Inventory Analyst

Responsibilities:

• Monitor, track, and analyse inventory levels across all product categories and storage facilities.
• Conduct regular inventory reconciliations and ensure accuracy between physical and system records.
• Develop and implement effective inventory forecasting models to maintain optimal stock levels.
• Collaborate with procurement and supply chain teams to plan replenishment schedules and avoid stockouts or overstocking.
• Generate periodic inventory performance reports, highlighting variances, slow-moving, and near-expiry products.
• Ensure compliance with pharmaceutical regulations regarding product storage, handling, and recordkeeping.
• Review and optimise inventory management processes to improve accuracy, efficiency, and cost control.
• Support internal audits and assist with regulatory inspections when required.
• Coordinate with warehouse and logistics personnel to ensure timely distribution and replenishment.
• Utilise ERP or inventory management systems to update and analyse stock data.

Requirements:

• Bachelor’s degree in Supply Chain Management, Business Administration, Accounting, or a related field.
• 2–4 years of experience in inventory or supply chain management (preferably in the pharmaceutical sector).
• Strong analytical and numerical skills with proficiency in Excel and inventory management software.
• Excellent attention to detail and accuracy in data management.
• Sound understanding of pharmaceutical inventory regulations and best practices.
• Strong communication and problem-solving abilities.