Inventory Executive

1 week ago


Klang, Selangor, Malaysia JP Training & Consultancy Asia Pacific Full time

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.

Salary:
RM2, RM3,500.00 per month

Benefits:

  • Dental insurance
  • Free parking
  • Meal allowance
  • Opportunities for promotion
  • Parental leave
  • Professional development

Schedule:

  • Monday to Friday
Expected Start Date: 05/01/2024
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