Job Summary: Responsible for monitoring and maintaining accurate inventory levels, controlling stock movements, and ensuring that materials and/or products are available when required while minimizing shortages, excess stock, and discrepancies.
Key Objective: Maintain high inventory accuracy and optimal stock levels while reducing stock-outs, excess inventory, losses, and operational disruptions.
Key Responsibilities
- Monitor and maintain accurate inventory records in the ERP or inventory management system.
- Track incoming, outgoing, transferred, and returned stock.
- Conduct regular cycle counts and physical stock counts.
- Investigate and resolve inventory discrepancies.
- Ensure stock movements are properly documented and recorded.
- Monitor minimum, maximum, reorder, safety-stock, kanban levels.
- Identify slow-moving, obsolete, damaged, or excess inventory.
- Coordinate with purchasing, warehouse, production, sales, and finance teams.
- Prepare daily, weekly, and monthly inventory reports.
- Verify receiving and issuing transactions against relevant documents.
- Maintain accurate item codes, descriptions, units of measure, and storage locations.
- Support inventory audits and provide required documentation.
- Recommend improvements to inventory-control procedures.
- Monitor inventory KPIs such as stock accuracy, inventory turnover, stock-outs, and excess inventory.
Qualifications & Skills
- Diploma or Bachelor's degree in Supply Chain, Logistics, Business Administration, Accounting, or a related field.
- Experience in inventory control, warehousing, logistics, or supply chain operations.
- Knowledge of ERP/WMS systems
- Strong Microsoft Excel skills.
- Good analytical and problem-solving abilities.
- High attention to detail and accuracy.
- Good communication and coordination skills.
- Solid understanding of FIFO, cycle counting, stock reconciliation, min/max inventory and kanban principles.