Inventory Control and Stock Management Specialist

Placements24; Polokwane; On-site; ZAR 350,000 - 520,000; Full time

Benefits offered by this job

Performance bonuses

Medical aid

Retirement savings

Job summary

Placements24 in Polokwane, Limpopo is seeking an Inventory Control and Stock Management Specialist to maintain accurate stock records, optimize stock levels and implement robust control procedures across the supply chain.

The role requires strong analytical skills and experience with WMS/ERP systems, cycle counts, forecasting, and collaborating with procurement, sales and warehouse teams to minimize stockouts and carrying costs.

Qualifications

• A relevant qualification in Supply Chain Management, Logistics, Business Administration, or a related field.
• Minimum of 4 years of experience in inventory control, stock management, or a similar role within a warehousing or retail environment.
• Proven experience with inventory management software, including WMS and ERP systems.
• Strong understanding of inventory management principles, including JIT, FIFO, LIFO, and EOQ.
• Excellent analytical and problem-solving skills with a keen eye for detail.
• Proficiency in Microsoft Office Suite, particularly Excel for data analysis and reporting.
• Strong organizational and time-management skills.
• Effective communication and interpersonal skills, with the ability to collaborate across departments.
• Experience with physical inventory counts and audits.
• Knowledge of the retail and distribution sector in Limpopo, specifically Polokwane, is a significant advantage.

Responsibilities

• Implement and manage robust inventory control procedures to ensure the accuracy and integrity of stock data.
• Conduct regular cycle counts and physical inventories, investigating and resolving discrepancies promptly.
• Monitor stock levels across multiple locations, forecasting demand and recommending replenishment orders to meet operational needs.
• Analyze inventory turnover rates, identifying slow-moving or obsolete stock and proposing strategies for reduction.
• Work closely with procurement, sales, and warehouse teams to ensure seamless flow of goods and information.
• Utilize Warehouse Management Systems (WMS) and Enterprise Resource Planning (ERP) systems to track inventory movements and manage stock data.
• Develop and implement strategies to minimize stockouts and overstock situations.
• Ensure compliance with all company policies and procedures related to inventory management.
• Generate regular reports on inventory status, accuracy, valuation, and key performance indicators (KPIs).
• Identify opportunities for process improvements to enhance inventory accuracy and efficiency.

Skills

Inventory management

Data analysis

Excel proficiency

Cross-functional collaboration

Education

Supply Chain Management qualification

Tools

WMS

ERP systems

Microsoft Excel

Job description

About the Role

Our client, a prominent retail and distribution group, is seeking a detail-oriented and proactive Inventory Control and Stock Management Specialist to join their team in Polokwane, Limpopo . This crucial role is responsible for maintaining accurate inventory records, optimizing stock levels, and implementing effective stock control procedures across the organization's supply chain. The ideal candidate will possess strong analytical skills, a thorough understanding of inventory management systems, and a commitment to ensuring product availability while minimizing carrying costs. This position offers a significant opportunity to impact operational efficiency and profitability for a key player in the region's commerce sector, based in Polokwane .

Key Responsibilities

• Implement and manage robust inventory control procedures to ensure the accuracy and integrity of stock data.
• Conduct regular cycle counts and physical inventories, investigating and resolving discrepancies promptly.
• Monitor stock levels across multiple locations, forecasting demand and recommending replenishment orders to meet operational needs.
• Analyze inventory turnover rates, identifying slow-moving or obsolete stock and proposing strategies for reduction.
• Work closely with procurement, sales, and warehouse teams to ensure seamless flow of goods and information.
• Utilize Warehouse Management Systems (WMS) and Enterprise Resource Planning (ERP) systems to track inventory movements and manage stock data.
• Develop and implement strategies to minimize stockouts and overstock situations.
• Ensure compliance with all company policies and procedures related to inventory management.
• Generate regular reports on inventory status, accuracy, valuation, and key performance indicators (KPIs).
• Identify opportunities for process improvements to enhance inventory accuracy and efficiency.

Requirements

• A relevant qualification in Supply Chain Management, Logistics, Business Administration, or a related field.
• Minimum of 4 years of experience in inventory control, stock management, or a similar role within a warehousing or retail environment.
• Proven experience with inventory management software, including WMS and ERP systems.
• Strong understanding of inventory management principles, including JIT, FIFO, LIFO, and EOQ.
• Excellent analytical and problem-solving skills with a keen eye for detail.
• Proficiency in Microsoft Office Suite, particularly Excel for data analysis and reporting.
• Strong organizational and time-management skills.
• Effective communication and interpersonal skills, with the ability to collaborate across departments.
• Experience with physical inventory counts and audits.
• Knowledge of the retail and distribution sector in Limpopo , specifically Polokwane , is a significant advantage.

Benefits

• Our client offers a competitive salary package, performance bonuses, and a comprehensive benefits plan including medical aid and retirement savings.
• This role provides excellent opportunities for professional development and career advancement within a growing organization.
• Join our client's team in Polokwane and play a vital role in optimizing their inventory management.