Job Description

Job Purpose: You will be responsible for overseeing the spare part planning, procurement and inventory management for Qdigi. Roles and Responsibilities: Analyze historical data, seasonal trends, and equipment usage patterns to forecast demand and maintain optimal stock levels of spare parts, minimizing both stockouts and overstock. Ensure effective vendor development; identify and qualify potential vendors, and select the best ones based on price, quality, and other factors. Negotiate contracts with them. Build and maintain relationships with different vendors, and ensuring vendor compliance Liaise with vendors for timely procurement of spare parts required for the business Conduct cost benefit analysis to ensure optimum cost of spare parts procurement Ensure accurate spare part inventory records are maintained Manage, track and document spare parts movement Monitor store activities - inward/outward through the system Track and meet KPIs for inventory control Report on inventory activities and variances Define inventory policy and stocking norms in close coordination with business and finance teams Develop an inventory tracking system to streamline business operations and effective usage of spare parts Create SOP for vendor onboarding and ensure implementation of the same Keep track of the latest trends and technology in the inventory control spectrum and stay up to date with the same Desired candidate profile: 8+ years of experience in inventory management and procurement Must have experience in white goods/consumer electronics inventory management Proven track record in data management Strong analytical and interpersonal skills Excellent written and oral communication skills Should have experience of managing and handling team Should be able to identify root cause of problems, think laterally and offer solutions Should have good decision-making skills