Devise ways to optimize inventory control procedures and inspect the levels of business supplies and raw material to identify shortages
Ensure product stock is adequate for all distribution channels and can cover direct demand from customers
Record daily deliveries and shipments to reconcile inventory
Use software to monitor demand and document characteristics of inventory
Place orders to replenish stock avoiding insufficiencies or excessive surplus
Analyze data to anticipate future needs and evaluate suppliers to achieve cost-effective deals and maintain trust relationships
Collaborate with warehouse employees and other staff to ensure business goals are met
Report to upper management on stock levels, issues etc. Ensures availability of stock at all time (on his product stand/section)
Prepares and keep effective daily records of stock movement
Ensures every stock movement and transaction are recorded using the database
Plan and coordinate daily physical stock count.
Organize and maintain inventory and storage area
Ensure shipments’ and inventory transactions’ accuracy.
Ensure that the quantity of SKUs given out / received corresponds with the quantity on the invoice/waybill ( And record on his Bin Card instantly )
Forecast supply and demand to prevent overstocking and running out-of-stock (OOS)
Place orders to replenish needed SKU’s and Oversee the storage of products, particularly fragile items
Coordinate regular inventory audits
Keep updated inventory records (including daily shipments). Ensure a minimal level of product damage and report damaged products immediately.
Make suggestions for productivity improvements. To have tight control over receivables and distribution of stocks with effective reconciliation w.r.t. stocks in accounts as well the accounts in every depot or distributors warehouse.
To coordinate with internal and external parties at the appropriate levels to ensure a smooth flow of interaction and transaction.
To monitor stock inventories and report re-order level for the product as well as packaging.
Effective management of performance, conduct, absence, engagement and training and development of team members, holding people accountable to agreed departmental and company standards.
Monitor KPI's, identify and communicate associated actions and highlight areas for improvement
Basis managerial responsibility such as Return to works, appraisals, absence management
Reporting - To prepare all applicable reports in time for accuracy and in order to ensure that they match the functional requirements, policies and standards
Bachelor’s degree or HND in Business or related field a plus
3-year experience as an inventory manager, receiver, or related position
Proven experience as inventory manager or similar position
Excellent knowledge of data analysis and forecasting methods
Working knowledge of inventory management software (e.g. ERP)
Ability to accurately track inventory and create reports
An analytical mind with strong math skills