Inventory Control Executive

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Job Description

About the role

Reporting to the Operations Manager, you will be responsible for managing all inventory control-related activities. Planning and execution of annual stock take of the retail stores (pharma and sports). Root cause analysis to understand and improve Shrinkage and Inventory Accuracy.

Responsibilities:

  • Delivering projects to support shrinkage and inventory accuracy
  • Develop the company’s inventory management strategy to control costs within budgetary limits, generate savings, rationalising inventory and maximizing available working capital
  • Manage and maintain the company’s material and stocked product inventory including stock profiles and stock locations
  • Manage and control perpetual inventory stock counting/inventory accuracy checks
  • Minimise overstocks and remove obsolete/redundant raw materials to maximize the availability of working capital
  • Ensure that the goods inward / stock control department is well organised and controlled to sufficiently support production and the goals of the business.
  • Ensure incoming product is receipted and managed appropriately according to company procedure.
  • Ensure materials are ready and available for production as and when required.
  • 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

           * Monitor and evaluate consumables usage & cost

           * Monitor & evaluate material utilization and scrap

  • Implement improvement processes and systems to reduce inventory, minimise costs and maximize working capital.
  • Write and maintain accurate written procedures for all main inventory.
  • control processes and functions.
  • Be responsible for managing and running planned stock takes.
  • Perform cyclic stock checks.
  • Ensure works orders are correct and fully completed and that all stock has been allocated to the job correctly.
  • Ensure integrity and accuracy of the stock management system.
  • Produce daily reports to ensure key critical areas of the stock system are controlled and any discrepancies are addressed and resolved.
  • Manage control measures to ensure mistakes, inaccuracies and discrepancies are highlighted, addressed and resolved.

Operational Performance:

  • Achieve a minimum of 95% inventory record accuracy

Person Specification:

  • Ideally possess a relevant professional qualification and/or suitable background experience in inventory management/purchasing
  • Strong analytical and problem-solving skills.
  • Strong Communication with stakeholders
  • Possess excellent verbal and written communication skills for a demanding
    and customer-focused working environment.
  • Possess excellent personal organisation and business administration skills in
    accordance with modern best practice methods.
  • Possess the ability to work productively, efficiently & effectively with initiative
    and drive under tight timescales and pressure whilst maintaining attention to
    detail and quality.
  • Possess the willingness to learn, improve and adapt.
  • Possess relevant IT skills in basic MS Office applications – outlook, excel &
    word in particular and a working knowledge of business ERP systems | SAP.
Area
Dubai