Supply Management Team leader
Grace Construction Chemicals
Published 2 months ago · Expires 3 weeks from now
Job description
An exciting opportunity has arisen for a motivated professional.
Job Grade-Will be Required necessaryEquipment and MaterialEquipmentLaptop or computerBarcode scannersLabel printersMaterials needed include:Label and barcode stickersInventory tracking tags or RFID tagsKey Role-&ResponsibilitiesInventory Control and Management:Oversee inventory management across multiple stores, ensuring stock levels are optimized to meet demand without overstocking or running out of stock.Lead efforts to implement and maintain inventory control systems, ensuring accurate stock records and reducing discrepancies.Supervise regular stock audits, cycle counts, and reconciliationprocesses to ensure the accuracy of physical stock versus recorded inventory.Coordinate the replenishment and rotation of stock, ensuring stores always have the right inventory mix to meet customer demand.Financial Oversight and Budgeting:Prepare and manage budgets for store inventory and expenses, ensuring alignment with corporate financial objectives.Conduct financial analysis to identify areas for cost savings, improve store profitability, and reduce shrinkage (loss from theft, damage, or errors).Oversee the financial reporting and stock valuation processes, ensuring accurate accounting of inventory costs and compliance with financial regulations.Review and analyze store performance against targets and budgets, identifying and addressing any discrepancies or issues.Store Operations Support:Work closely with store managers and the operations team to ensure smooth and efficient store operations, including stock handling, distribution, and logistics.Collaborate with the purchasing and procurement departments toensure that the stores are adequately stocked and that purchasing is aligned with actual sales trends.Ensure that store-level operational processes, such as receiving, storing, and dispatching inventory, comply with company policies and procedures.Loss Prevention and Security:Implement loss prevention strategies and best practices to minimize stock loss due to theft, damage, or mismanagement. Monitor inventory movement and ensure that proper securitymeasures are in place to protect the stock in the store and during transportation.Analyze stock discrepancies and investigate potential causes of shrinkage, taking corrective action when necessary.Team Leadership and Training:Lead and manage the store controller team, ensuring clear roles, responsibilities, and performance expectations are set.Provide training to store staff and controllers on inventory management best practices, systems usage, and loss prevention techniques.Foster a collaborative and efficient team environment, motivating employees to meet performance targets and operational goals.Reporting and Data Analysis:Prepare regular inventory reports, financial statements, andperformance metrics for senior management, highlighting stock levels, inventory movements, financial performance, and risks.Analyze data on stock tur...