Remote Inventory Optimization Specialist

Placements24; Mossel Bay; Hybrid; ZAR 480,000 - 640,000; Full time

Benefits offered by this job

Fully remote

Competitive salary

Medical aid

Performance-based incentives

Job summary

Placements24 is seeking a Remote Inventory Optimization Specialist to analyze inventory data, forecast needs, and implement optimization strategies from a remote setting. You will collaborate with procurement, sales, and operations to align objectives and reduce holding costs across Mossel Bay and beyond.

The role requires a quantitative background, strong Excel and SQL skills, and experience with IMS/WMS systems.

Qualifications

• Bachelor's degree in Supply Chain, Logistics, Statistics, Business Analytics or a related field.
• Minimum 4 years in inventory management, planning or optimization within logistics/warehousing.
• Strong analytical and detail-oriented approach for remote work.

Responsibilities

• Analyze inventory levels, demand patterns, and lead times to forecast needs.
• Develop and implement inventory optimization strategies, including safety stock and reorder points.
• Monitor turnover and liquidate slow-moving or obsolete stock.
• Collaborate with procurement, sales and operations to align strategies.
• Use IMS/WMS and analytics tools to track stock movements and data accuracy.
• Identify root causes of discrepancies and implement corrective actions.
• Create and maintain KPI reports for management review.
• Propose process improvements to reduce carrying costs.
• Stay updated on best practices in inventory management.

Skills

Analytical thinking

Problem solving

Remote work

Communication

Quantitative analysis

Education

Bachelor's degree in a quantitative field (Supply Chain/Analytics)

Tools

Excel (pivot tables, VLOOKUP)

SQL

WMS/IMS

Job description

About the Role

Our client, a prominent and expanding entity in the **logistics and warehousing** sector, is seeking a dedicated and analytical Remote Inventory Optimization Specialist. This position is fully remote, offering the flexibility to work from anywhere while contributing to our strategic inventory management goals. The successful candidate will be responsible for analyzing inventory data, identifying trends, developing strategies to optimize stock levels, and reducing holding costs across our network. We are looking for a proactive individual with a strong quantitative background and a proven ability to implement effective inventory management solutions from a remote setting. This role is crucial for ensuring product availability while minimizing excess stock and enhancing overall supply chain efficiency for operations in **Mossel Bay** and beyond.

Key Responsibilities

• Analyze inventory levels, demand patterns, and lead times to forecast future inventory needs.
• Develop and implement strategies for inventory optimization, including safety stock calculations and reorder points.
• Monitor inventory turnover rates and identify slow-moving or obsolete stock for liquidation or disposition.
• Collaborate with procurement, sales, and operations teams to align inventory strategies with business objectives.
• Utilize inventory management software and advanced analytical tools to track stock movements and ensure data accuracy.
• Identify root causes of inventory discrepancies and implement corrective actions.
• Develop and maintain reports on key inventory performance indicators (KPIs) for management review.
• Propose and implement process improvements to enhance inventory accuracy and reduce carrying costs.
• Stay updated on best practices and emerging trends in inventory management and supply chain optimization.
• Support the implementation of new inventory management systems or modules as needed.

Requirements

• Bachelor's degree in Supply Chain Management, Logistics, Statistics, Business Analytics, or a related quantitative field.
• Minimum of 4 years of experience in inventory management, planning, or optimization within the **logistics and warehousing** industry.
• Strong analytical and problem-solving skills with a keen eye for detail.
• Proficiency in using inventory management systems (IMS) or Warehouse Management Systems (WMS).
• Advanced skills in Microsoft Excel (pivot tables, VLOOKUPs, data analysis) and familiarity with database querying (e.g., SQL) is highly desirable.
• Excellent communication and collaboration skills, essential for effective remote work.
• Ability to work independently, manage time effectively, and meet deadlines.
• Understanding of forecasting techniques and inventory control models.
• Knowledge of supply chain principles and best practices.
• Experience working remotely is a plus.

Benefits

• This is a **fully remote** opportunity, offering significant work-life balance and flexibility.
• Our client provides a competitive salary, comprehensive medical aid, and performance-based incentives.
• You will have access to professional development resources and the opportunity to make a tangible impact on our supply chain strategy.
• Join a dynamic team and contribute your expertise from anywhere, supporting our operations in **Mossel Bay** and beyond within the **logistics and warehousing** sector.