Head of Inventory Management

Role Description
The Head of Inventory Management will be responsible for the Inventory Management function across the business. This includes the management of staff, warehousing, demand planning, decision support for stock purchases, redeployment of stock in a centralised model, stock counts, managing the asset tagging system for inventory purposes from acquisition to disposal. The Head of Inventory Management will work closely with other departments to optimize supply chain processes and improve efficiency, ensuring compliance with all relevant regulations, standards, financial and governance requirements.

• Plan, organize, direct, manage and evaluate the inventory management activities and budget for the business
• Re-order material & optimize delivery time & turn in order to minimize stock holding value
• Manage assets such as personal protective equipment, personal protective wear & tools including repairs of tools & rotation items
• Verification of materials received & ensure submission of invoices to the Finance department for payment
• Maintain material data base & ensure governance thereof
• Conduct stock takes & ensure accurate capturing of variance reports.
• Oversee day-to-day running of the Distribution Facility & ensure compliance to inventory management policies & procedures
• Input to profit improvement plans - assist with implementation thereof.
• Assist with store start-ups as and when required.
• Travel - assess existing stores and warehouses, make recommendations based on findings
• Demand Planning, forecasting and trend analysis
• Perform day-to-day administrative tasks relating to inventory management.
• Review & implement solutions to optimize & reduce inventory TCO.
• Develop and communicate material management policies and procedures
• Develop key performance indicators to measure the effectiveness of the inventory management operations
• Direct and manage corporate governance and regulatory compliance procedures related to inventory management operations
• Develop, implement & manage asset lifecycle application & processes to enable tracking, deployment and disposal activities.
• Manage decommissioning of assets and reverse logistics activities associated with stock and tools.

Qualifications & Experience

• National Dip: Logistics or Purchasing Management (relevant qualification in Supply Chain Management)
• Matric (Senior Certificate)
• Valid SA Drivers’ License
• 5-7 yrs experience in a Logistics/Stores/Warehousing environment (technical background advantageous)
• MRP knowledge & understanding
• MS Word, MS Excel, MS PowerPoint, MS Project & MS Outlook (Intermediate skill level), SAP knowledge
• OHS Act, ISO 9001 Quality Management & Risk Management Systems

Fundamental Competencies

• Initiative/Proactivity
• Deadline Driven & Highly Motivated
• Stress Tolerant
• Good Written Communication
• Excellent Leadership Skills
• Ability to lead a large team
• Strong knowledge of HR processes
• Consequence Management Skills
• Customer Focus
• Innovative
• Problem Analysis
• Planning/Scheduling/Objective Setting
• Teamwork & Partnering
• Relationship Building
• Interactive Reasoning