- Regularly conducting stock counts (physical inventory checks) and reconciling discrepancies to maintain accurate inventory records. This ensures the company has the right amount of stock to meet customer demand and avoid stock outs or overstocking.
- Analyzing sales trends, customer demand, and past inventory data to forecast future needs. They then place orders with suppliers to replenish stock at optimal levels. This helps prevent stock outs and ensures efficient use of storage space.
- Verifying the accuracy and completeness of deliveries against purchase orders and packing slips. They then ensure proper
- storage of received goods according to designated locations and handling procedures (e.g., perishables, fragile items
- Meticulously entering and maintaining accurate inventory data in the company's inventory management system. This data typically includes product details, stock levels, locations, and expiry dates if applicable
- Processing adjustments to inventory records for various reasons, such as damaged goods, shrinkage (loss of inventory due to factors like theft or spoilage), or returns from customer
Bachelor of commerce3 years - inventory cycleEffectively managing multiple tasks and prioritizing stock control activities to meet deadlines and maintain accurate inventory levels.Identifying discrepancies, investigating stock issues stock outs, shrinkage, and implementing solutions to improve inventory control.Clearly communicating stock levels, discrepancies, and other inventory-related information to various departments purchasing, sales, warehouse and liaising with suppliers when necessaryTechnical SkillsProficiency in using inventory management software to track stock levels, generate reports, and process data efficiently. ( Microsoft Excel, warehouse management systems)Performing calculations for stock adjustments, order quantities, and basic inventory analysisLeader ship Skills Collaborating effectively with warehouse staff, other departments, and potentially managing a team of stockroom assistants.