Inventory Management Specialist

Placements24; Bloemfontein; Hybrid; ZAR 420,000 - 640,000; Full time

Benefits offered by this job

Fully remote work opportunity

Competitive salary and benefits

Job summary

Placements24 is seeking a meticulous Inventory Management Specialist for a fully remote role in South Africa. You will oversee inventory across channels, forecast demand, and implement best practices to optimize stock levels and profitability. Strong data analysis and ERP experience are essential for success.

The ideal candidate brings at least 4 years in inventory management, a relevant degree, and excellent communication skills to thrive in a remote team environment.

Qualifications

• Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or related field.
• Minimum of 4 years of inventory management experience, preferably in retail or e-commerce.
• Proficient with inventory management software and ERP systems.
• Strong analytical and problem-solving abilities with data interpretation skills.
• Excellent communication and collaboration for remote work.

Responsibilities

• Monitor and manage inventory levels across warehouse locations and channels.
• Analyze sales data and forecasts to optimize purchasing and replenishment.
• Maintain accurate inventory tracking systems and procedures.
• Identify and resolve discrepancies in inventory counts and data.
• Collaborate with procurement and sales to meet stock for promotions and seasonal demand.
• Reduce carrying costs by minimizing overstock and obsolescence.
• Minimize stockouts to ensure customer satisfaction and prevent lost sales.
• Generate regular inventory reports and analyze KPIs.
• Propose process improvements for inventory management efficiency.
• Ensure compliance with inventory policies and procedures.

Skills

Analytical thinking

Problem solving

Remote collaboration

Data interpretation

Excel proficiency

Education

Bachelor's degree in SCM / Logistics / Business Admin

Tools

Inventory management software

ERP systems

Job description

About the Role

Our client, a prominent online retailer, is seeking a meticulous and proactive Inventory Management Specialist to join their team. This fully remote position is essential for ensuring the accuracy, availability, and optimal levels of our client's product inventory across all channels. You will be responsible for managing inventory data, forecasting demand, minimizing stockouts and overstock, and implementing best practices in inventory control. The ideal candidate possesses strong analytical skills, a keen eye for detail, and experience with inventory management systems, preferably within the retail or e-commerce sector. This role offers the opportunity to significantly impact operational efficiency and profitability from a remote setting.

Key Responsibilities

• Monitor and manage inventory levels across all warehouse locations and sales channels.
• Analyze sales data and demand forecasts to optimize inventory purchasing and replenishment.
• Implement and maintain accurate inventory tracking systems and procedures.
• Identify and resolve discrepancies in inventory counts and data.
• Collaborate with procurement and sales teams to ensure sufficient stock levels for promotional activities and seasonal demands.
• Reduce carrying costs by minimizing overstock and obsolescence.
• Minimize stockouts to ensure customer satisfaction and prevent lost sales.
• Generate regular inventory reports, analyzing key performance indicators (KPIs).
• Propose and implement process improvements for inventory management efficiency.
• Ensure compliance with inventory policies and procedures.

Requirements

• Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or a related field.
• Minimum of 4 years of experience in inventory management, preferably in retail or e-commerce.
• Proven experience with inventory management software and ERP systems.
• Strong analytical and problem-solving skills, with the ability to interpret complex data.
• Excellent understanding of inventory control principles and forecasting techniques.
• Proficiency in Microsoft Excel and other data analysis tools.
• Strong attention to detail and accuracy.
• Excellent communication and collaboration skills, essential for a remote role.
• Ability to work independently and manage time effectively in a remote environment.
• Experience with demand planning is a plus.

Benefits

• Fully remote work opportunity, providing significant flexibility.
• Competitive salary and benefits package.
• Opportunity to play a key role in optimizing supply chain operations.
• Professional development and growth opportunities.
• Work with a dynamic and expanding online retail company.
• Supportive and collaborative remote team culture.
• Access to modern inventory management tools and technologies.