Regional Inventory Manager

Placements24; Bloemfontein; Hybrid; ZAR 700,000 - 950,000; Full time

Benefits offered by this job

Competitive salary

Performance bonuses

Medical aid

Provident fund

Professional development

Job summary

Placements24 in Bloemfontein seeks an experienced Regional Inventory Manager. You will oversee inventory operations across the store network, using data analysis and forecasting to optimize stock levels and minimize costs.

The role blends on-site store engagement with remote data work to drive efficiency and profitability. The ideal candidate has at least 6 years in retail inventory, strong forecasting skills, and experience with Excel, SQL, and ERP systems.

Qualifications

• Minimum of 6 years of experience in inventory management or related retail roles.
• Proven forecasting, planning and stock optimization capabilities.
• Strong data analysis skills and experience with reporting tools.
• Excellent communication and cross-functional collaboration abilities.

Responsibilities

• Develop and execute regional inventory strategies to optimize stock and costs.
• Forecast demand using sales data and market trends to improve accuracy.
• Monitor turnover, identify slow-moving items, and plan redistribution.
• Collaborate with store managers and supply chain partners for replenishment.
• Enforce inventory controls to minimize shrinkage and discrepancies.
• Conduct audits and cycle counts to ensure accuracy.
• Utilize inventory software and reporting tools to track KPIs.
• Provide training to store teams on best practices.
• Optimize stock allocation across Bloemfontein stores.

Skills

Forecasting

Inventory planning

Data analysis

Stock optimization

Communication

Education

Supply Chain/Logistics degree

Tools

Excel

SQL

ERP systems

Job description

About the Role

Our client, a major retail chain, is seeking a strategic and analytical Regional Inventory Manager to oversee inventory operations across its network of stores in the Bloemfontein, Free State region. This role is crucial for optimizing stock levels, minimizing costs associated with excess or insufficient inventory, and ensuring product availability to meet customer demand. The successful candidate will leverage data analysis and forecasting techniques to manage inventory effectively. This hybrid role requires a balance of on-site store visits and remote data analysis. You will be instrumental in implementing best practices in inventory management, driving efficiency, and contributing to the overall profitability of the retail operations in Bloemfontein and its surrounding districts. This position demands a proactive approach and a deep understanding of supply chain and retail inventory dynamics.

Key Responsibilities

• Develop and execute inventory management strategies for the designated region to optimize stock levels and reduce carrying costs.
• Analyze sales data, market trends, and historical performance to forecast product demand accurately.
• Monitor inventory turnover, identify slow-moving items, and implement strategies for clearance or redistribution.
• Collaborate with store managers and supply chain partners to ensure timely replenishment of stock.
• Implement and enforce inventory control procedures to minimize shrinkage and stock discrepancies.
• Conduct regular audits and physical counts to verify inventory accuracy.
• Utilize inventory management software and reporting tools to track key performance indicators (KPIs).
• Provide training and support to store teams on inventory management best practices.
• Optimize stock allocation across different store locations within Bloemfontein, Free State .

Requirements

• Minimum of 6 years of experience in inventory management, supply chain, or a related field within the retail industry.
• Proven experience in demand forecasting, inventory planning, and stock optimization techniques.
• Strong analytical skills with proficiency in data analysis and reporting tools (e.g., Excel, SQL, ERP systems).
• Excellent understanding of inventory management principles and best practices.
• Strong communication and interpersonal skills, with the ability to collaborate effectively across different levels of the organization.
• Experience with hybrid work models, demonstrating self-discipline and effective remote collaboration.
• A relevant degree in Supply Chain Management, Logistics, Business Administration, or a related field is preferred.
• Knowledge of the retail landscape in Free State is an asset.

Benefits

• Our client offers a competitive salary, performance-based bonuses, and comprehensive benefits including medical aid and a provident fund.
• Opportunities for professional development and continuous learning in inventory and supply chain management are provided.
• This hybrid role offers flexibility, allowing you to balance office-based analysis with on-site store engagement in the Bloemfontein region.
• Join a leading retailer and make a significant impact on operational efficiency and profitability.