Forecasting supply and demand to prevent overstocking and running out-of-stock (OOS)
Submitting purchase details (vendors information, invoices, and pricing) to internal databases
Ensure purchases do not exceed budget.
Conduct regular inventory audits.
Liaise with warehouse staff and other internal teams to test products’ quality (status upon delivery and storage conditions).
Keep updated inventory records (including daily shipments).
Ensure that goods inward / stock control department is well organised and controlled to sufficiently support production and the goals of the business.
Control & Record Inventory Movement within the Factory Premises.
Manage control measures to ensure mistakes, inaccuracies and discrepancies are highlighted, addressed, and resolved.
Manage and maintain the company’s material and stocked product inventory including stock profiles and stock locations.
Provide routine management information on inventory performance
Monitor and evaluate consumables usage & costs
Monitor & evaluate material utilization and scrap
Inventory valuation
inventory control.
inventory Accounting .
Inventory Planning.
Ability to reconcile stock counts to report data.
Database management skills.
Ability to analyze and solve problems.
Ability to prepare routine administrative paperwork.