Inventory Control ManagerRole Description
- Develop, implement, and oversee inventory control policies and procedures to ensure accurate stock management and efficient inventory operations.
- Monitor inventory levels, stock movements, and product availability to maintain optimal stock levels and prevent shortages or overstocking.
- Oversee inventory receiving, storage, issuing, transfers, and stock reconciliation processes.
- Conduct regular physical stock counts, cycle counts, and inventory audits to ensure accuracy and accountability.
- Analyze inventory data, identify discrepancies, and implement corrective actions to minimize inventory losses and improve accuracy.
- Coordinate with procurement, warehouse, logistics, production, and sales teams to ensure timely inventory replenishment and smooth operations.
- Establish inventory reporting systems and prepare regular reports on stock levels, inventory turnover, variances, and performance.
- Ensure proper warehouse organization, stock identification, labeling, and storage practices.
- Monitor inventory costs and identify opportunities to improve operational efficiency and reduce waste.
- Ensure compliance with company policies, inventory procedures, and relevant safety and quality standards.
Qualifications
- * Diploma or Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or a related discipline.
- Good understanding of inventory management principles, stock control procedures, and warehouse operations.
- Knowledge of inventory management systems, ERP software, and Microsoft Excel.
- Strong analytical, numerical, and problem-solving skills.
- Ability to manage stock records, conduct inventory audits, and analyze inventory data accurately.
- Good organizational, planning, and time management skills.
- Strong communication and coordination abilities.
- High attention to detail, integrity, and accountability.
- Ability to work independently and lead a team effectively.