Inventory Manager at Tonia Pharmacy Limited

Responsibilities
Inventory Planning & Control:

• Develop and implement effective inventory management policies and procedures.
• Monitor and maintain optimal stock levels to meet operational and customer demands.
• Plan and forecast inventory requirements based on sales trends and seasonal demands.
• Conduct regular cycle counts and reconcile discrepancies.

Stock Monitoring & Tracking:

• Oversee the receipt, storage, and dispatch of goods.
• Maintain accurate inventory records in the system and ensure timely updates.
• Track inventory movement, stock transfers, and adjustments.
• Implement and maintain barcoding, labelling, and tracking systems.

Loss Prevention & Compliance:

• Identify and investigate stock variances, shortages, and damages.
• Implement controls to minimize loss, theft, or damage.
• Ensure compliance with company policies, safety regulations, and industry standards.

Reporting & Analysis:

• Prepare and submit daily, weekly, and monthly inventory reports.
• Analyze inventory data to identify slow-moving, obsolete, or excess stock.
• Recommend strategies to optimize stock turnover and reduce holding costs.

Team Leadership & Coordination:

• Supervise and train inventory officers, storekeepers, and warehouse assistants.
• Coordinate with procurement, sales, and production teams for stock requirements.
• Assign tasks and monitor performance to ensure efficiency.

Key Performance Indicators (KPIs)

• Inventory accuracy rate (%).
• Stockout frequency and duration.
• Stock turnover ratio.
• Shrinkage and loss percentage.
• Timeliness and accuracy of inventory reporting.

Qualifications & Skills
Education & Certification:

• Bachelor’s degree in Supply Chain Management, Business Administration, Logistics, or related field.
• Professional certification (e.g., CIPS, APICS, CSCP) is an advantage.

Experience:

• Minimum of 3–5 years of experience in inventory or warehouse management, preferably in [industry type, e.g., pharmaceuticals, FMCG, manufacturing].
• Proven track record of managing inventory systems and stock control processes.

Technical Skills:

• Proficiency in inventory management software (e.g., Odoo, SAP, QuickBooks, or ERP systems).
• Strong Microsoft Excel skills for data analysis and reporting.
• Knowledge of warehouse safety and storage best practices.

Soft Skills:

• Excellent organizational and multitasking abilities.
• Strong attention to detail and accuracy.
• Problem-solving and analytical thinking.
• Leadership and team management skills.
• Good communication and interpersonal skills.