Procurement & Inventory Forecaster

Job Description

REQUIREMENTS

• Strong knowledge of demand forecasting and inventory planning
• Experience in procurement, supply chain, or inventory control
• Good understanding of stock turnover ratios and inventory KPIs
• Ability to analyze pricing trends and negotiate with suppliers
• Experience handling overseas suppliers and international lead times
• Proficient in ERP systems (ODOO experience preferred) and Excel
• Detail-oriented, analytical, and process-driven mindset
• Experience in industrial, manufacturing, or trading environment is a plus

RESPONSIBILITIES

• Forecast purchase requirements by analyzing sales data, stock movement, historical demand, and upcoming sales requirements.
• Prepare purchase orders based on shipment size, budget, stock requirement, and container planning, including LCL, 20HQ, 40HQ, and 40FT shipments.
• Ensure product availability at all times and avoid out-of-stock situations through proper stock planning and reorder monitoring.
• Regularly compare physical stock with system stock and coordinate with warehouse teams to resolve stock mismatches.
• Maintain a healthy stock turnover ratio by avoiding overstocking, dead stock, and slow-moving inventory buildup.
• Coordinate daily with local and international vendors for pricing, availability, order status, production timelines, and dispatch schedules.
• Verify supplier quotations, prices, quantities, product codes, and order confirmations before finalizing purchase orders.
• Coordinate with clearing agents, freight forwarders, shipping lines, and logistics partners for import shipments.
• Track shipment movement from supplier dispatch until warehouse receipt.
• Follow up for shipping documents including invoice, packing list, BL/AWB, COO, and other required import documents.
• Coordinate with accounts, warehouse, sales, and management for smooth purchase and import operations.
• Prepare regular reports on stock availability, pending orders, incoming shipments, slow-moving stock, and supplier performance.
• Maintain proper records of purchase orders, vendor communication, shipment documents, and pricing updates.

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