Purpose of Job

• Implement company adopted inventory management methodology.Maximise uptime by maintaining adequate levels of material inventory while optimising investment in inventory considering business risks.Cooperate with S&OP process to determine optimal levels of inventory by site, monitor inventory levels and place stock replenishment orders.Review and update inventory policies, recommend, influence & motivate safety stock levels.Investigate book to physical variances and clearly document reasons for variances.Prepare and maintain inventory reconciliations and present to management for approval.Manage direct reports

Key Accountabilities

• Identify critical stock for the Hub which includes direct material and feedstock.
• To consolidate requirements and provide to shared services to ensure uninterrupted stock replenishment.
• Report on inventory to Hub and provide ad hoc inventory reporting when required.
• Adhere to Hub inventory policies, procedures and standards.
• Maintain working capital invested in stock within approved limits for the assigned category.
• Analyse inventory movements, levels and demand patterns to identify optimization opportunities.
• Responsible for implementation of inventory management strategies and business processes optimisation for inventory control.
• Analyse the usage patterns of critical stock to ensure availability.
• Take accountability for maximum, minimum inventory levels, reorder points and reorder quantities.
• Manage Redundant Stock (ID, approval of BU engagement, ensure Policy is in place, and then write off).
• Creation of Forecasting Models.
• Ensure and Implement Financial Critical Stock Definitions (Manage Data on SAP)

Formal Education

• University Bacherlor’s Degree (Accounting, Supply Chain, Business Management)

Min Experience

• 6+ relevant years
• SAP MM, Microsoft Office