Senior Inventory Controller

RESIDENT STATUS: Transferable

SUPERVISOR/MANAGER: Finance Manager

Main Duties/Responsibilities

• – Manage and oversee the entire inventory management process for the factory, ensuring optimal stock levels, inventory control, and material flow
• – Develop and implement comprehensive inventory management policies, procedures, and best practices to maintain efficient and cost-effective inventory operations
• – Collaborate with production, procurement, and logistics teams to forecast, plan, and manage inventory levels based on production schedules, sales forecasts, and lead times
• – Monitor and analyze inventory data, including stock levels, usage patterns, turnover rates, and stock discrepancies, to identify areas for improvement
• – Establish and maintain effective inventory control systems, including cycle counting, ABC analysis, and perpetual inventory management
• – Optimize inventory storage and handling procedures, including warehouse layout, material handling equipment, and inventory storage methods
• – Manage and coordinate the receiving, storage, and distribution of raw materials, work-in-progress, and finished goods to ensure timely delivery and minimize operational disruptions
• – Oversee the maintenance of accurate and up-to-date inventory records, ensuring the integrity and reliability of inventory data
• – Identify and implement process improvements, technologies, and systems to enhance inventory visibility, accuracy, and efficiency
• – Develop and monitor key performance indicators (KPIs) to measure the effectiveness of inventory management, and take corrective actions as needed
• – Collaborate with cross-functional teams to align inventory management strategies with production, sales, and financial objectives
• – Ensure compliance with relevant regulations, industry standards, and internal policies related to inventory management
• – Provide training and guidance to inventory control personnel on best practices, systems, and procedures
• – Prepare and present inventory performance reports to management, highlighting trends, issues, and recommendations

Qualifications

SKILLS & EXPERIENCE

• – Bachelor’s degree in Supply Chain Management, Logistics, Operations, or a related field
• – Professional certification in inventory management, such as APICS CPIM or CLTD, is preferred
• – Master’s degree in a relevant discipline is an advantage

Experience

• – Minimum 10 years of progressive experience in inventory management, preferably in a manufacturing or industrial environment
• – Demonstrated expertise in developing and implementing comprehensive inventory management strategies and best practices
• – Proficient in the use of inventory management software, ERP systems, and data analysis tools
• – Thorough understanding of inventory control techniques, such as ABC analysis, just-in-time (JIT) inventory, and lean manufacturing principles

Soft Skills

• – Strong problem-solving and analytical skills to identify and address inventory-related issues
• – Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams
• – Ability to make data-driven decisions and provide well-reasoned recommendations
• – Attention to detail and a commitment to accuracy in inventory management
• – Adaptability to changing business requirements and inventory management best practices
• – Strategic thinking and the ability to align inventory management objectives with broader organizational goals

Technical Skills

• – Proficiency in inventory management software, ERP systems, and data analysis tools
• – Expertise in inventory planning, forecasting, and optimization techniques
• – Knowledge of warehouse management systems, material handling equipment, and storage methods
• – Understanding of production planning, procurement, and logistics processes and their impact on inventory management
• – Familiarity with lean manufacturing principles and techniques to drive inventory optimization