Farrukh Latif Mohammad Abdul Latif, Inventory Planner

Farrukh Latif Mohammad Abdul Latif

Inventory Planner

Dr. Sulaiman Al-Habib Medical Group

Location
Saudi Arabia - Riyadh
Education
Master's degree, Supply Chain Management
Experience
19 years, 9 Months

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Work Experience

Total years of experience :19 years, 9 Months

Inventory Planner at Dr. Sulaiman Al-Habib Medical Group
  • Saudi Arabia - Riyadh
  • My current job since November 2013

Provide strategic support & guidelines for inventory planning according to the business requirement.
• Manage inventory planning process for a large base of domestic & overseas suppliers.
• Liaise with senior management on a regular basis for reporting the state of inventory as well as for future business direction.
• Highlighting & addressing inventory issues that could affect the business.
• Regularly review approaches to ensure process and system improvements are explored effectively.
• Management & Coaching of planning team to ensure full understanding of their category in-line with overall departmental and group strategy including on-time PR placement, expediting inbound shipments and managing supplier lead-times.
• Managing performance effectively through matrices by setting objectives, development plans and robust follow-up activity.
• Build solid relation with purchasing by undergoing right stock level replenishment, peaks, seasonality, criticality, lead times, financial concerns and quality issues & returns throughout the year.
• Manage activities necessary for both short & long term planning cycles according to the financial perspective.
• Establish, maintain and assess inventory turnover & service level goals according to the storage capacity, safety stock levels, min/max levels, movement analysis, purchasing vendor criteria and market trends.
• Forecasting process development, implementation and monitoring.
• Oversee new project opening requirement and establish planning process into replenishment cycle.
• Manage inventory models ensuring that we have right product in our project centers.
• Manage obsolete inventory and make recommendations for liquidation/returns to supplier(s) enable to recover blockage cost & space in distribution center
• Establish SLA & execute with all internal & external customers.

Production Planner at Procter & Gamble
  • Pakistan - Karachi
  • June 2012 to June 2013

Daily, Short-term & Long-term product availability plans to meet S&OP (Sales & Operating Plan), ensuring 100% availability at Distribution Center against demand forecast.
 Leading Monthly Supply Reviews & develop Production / Distribution strategies to remove capacity constraints via RCCP (Rough Cut Capacity Planning) Tool
 Demand Forecast Analysis & collaborate with Marketing team on Weekly Distribution Requirement plans.
 Collaborate with Operations team to meet SAP based Master Production Scheduling Performance (MPSP)
 Collaborate with Material Planning team via MRP (Material Requirement Planning) tool to ensure raw & pack material availability & resolve constraints (if any).
 Use DUIT (Drive Unhealthy Inventory Out Tool) to identify non-performing inventories (NPI) & develop action plan to ensure NPI < 5% of total Inventory
 Use HIT (Historical Inventory Trend) Graph to identify inventory reduction opportunities/action plans.
 Using Finished Production Inventory Model to define right level of Safety Stocks at Distribution Centers.
 SAP Master Data management & Audits for MRP Parameters, Bill of Materials, Recipe & Production Version

Material Supply Planner at Procter & Gamble (P&G)
  • Pakistan - Karachi
  • June 2009 to May 2012

MATERIALS SUPPLY MANAGEMENT:

Responsible for strong & cost efficient in-bound Supply Chain Design, Logistics, Operations, Option Analysis & Improvement for all Imported and Local Raw & Packaging Materials in deep collaboration with all suppliers & internal departments like Buyers, Operations, Warehousing, Finance, & Regional Technical Support Team. Involved in developing and renewing supplier’s Service Level Execution Agreements.

•Materials Planning & Forecasting:
- Lead materials planning area, manage supply with minimize cost/capital investment.
- Communicate long term material requirement plans to suppliers and resolves conflicts.
- Ensure zero run-outs & Identify critical material supply constraints & develop action plans accordingly.

•Inventory Forecasting & Management:
- Running site ‘Material Inventory Model’ & manages Safety Stocks, Cycle Stocks & Maximum Stocks.
- Non Performing Inventory (discontinued obsolete & rejected material).
- Manage within Inventory Window and days of cover in order to avoid of working capital.

•Initiatives Management:
- Ensure excellence in execution & on time delivery of all approved initiatives through a disciplined Initiative Management Process.
- Ensure minimal remnants with smooth soft & hard phase-in and out process.

•Order Management:
- Share Daily/Weekly delivery schedule to qualified suppliers for timely deliveries.
- Follow up with the supplier; to ensure required materials are produced on time.

•Reviews:
- Weekly MRP & MPS review with planner to ensure smooth supply chain & operation.
- Weekly review with MSM leader on Supplier Performance & issues.
- Weekly review with inventory owner on inventory targets along with gap analysis.
- Weekly attend supply network loss analysis meeting & give cost saving ideas.

Marketing Executive at Master Motor Corporation Ltd
  • Pakistan - Karachi
  • May 2006 to May 2009

Worked as “Marketing Executive” in “Marketing Department”
Reporting to Deputy General Manager - Marketing & Sales.

Job Responsibilities:

Organize Exhibitions:
International Trade & Industry Fair Asia (ITIF) - 2007
Pakistan Autoparts Show (PAPS) - 2007
MEL Dealer Conference - 2007
Conducted Road Show to display MMC products to potential customers & potential areas of Karachi.
Follow up with Advertising Agency for Designing Ads, Flyer, Manual, Poster Banners, and Hoardings etc.
Photo shot of MMC Product as required by management.
Working on Web site development with web site developer.
Managing & Ordering Giveaways, Letter Heads, Envelopes, Flyers, Calendars, and Diaries etc
 Compile news paper Ads responses from Dealers.
 Follow up with Dealers, Advertising Agency, Printer, Digital Printers, & Finance for Vendors Payments.

Assistant in “Banking Department” at Dadabhoy Cement Industries Limited
  • Pakistan - Karachi
  • July 2005 to May 2006

Worked as “Assistant” in “Banking Department”
Reporting to Deputy General Manager.

 Maintain High degree of accuracy / quality / confidentiality to ensure smooth and timely workflow in the performance of daily duties.
 Independently handle routine / general matters.
 Make Monthly Management Information Report.
 Maintaining records of lease / finance vehicles.
 Issuing Post Dated Cheque to banks / leasing companies.
 Liaison with bankers for day-to-day troubleshooting.

Coordinator ” in “Consumer Auto Division” at ORIX Leasing Pakistan Ltd
  • Pakistan - Karachi
  • May 2004 to June 2005

Worked as “Coordinator” in “Consumer Auto Division” (May-2004 ~ June-2005)
Reporting to Team Leader.

Job Responsibilities:

Liaison with customers for day-to-day troubleshooting.
Making Auto Lease Proposal / Process leasing files for disbursement.
Financial Calculations of different methods.
Generate Leads for sales staff and make client profile.
Make Monthly Execution Report and follow-up of overdue rentals & update Call Centre Daily Report.
Reconciliation of PIA Accounts Quarterly.
Maintaining record of Tracker Installation, posted Dated Cheque & Excise File.

Education

Master's degree, Supply Chain Management
  • at Iqra University
  • February 2012

Awards: - Achieve Regional Award (Mar-10): Successfully delivered fast track initiative Project “Pakistan Sizing Fundamentals” on time with excellence - Achieve Pearl Award (Oct-10): Recorded Lowest Remnants on new Initiative Project. Projects: - “Minimum Order Quantity”: Change MOQ of Raw & Packaging Materials save $30,000 per annum. - “Sourcing Change”: Sticker supplier change which saves $50,000 per annum. - “Initiative Project”: Lead Downsizing, Regulatory Artwork & Sales Tax change Artwork Initiatives & manage phase-in and out efficiently & effectively with minimal remnants. - “Pallet Optimization”: Lead pallet optimization project which enhance warehouse capacity by 13%. - “Supplier Managed Inventory (SMI)”: Lead SMI project with local supplier and executed successfully.

Bachelor's degree, Computer Science
  • at Newport Institute of Communication Economics
  • December 2004
High school or equivalent, Higher Secondary Certification in Pre-Engineering
  • at Govt. Dehli College
  • June 2000

Specialties & Skills

Supply Chain Management
SAP R/3
Production Planning
Inventory Management
Supply Chain