Manager, Inventory
7 days ago
**DSV - Global transport and logistics**
Location: Kempton Park
Job Posting Title: Inventory Manager
Time Type: Full Time
**MAIN PURPOSE OF THE ROLE**
This role will be responsible for the management and control of Inventory for large FMCG customer.
**Job-related Requirements**
- Min 2-5 years’ experience in managing stock and inventory
- 2-5 years’ experience in a warehouse environment
- Min of 3 years in job related Retail/FMCG environment
- Extensive knowledge of Inbound, Outbound, Cycle-counting and Return processes and workflows
- Min 2 years’ people management experience
**Other Requirements**:
- Proven knowledge and experience in root cause analysis and problem solving, including investigating, and troubleshooting of stock discrepancies.
- Sound and proven skills in Planning, Organizing, Directing, Controlling & Monitoring.
- Excellent communication skills and ability - be able to communicate assertively at all levels within and out of the company.
- Must be able to meet and manage customer expectations and ensure compliance to Policies, Regulations, Work Instructions and Workloads.
- A sound understanding of the Supply Chain.
- Financial acumen, especially the ability to explain the impact of changes in working capital on a business.
- Good interpersonal skills for client account management.
- A good understanding of MRP and inventory management principles
- Must be willing to travel for work
**Tertiary Qualification(s)**
- 3/4-year Logistics/Supply Chain/Industrial Engineering degree, or
- 3/4 year equivalent diploma
- Other relevant qualifications in Inventory, and Stock Management
**Computer Skills**
- Excellent knowledge of ERP and WMS systems
- Advance knowledge Relevant Planning & Inventory Management software/apps
- Highly proficient in Excel/PowerPoint for data management and reporting
**DUTIES & RESPONSIBILITIES**
- Understand the customer’s business, and develop a strong, trusting relationship with clients
- Assess inventory status based on systematic and physical evidence
- Develop recovery plan (inventory processes) based on initial assessment of the Inventory situation at the DC
- Successfully communicate and implement action plan with roles and responsibilities on Inventory improvement
- Measure inventory outcomes according to the SLA and KPI requirements
- Conduct root cause analysis to improve on and close out any factors relating to inventory constraints
- Mitigate risks (financial loss, theft, system or integration issues) associated with inventory
- Conduct continuous improvement analysis and initiatives to improve the overall state of inventory
- Understand and collaborate with clients and suppliers to build strong mutually beneficial relationships
- Consistent reviews of all channels stock reports to ensure system to floor and system to system alignment is intact
- Address any out of kilter issues in a timely and effective manner
- Endeavour to find new innovating ways to improve the stability and sustainability of all inventory through new innovations and technological advancements exploration
Inventory Management:
- Keyuser capabilities to ensure effective system setups are in place
- Control the risks associated with inventory.
- Monitor the Inventory health via the system to ensure longevity on the implementation of the inventory action plan
- Flag and investigate any misappropriated signs related to inventory
- Plan and implement cycle counts, ABC analysis counting and various other processes in line with the KPI and contractual obligations.
- Understand and monitor system setups related to the flow of inventory (sequencing and algorithms) on inbound to outbound and identify shortfalls
- Manage system enhancement process
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