Cape Town: Inventory Manager posted by SET Consulting

About the Role

The purpose of role of Inventory Manager is to ensure the correct put away, storage, replenishment, and accuracy of inventory within the Distribution Centre across the client base.

Key Responsibilities

• Financial Responsibility:
• Ensure costs are captured in the month incurred (Labour, MHE R&M, Stock Losses).
• Ensure unprocessed costs are accrued in the month incurred.
• Ensure monthly inventory department expenditure is maintained within budget.
• Explain variance of budget versus actual.
• Ensure cost overruns are investigated, and appropriate countermeasures are instituted to prevent further overruns.
• Compile input for all inventory expenditure to be used in the annual budget for the distribution centre.

• Operational:
• Replenishment: Ensures that stock replenishment is completed before commencement of picking. Ensures the stock is replenished into correct locations as per WMS. Ensures replenishment is in line with stock rotation principles of the business.
• Put Away: Ensures inventory is correctly labelled before put away. Ensures that all stock receipted is put away daily in the correct location.

• Inventory Control:
• Recalls – assists in the management of the recall process.
• Ensure the master data management of WMS i.e. adding new SKUs, adding new warehouse slots, manages pick slots assignment
• Transaction posting to ensure that transactions impacting the stock ledger are posted timeously i.e. stock adjustments.
• Daily stock accuracy – ensures pick slots count and empty bin verification and completed daily and investigates variances.
• Non-conforming product management – ensure all expired, short shelf life and damaged products are segregated, isolated, and safe disposal is recorded and adjusted off the system immediately according to the DQSP processes.

• People Management:
• Host monthly staff meeting with minutes.
• Ensure that all staff maintains DQSP certification.
• Ensure succession plan in place for career levels.
• Liaising with the HR department so as to understand all the necessary aspects and needs of HR development, and ensure all staff are fully informed of HR objectives, purposes and achievements.

• Customer:
• Ensure inventory is run efficiently and effectively to meet client contractual KPIs.
• Ensure all internal stakeholders are serviced as required per internal rules, i.e. communication to supply chain regarding adjustments, shelf life on SKUs inventory on hand, warehouse damages return process.

Requirements

• Excellent knowledge of how inventory flows in the warehouse and the impacts thereof.
• Excellent knowledge of what impacts stock balances on the computer system.
• Exceptional verbal and written communication skills (English).
• Ability to take responsibility, Great attention to detail and exceptional time management skills,
• Planning and organizational skills, ability to work in a dynamic team.
• Results and deadline driven, good problem-solving capabilities with a disciplined approach.

Qualifications

Grade 12 is compulsory with Relevant Tertiary Degree, in Supply Chain Management or similar.