Stores & Inventory Manager

1 week ago


Newcastle, KwaZulu-Natal, South Africa Ikwezi Mining Limited Full time

Overview : As the Stores Manager, you will be responsible for overseeing the inventory control and management of our company's 5 stores, ensuring that materials and supplies are procured, stored, and issued efficiently and effectively to meet the company's production needs.

The Stores and Inventory Manager is also responsible for supervising the stores staff, ensuring that they are well-trained, motivated, and working efficiently.

Key Responsibilities:
  1. Keep accurate records of all parts and components, including their specifications, quantities, and locations.
  2. Perform regular physical inventories to verify stock levels and reconcile any discrepancies.
  3. Standardise stock description of all items to avoid duplication.
  4. Implement inventory control practices to maintain optimal stock levels, minimizing excess while avoiding shortages.
  5. Collaborate with procurement teams to identify and purchase required parts and components.
  6. Assess suppliers based on quality, cost, reliability, and adherence to delivery schedules.
  7. Manage the logistics of receiving and distributing parts to various departments and locations within the mining operation.
  8. Work with suppliers and internal teams to ensure timely delivery of parts to minimize equipment downtime.
  9. Handle returns and exchanges of defective or incorrect parts, ensuring quick resolution and minimal disruption.
  10. Provide necessary parts and components to maintenance teams to ensure efficient repair and maintenance of equipment.
  11. Monitor and track the usage of parts to predict future needs and adjust inventory levels accordingly.
  12. Collaborate with maintenance teams to develop and adhere to maintenance schedules, ensuring all necessary parts are available.
  13. Monitor and manage the parts inventory budget, ensuring expenditures remain within allocated limits.
  14. Analyze costs associated with parts procurement and inventory management, identifying opportunities for savings.
  15. Prepare financial reports related to parts inventory and procurement for review by senior management.
  16. Lead and manage parts department personnel, including hiring, training, scheduling, and performance evaluations.
  17. Implement and enforce safety protocols within the parts department to ensure a safe working environment.
  18. Encourage teamwork and continuous improvement among parts department staff.
  19. Ensure all parts and inventory management practices comply with industry standards and regulatory requirements.
  20. Generate regular reports on inventory status, procurement activities, and financial performance.
  21. Stay updated on industry best practices and integrate them into the parts management process.
Minimum Requirements:
  1. Degree / Diploma in Supply Chain, Logistics Management or related field.
  2. 7 to 10 years' experience within inventory management, preferably in the mining or heavy industrial sector.
  3. 3 to 5 years experience as a Supervisor / Manager.
  4. MS Excel (Advanced), MS Word (Intermediate).
  5. A valid driver's licence and own vehicle.
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