POSITION

Inventory Manager

LOCATION

Durban

SALARY

Market-Related

SUMMARY

Our Client from FMCG is seeking an Inventory Manager who thrives in a fast-paced environment.

RESPONSIBILITIES

The successful incumbent will be responsible for optimal onsite Inventory stock holding from both a financial and operational perspective as well as the management of the Lacsa Warehouse.

Key performance areas

Responsible for Working Capital Management by optimizing Inventory holding through parameter management, correct classification of all inventories, and ensuring obsolete/excess Inventory is identified and flagged for provision planning together with Finance.
Allocate workflow and manage the Inventory Operational team’s activities.
Champion the implementation of Group Inventory strategy and objectives which include leading & managing inventory changes/projects/events at operations.
Manage the Inventory Operations team to ensure accurate and efficient receiving/receipting/issuing of stock; and strong customer support in terms of timing and product availability.
Ensure a % service level is maintained at the site by Group Standards.
Ensure that Insurance & Critical items with zero stock on hand, zero on order and zero on request are managed daily with regular communication of the risk being shared with the manufacturing team.
Manage the Verification team to ensure weekly stock counts is managed and completed by FCFQ and related % Error KPIs. Investigate discrepancies accordingly.
Manage finalisation of the stock counting process and ensure stock adjustments are carried out timeously.
Delegate daily workflow and manage Expeditors to ensure expediting of outstanding orders through engagement with the buying team, suppliers and requisitioners to meet promised delivery dates.
Partner with the business to implement and drive compliance to Inventory policies, strategies, processes, and guidelines

MINIMUM REQUIREMENTS

Relevant 3-year degree/diploma (Supply Chain/Commerce/B Com/ Engineering/BSc).
A postgraduate qualification in a relevant field is advantageous.
5+ years of Procurement / Purchasing / Supply Chain management experience.
Demonstrated understanding of store management and Inventory management and Warehouse management systems and processes.
Experience in bulk material handling would be an advantage.
Pharma or related Compliant Space/Food Safe advantageous.
Strong Quality/GMP compliance and understanding.
Demonstrable track record in managing teams.