Inventory Management Specialist

1 month ago


Dundee, KwaZulu-Natal, South Africa Ikwezi Mining (Pty) Ltd Full time

Ikwezi Mining (Pty) Ltd is seeking a seasoned professional to join our team as an Inventory Management Specialist.

We offer a competitive salary of R1,200,000 per annum, reflecting the company's commitment to attracting and retaining top talent.

About the Role

The successful candidate will be responsible for overseeing the entire stock control process, ensuring inventory levels meet operational requirements without excessive surplus or shortage. This will involve maintaining accurate records of stock movements, purchases, and usage of raw materials, parts, equipment, and consumables, as well as coordinating with procurement teams to ensure timely ordering and replenishment of stock.

The ideal candidate will have a Bachelor's degree in supply chain management, logistics, business administration, or a related field, with at least 58 years of experience in inventory management, stock control, or supply chain management, including 23 years in the mining sector or a related industry. Expertise in stock control techniques, cycle counting, and stock reconciliation is essential, as is proficiency in using inventory management systems such as SAP or Oracle.

The Inventory Management Specialist will also be responsible for conducting regular stock audits and reconciling discrepancies between physical stock and system records, analyzing and monitoring inventory turnover rates, usage trends, and stock levels to improve inventory efficiency and reduce wastage, and implementing stock control strategies that ensure cost-effective practices while maintaining operational readiness.

Key Responsibilities
  • Maintain accurate records of stock movements, purchases, and usage of raw materials, parts, equipment, and consumables
  • Coordinate with procurement teams to ensure timely ordering and replenishment of stock
  • Conduct regular stock audits and reconcile discrepancies between physical stock and system records
  • Analyze and monitor inventory turnover rates, usage trends, and stock levels to improve inventory efficiency and reduce wastage
  • Implement stock control strategies that ensure cost-effective practices while maintaining operational readiness
Requirements
  • Bachelor's degree in supply chain management, logistics, business administration, or a related field
  • Minimum of 58 years of experience in inventory management, stock control, or supply chain management, including 23 years in the mining sector or a related industry
  • Expertise in stock control techniques, cycle counting, and stock reconciliation
  • Proficiency in using inventory management systems such as SAP or Oracle
Benefits

We offer a range of benefits to support your career development and well-being, including training and development opportunities, performance bonuses, and a comprehensive benefits package.



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