DistributorsRegular stock planning and Purchase Management:* Review Weekly Purchase Order using DRP and plan stock for all fast, medium and slow moving categories of parts based on Distributor demand and seasonal changes* Daily Purchase order review of all Emergency and Vehicle Off Road (VOR) orders and placement of Air orders to respective suppliers and follow up for Air shipments from Invoicing to On Dock with a view of reducing supply lead times wherever possible* Rigorous follow up with vendor to clear pending Back orders and conduct supply lead time analysis periodically to identify problem areas and iron them outInter PDC Stock transfers and Stock health Management:* Managing Excess stock by identifying high MOS parts and selling them to other Subsidiaries* Identification of low stock items with foreseeable supply delays and purchase them other subsidiaries based on their excess stock list* Scrap reviews and stock health analyses to reduce dead stockDistributor training and support:* Analyze Distributor stock and ordering patterns to identify any gaps in planning * Conduct training for Distributor personnel periodicallyInventory Analyses and Reports* Assist Department heads in preparation of yearly Business plan* Manage multiple KPI reports and essential MIS