Inventory Control Manager
Responsibilities
- Develop, implement and validate procedures, controls and systems that prevent, detect and correct errors in inventory transactions and balances
- Design and generate appropriate reporting to track inventory accuracy, shrink compliance, and variance root cause trends
- Maintain thorough knowledge of internal and customer systems in order to provide extensive support to operational team as well as the customer for inventory and production related issues
- Measure quality, inventory integrity, and accuracy while providing proactive feedback to the operations management team
- Plan for and identify root causes of inventory deviation, via cause and effect analysis.
- Apply continuous improvement initiatives to drive process, inventory accuracy, compliance, on-time completion, within budget, documented results.
- Review and analyze customer complaints and process defect data, followed by development of corresponding action plans to reduce future incidents.
- Ensure proper identification and repackaging of damaged product with regard to disposal or the return to inventory as damaged merchandise.
- Develop labour plans and equipment needs budget for review with site leadership.
- Perform stock counts and ensure all inventory is accounted for and reported according to company policy.
- Manage cycle counts of product inventories on a regular basis.
- Maintain adequate inventory levels to meet customer demand.
- Investigate and correct discrepancies in reported quantities and locations of all inventories.
- Assess inventory output on a daily, weekly, or monthly basis to identify trends in productivity.
- Lead others in safe work practices, especially when in a distribution centre environment
- Monitor delivery schedule and customer orders.
- Place and receive orders in a timely and accurate manner.
- Notify the warehouse manager when defective products are discovered.
- Ensure damaged products are not received into the warehouse.
- Coordinate with customer service and logistics departments
- Check date-sensitive products for expiration and facilitate removal or transfer of product as needed.
- Perform process and system testing and track performance by area to locate and solve problems in data integrity, productivity, and efficiency.
- Maintenance of finished product and / or raw material storage view
- Management of Non Performing Inventory (NPI)
- Tracking and preparation of expiry reports
- Excellent trouble shooting skills on inventory discrepancy.
- Ensure adherence to FIFO/FEFO on shipments
- Train other employees in inventory management
- Solving critical shipment / receiving issue
- Raise system adjustment for finished product discrepancy.
- Identify and report on frequent issues that create inventory discrepancies and suggest corrective actions to be implemented to avoid re occurrences of the problems.
- Compile, maintain and analyze inventory reports.
- Understands internal controls related to inventory management.
- Complete special projects as needed and other duties assigned
- WMS Expert User: perform goods receipt, shipment and reconciliation on company’s WMS
- Warehouse zoning / mapping for finished products
- Management of nonperforming inventory (NPI)
- Handling of trade returns from customers
- Shipment posting knowledge.
- FP receiving knowledge.
- Support of lead other warehouse management duties as may be assigned.
- Complete special projects as needed and other duties assigned
Qualifications, Skills and Experience
- 4-7 years experience in inventory management and control role
- Candidate should possess a HND / B.Sc / M.Sc / MBA
- ERP / WMS Expert User
- Must have completed the NYSC program
- Proficiency in Excel and PPT presentations.
- Excellent use of inventory management tools
- Excellent data analysis skills
- Good organizational, problem solving and communication skills
- Good mathematical and numerical skills
- Good command of the English language and MS Office tools
Method of Application
Interested and qualified candidates should forward their CV to: [email protected] using the position as subject of email.
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