Stock Controller at Reeds Africa Consult

Key Responsibilities

Inventory Management & Control System Development

• Develop, implement, and continuously improve a robust stock control system tailored to the company's needs.
• Classify inventory based on movement (fast, slow, seasonal, critical) and apply stock control techniques such as ABC analysis.
• Define and maintain optimal stock levels, reorder points, and lead times to avoid stockouts and overstocking.
• Create and enforce standard operating procedures (SOPs) for receiving, storing, issuing, and tracking stock.

Stock Monitoring and Reconciliation

• Monitor stock movement daily, ensuring all stock transactions are recorded accurately in the inventory system.
• Conduct regular stock takes, cycle counts, and physical reconciliations to identify and resolve discrepancies.
• Track and report on slow-moving, damaged, expired, or obsolete items and recommend action.

Inventory System Management

• Manage inventory using stock management software (e.g., ERP or WMS), ensuring real-time updates and reporting.
• Utilize barcoding, labeling, and digital tools to streamline inventory processes.
• Generate regular inventory reports, including stock status, valuation, turnover, and trends.

Coordination and Communication

• Coordinate closely with procurement, warehouse, sales, and finance teams to ensure accurate demand forecasting and smooth stock flow.
• Communicate inventory issues and delays to relevant departments in a timely manner.
• Collaborate with suppliers and logistics teams to ensure timely delivery and proper documentation of goods.

Quality Assurance and Compliance

• Ensure proper handling and storage of household goods to maintain quality and prevent damage.
• Comply with internal inventory control policies and external regulatory standards.
• Implement and monitor security measures to prevent inventory loss, theft, or mismanagement.

Reporting & Performance Analysis

• Develop and track key inventory performance metrics such as inventory accuracy, shrinkage rate, stock turnover, and order fulfillment rate.
• Analyze data to make informed recommendations on inventory optimization and cost-saving opportunities.
• Provide weekly and monthly reports to management with insights and improvement suggestion.

Job Requirements

Qualifications & Experience

• Diploma or Bachelor's degree in Supply Chain Management, Procurement, Business Administration, Logistics, or related field.
• Minimum of 3 years' experience in inventory or stock control, preferably in the household goods, retail, or FMCG sector.
• Experience implementing or managing inventory management systems.
• Familiarity with warehousing practices and regulatory compliance is a plus.