Inventory Manager

Inventory Manager

KZN

The Key Functional 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 – a budget will be provided and discussed with you.
  • Explain variance of budget versus actual.
  • Ensure cost overruns are investigated, and appropriate countermeasures are instituted to prevent further
  • 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
  • Ensure the stock is replenished into correct locations as per WMS.
  • Ensure replenishment is in line with stock rotation principles of the business.
• Put Away
  • Ensure 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 proces
  • Ensure the master data management of WMS i.e. adding new SKU’s, 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 processes.
  • Ensure supplier returns are managed effectively according to processes.
  • Ensure daily check of expiry dates on all stock items in pick slot and reverses of the warehouse master.
  • Manage letters of variance according to the process.
  • Inter DC Transactions - ensures that in-transit sites are reconciled and cleared within 48 hours after receipt.
  • Export transactions – ensure the control of stock movement between the local and export location
  • Ensure the accurate reconciliation of consignment stock from suppliers.
  • Ensure the development of monthly stock count plan.
  • Ensure communication of the monthly stock count dates to the business i.e., supply chain to ensure a successful count.
  • Ensure correct record keeping of stock count documents in accordance with company procedures.
  • Ensure stock variances are investigated and resolved within 48 hours.

• People Management
  • Host monthly staff meeting with minutes.
  • Ensure that all staff maintains 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
  • Manage a stable HR climate in the workplace.
  • Liaising with HR regarding overtime and absenteeism, motivating staff, recruiting staff, training, mentoring, coaching and development of staff according to company policies and procedures
  • Conduct regular performance appraisals with subordinates and ensure that the process is cascaded throughout the warehousing team.
  • Develop and manage high performance multi-disciplinary team in order to solve problems within the distribution centre.
  • Coach and support team members where necessary to achieve objectives.
  • Always uphold the company’s disciplinary code of conduct demonstrating fairness when dealing with discipline.

• Customer
  • Ensure inventory is run efficiently and effectively to meet client contractual KPI’s.
  • Ensure all internal stakeholders are serviced as required per internal rules, i.e. communication to supply chain regarding adjustments, shelf life on inventory on hand, warehouse damages return process.
  • Ensure all external stakeholders are serviced as required i.e. daily stock reports.

• Process Compliance
  • Warehouse quality standards are consistently maintained in accordance
  • Pass all internal and external quality
  • Audit gaps are closed within prescribed due

• Continuous Improvement
  • Develop human capital, processes and procedures and ensure continuous are actively pursued in the areas of process, quality,…