Regional Stock Controller

3 days ago

Cape Town, South Africa Fidelity Services Group Full time

Overall, Purpose of the Job: The incumbent will be responsible for all aspects regarding stock management.

**Minimum qualification and experience**:

- Suitable Qualification (Logistics/Supply Chain Management)
- Proven experience as a Senior Stock Controller or in a similar role.
- Excellent working knowledge of EXCEL
- SAP experience an advantage or experience on other Inventory systems

**Main duties & responsibilities**:

- Monitor and maintain inventory levels to ensure accuracy and availability.
- Manage the receipt, storage, and distribution of goods within the warehouse.
- Implement a check process in terms of outstanding purchase orders - receiving of physical items and services as well as system receipting (for stock and non-stock items).
- Coordinate liquidation and transfer of stock to reflect cost, age and demand.
- Collaborate with procurement and sales teams to forecast demand and plan stock levels.
- Update inventory records and prepare reports on stock levels and variances.
- Coordinate and manage the monthly stock take process
- Document all stock activities and handle variances promptly.
- Submit Month End Stock Reconciliation to Finance
- Identify and address potential inventory issues proactively.
- Ensure compliance with safety and storage regulations.
- Ensure internal control procedures are adhered to through documentation audits.
- Ensure all items dispatched and received are captured timeously in line with the regional deadlines.
- Ensure that internal and external customer service and lead time are achieved within existing financial constraints in order to meet marketing and financial objectives.
- Ensure requisitions are from approved vendor, product, price lists and agreements
- Manage the stock ratio of stores in line with budget on a minimum / maximum stock level.
- Ensure strict access control to the stores area.
- Finance Department Administration duties: Leave Forms, Manpowers and other admin functions.
- Set up and attend training sessions / demo’s at regular intervals with suppliers to understand products on the Approved list.

**KPI’s**
- Inventory holding values
- Stock turn days
- Obsolescence %
- Open purchase order
- Stock variances - investigate, follow up and prepare variance report with full explanations

**_Fidelity Services Group (Pty) Ltd supports global fair practice and business ethics on continuous development of our human capital as the key resource to our success in the markets in which we participate._

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