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Manager - Inventory

Division:  Operations
Department:  Supply Chain and Logistics
Company:  Red Sea Global

Job Purpose

To develop, oversee, support and manage the SC&L Inventory Department, leading various initiatives which include maintaining accurate records of inventory and stock management systems, formulating budgets, providing financial analysis and projections to be used in decision-making and planning, and ensuring the regulation of in-stock level complies with inventory parameters and ensuring data is correctly captured.


Job Responsibilities

  • Manage replenishment/reordering to ensure fulfilment service levels are maximized, while minimizing inventory on hand and risk
  • Oversee and audit physical counts and ensure all inventory is accounted for and reported according to company policy.
  • Maintain adequate inventory levels to meet customer demand.
  • Investigate and correct discrepancies in reported quantities and locations of all inventory.
  • Assess inventory output on a daily, weekly, or monthly basis to identify trends in productivity.
  • Monitor warehouse and 3PL cycle counts of product inventories on a regular basis.
  • Lead in developing practices and systems to enhance inventory accuracy.
  • Monitor date-sensitive products for expiration and facilitate removal or transfer of product as needed
  • Perform process and system testing and track performance to locate and solve problems in data integrity, productivity, and efficiency
  • Ensure implemented SOP’s are adhered to and no deviation takes place.
  • Execute inventory control measures to ensure the company minimizes stock shrinkage.
  • Perform inventory controls and material management procedures to ensure accountability.
  • Inventory controls systems to be captured related to damaged goods returns.
  • Perform, develop and implement improved flow processes to improve efficiency.


Qualification and Experience

  • A bachelor's degree in accounting, finance, business, commerce, or related degree.
  • Professional accounting or finance qualification ie CPA, SOCPA, CA, CFA, ACCA etc.
  • Knowledge of accounting/financial/operational principles.
  • No less than 5+ years total experience, including 2-3 years of experience in Supply Chain, Logistics or other operational organizations.
  • Experience in dynamic high-volume transactional environment
  • Experience with SAP S/4 Hana and SAP Cloud Analytics (SAC) preferred.