Inventory Executive
1 week ago
Position Overview:
An Inventory Executive is responsible for overseeing the inventory management processes within a company, ensuring accurate tracking, replenishment, and optimization of inventory levels.
They play a crucial role in maintaining adequate stock levels to meet customer demand while minimizing excess inventory and associated costs.
Key Responsibilities:
Inventory Management:
- Monitor inventory levels and track stock movements to ensure accuracy and timely replenishment.
- Implement inventory control procedures to minimize stockouts, overstock situations, and obsolete inventory.
- Conduct regular stock audits and cycle counts to verify inventory accuracy and address discrepancies.
Supplier Management:
- Liaise with suppliers to place purchase orders, track order status, and ensure timely delivery of goods.
- Negotiate pricing, terms, and contracts with suppliers to optimize inventory costs and maintain quality standards.
- Evaluate supplier performance and address any issues related to product quality, delivery delays, or discrepancies.
Inventory Analysis and Reporting:
- Generate reports on inventory levels, stock turnover rates, and inventory aging to provide insights to management.
- Analyze inventory data to identify trends, variances, and opportunities for process improvement.
- Prepare inventoryrelated KPIs and metrics for performance monitoring and decisionmaking purposes.
Qualifications:
- Bachelor's degree in supply chain management, logistics, business administration, or a related field.
- Proven experience in inventory management, procurement, or supply chain operations, preferably in a similar industry or role.
- Strong analytical skills and attention to detail.
- Excellent communication, negotiation, and problemsolving abilities.
- Ability to work independently and collaboratively in a fastpaced environment.
- Knowledge of inventory control principles, forecasting techniques, and supply chain best practices.
Pay:
RM2, RM3,500.00 per month
Benefits:
- Dental insurance
- Free parking
- Meal allowance
- Opportunities for promotion
- Parental leave
- Professional development
Schedule:
- Monday to Friday
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