Inventory Executive

Key Responsibilities

• Inventory Management:

• Monitor and maintain accurate inventory records using [e.g., ERP system, inventory management software].
• Conduct regular physical inventory counts and reconcile with system records.
• Identify and investigate discrepancies, implementing corrective actions.
• Track inventory movement, including receipts, transfers, and disbursements.

• Stock Control:

• Ensure optimal stock levels to meet demand while minimizing holding costs.
• Identify slow-moving or obsolete inventory and recommend appropriate actions.
• Implement and maintain inventory control procedures and policies.

• Receiving & Dispatch:

• Oversee the receiving of goods, verifying quantities and quality against purchase orders.
• Coordinate with warehouse staff for efficient storage and retrieval of items.
• Ensure timely and accurate dispatch of goods, preparing necessary documentation.

• Reporting & Analysis:

• Generate regular inventory reports (e.g., stock levels, turnover, aging).
• Analyze inventory data to identify trends, forecast demand, and suggest improvements.
• Provide insights to management on inventory performance and potential risks.

• Collaboration:

• Liaise with procurement, sales, and production departments to align inventory with business needs.
• Communicate effectively with suppliers and logistics partners regarding deliveries and returns.

• Compliance & Safety:

• Ensure compliance with all safety regulations and company policies related to inventory handling and storage.
• Maintain a clean and organized inventory area.