Inventory Planner

Job description

Key Responsibilities

• Manage inventory levels to ensure optimal stock availability while minimizing excess inventory.
• Monitor, analyze, and maintain inventory accuracy using ERP systems.
• Support parts sales activities by ensuring timely availability of critical SPM Oil & Gas components.
• Develop and maintain forecasting and demand planning models to support business requirements.
• Identify stock shortages, excess inventory, and supply risks, implementing corrective actions as required.
• Generate inventory reports and provide recommendations to improve stock control and inventory performance.
• Coordinate with supply chain, procurement, warehousing, and operations teams to ensure efficient inventory replenishment.
• Investigate inventory discrepancies and drive root cause analyses to prevent recurrence.
• Ensure compliance with internal inventory control procedures and best practices.
• Communicate inventory status, risks, and recommendations to key stakeholders.
• Travel to multiple customer and operational sites as required.
• Desired Outcomes
• Success in this role will be demonstrated through improved inventory visibility and control, reduced stock shortages and stock-outs, and enhanced forecast accuracy. The Inventory Planner will contribute to increased parts availability, supporting customer demand and revenue growth, while also improving inventory data integrity and ERP accuracy. Strong cross-functional collaboration with sales, operations, and supply chain teams is essential.

Qualifications and Experience

• Minimum 4 years of experience in inventory planning or a related field.
• Proficiency in inventory planning, forecasting, and demand management.
• Experience with ERP-driven inventory control systems.
• Ability to analyze inventory data and provide actionable recommendations.

Work Environment

• This is an office-based position requiring attendance 5 days a week in Riyadh, KSA. The role may require travel to various customer and operational sites.