Inventory Executive
2 weeks 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 inventory-related KPIs and metrics for performance monitoring and decision-making 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 problem-solving abilities.
- Ability to work independently and collaboratively in a fast-paced environment.
- Knowledge of inventory control principles, forecasting techniques, and supply chain best practices.
Pay: RM2,500.00 - 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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