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6 days ago

Job Summary

The head of stock control will manage inventory levels, ensure efficient stock management and optimise stock holding costs. They will oversee the procurement, storage and distribution of goods to meet customer demand and business objectives.

  • Minimum Qualification : Bachelors
  • Experience Level : Entry level
  • Experience Length : 11 years

Job Description/Requirements

a)Inventory management

● Develop and improve inventory management strategies to ensure optimal stock levels.

● Monitor inventory levels and adjust stocking policies to meet business needs.

● Implement inventory control systems and technologies to track stock movements.


b)Stock Analysis

● Analyse stock data to identify trends, forecast demand and improve stock control and processes.

● Generates reports on stock levels, turnover rates and stock values.

● Use data analytics to optimise inventory management.


c)Procurement Coordination

● Work closely with the procurement team to ensure timely and cost effective ordering of stock.

● Coordinate with suppliers to ensure timely delivery of goods.

● Manage purchase orders and stock replacement processes.


d)Warehouse Management

● Oversee the storage and distribution of goods within the warehouse.

● Ensure proper stock handling and stock handling to maintain product quality.

● Implement warehouse management systems to improve efficiency.


e)Stock Audits

● Conduct regular stock audits and reconcile discrepancies.

● Develop and implement procedures to minimize stock losses and shrinkage.

● Ensure accurate record keeping of inventory transactions.


f)Supplier Relations

● Manage relationships with suppliers and ensure reliable stock supply.

● Negotiate terms and conditions with suppliers to optimise costs.

● Monitor supplier performance and address any issues.


g)Systems Management

● Utilise inventory management systems to track and control stock.

● Ensure data accuracy and integrity within the inventory system.

● Train staff on the use of inventory management systems.


h)Team Leadership

● Lead, train and develop a stock control team to enhance their skills and performance.

● Foster a collaborative and efficient working environment.

● Conduct performance evaluations and provide feedback to team members.


Qualifications and Requirements

1. Education:

        ◦ Bachelor’s degree in Supply Chain Management, Logistics, Business Administration, or a related field.

          

2. Experience:

        ◦ Minimum of 5 years of experience in inventory management, stock control, or a related field, preferably in a hardware or retail environment.

        ◦ Proven experience in leading and managing a team.

3. Skills:

        ◦ Strong knowledge of inventory management principles, practices, and software.

        ◦ Excellent analytical and problem-solving skills.

        ◦ Effective negotiation and communication skills.

        ◦ Ability to work independently and make informed decisions.

        ◦ Proficiency in using inventory management and ERP systems.

        ◦ Strong organizational and time-management skills.

4. Personal Attributes:

        ◦ Attention to detail and accuracy.

        ◦ Strong leadership and team-building skills.

        ◦ Ability to work under pressure and meet deadlines.

        ◦ Adaptability and willingness to learn and implement new strategies.


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