Inventory Controller - FMCG/Durables/F&B/Chemicals/Fertilizers/Manufacturing

Develop the company's inventory management strategy with the aim of :

- Controlling inventory costs within budgetary limits

- Rationalizing inventory and maximizing available working capital

- Manage and control inventory accuracy checks

- Minimize overstocks and removal of obsolete / redundant inventory to maximize availability of working capital

- Ensure that the Raw Material department is well organized and controlled to sufficiently support production and the goals of the business.

- Ensure that any materials that are late or holding up production for whatever reason are chased and followed up until received.

- Ensure sub contract processes are received back and that suppliers are chased to ensure no late delivery situation.

- Provide routine management information on inventory performance

- Implement improvement processes and systems to reduce inventory, minimize costs and maximize working capital

- Develop and maintain accurate written procedures for all main inventory control processes and functions.

- Ensure integrity and accuracy of the stock management system

- Monitor daily reports to ensure key critical areas of the stock system are controlled and any discrepancies addressed and resolved.

- Manage control measures to ensure mistakes, inaccuracies and Discrepancies are highlighted, addressed and resolved.

Performance Measures :

- Carrying cost of Inventory = Inventory carrying rate - Average inventory value

- Inventory Turnover Rate = Cost of goods sold/ Average Inventory

- Inventory to Sales Ratio = A diminishing rate exhibits better performance

- Inventory Accuracy Rate = SAP data vs actual count

- Sales loss due to lack of Inventory

- Available working capital /working capital freed due to inventory liquidation

Person Specification:

- Ideally possessing a relevant professional qualification and/or suitable background experience in inventory management / purchasing

- Have a detailed understanding of MRP and inventory control / management systems and ERP.

- Strong analytical and problem solving skills.

- Experience in a high volume process oriented manufacturing unit would be an advantage.

- Possess excellent verbal and written communication skills for a demanding and customer focused working environment.

- Possess excellent personal organization and business administration skills in accordance with modern best practice methods.

- High Influencing Skills and Achievement Orientation.

- Ability to drive the function under tight timescales and pressure whilst maintaining attention to detail and quality.