Job Title: Resources and Inventory Officer
Responsibilities:
Develops the inventory
management strategy of the company with the goal to control costs within
budget, generate savings, rationalise inventory and maximize the working
capital available.
Maintains, manages and
accounts for inventory of materials which include stock locations. Using a
computer, he accounts for receipts of new items, returns, processes re-orders
and associated issues, and inputs essential data on all the handled
materials, while adhering to strict accounting and auditing procedures.
Controls perpetual
inventory stock counting and accuracy checks, processes and approves
payment invoices, and investigates discrepancies and shortages to minimize
overstocks and remove redundant and obsolete raw materials.
Ensures that the inward
goods and stock control are properly handled and organized for the
achievement of corporate goals.
Based on suggested and
computer-monitored order listings, he performs regular cycle counts of
inventory materials and conducts yearly physical inventory counts.
Ensures inward products
are received and managed according to the company's standard procedure, so
materials will be readily available for consumption or whenever needed.
• To procure materials economically
at a cost consistent with the quality and service required. However, generally
all purchases may be attempted at the lowest cost.
• Maintain daily records of shipments
and invoices to see what resources need to be replenished.
Tracking and maintaining
inventory by using the inventory management module in the ERP software.
Maintains an uninterrupted
flow of consumable resources to support the various business requirements
from time to time.
Organizes and maintains
the inventory floor area to ensure efficient material storage and
handling. He also maintains labeling systems on the stock items.
Makes sure that any late
materials or those that hold up business for a certain reason are followed
up until they are received. Also, he sees to it that sub-contract
processes are received back and ensures no late deliveries in the future
with suppliers.
Provides routine
management reports regarding inventory performance, which involves
evaluating and monitoring usage and cost of materials, consumables and
scrap.
Creates and maintains
accurate written procedures for the primary inventory control functions and
processes, ensuring accuracy and integrity of the stock management system
implemented.
Implements improvement
systems and processes to reduce inventory setbacks, while minimizing costs
and maximizing working capital. He also ensures that resource orders are
fully and properly delivered and that all stocks have been correctly
allocated to corresponding budgets.
To conduct a monthly check on
inventories and submit the reconciled stock report to the management.
Creates daily reports to
control the key critical areas of the stock system and address any
discrepancy. This task involves managing control measures to make sure
inaccuracies and errors are highlighted and resolved.
Coordinates periodic
safety inspections and testing of any specialized piece of utility
equipment.
• Performs miscellaneous duties,
which are work-related, as assigned.
• Forecast future stock needs in
order to ensure timely availability of the resources to the teachers and
students.
• Stay abreast of new products,
current market rates and suppliers offering better prices.
• Maintain accurate records of the
potential vendors in the market with their contact details.
• Search for new vendors, negotiate
the price as per the approved budget, check the samples and place the orders.
Check
the quality and quantity of stock received to maintain the standards.
• Ensure
shop / shelves / counter are clean and presentable at all times to comply with
the schools' policies and procedures as well as Health and Safety requirements.
Lifting
of heavy boxes of books in receiving and placing inventory.
Requirements:
• Diploma or Bachelor's Degree in Commerce, Accounting,
Finance or other.
• 2 years' relevant work experience.
• The candidate should ideally have relevant
professional qualifications or suitable background experience in controlling
inventory and purchasing, i.e. having a detailed understanding of material
requirements planning (MRP) and enterprise resource planning (ERP) systems.
Strong Microsoft Office skills.
Excellent written and verbal communication skills in
English.
Ability to work independently and in a team oriented
environment.
• To be more effective in his
position, an inventory coordinator should also be able to establish and
maintain good working relationships with other members of the company and
vendors.
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