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  • Posted: Mar 1, 2021
    Deadline: Not specified
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    Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading African corporate and investment bank and part of one of the largest financial services groups in Africa. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions. As the corporate and investment banking arm of Firs...
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    Central Stores Manager (Inventory & Logistics experience)

    Plan, direct, control and coordinate activities of team concerned with ordering, receiving, storing inventorying, issuing materials and / or supplies in central stores. Advise employees on care and preservation of items received and storage methods; use of equipment in handling, storing, maintaining stock; and related problems. Reviews records for accuracy of information and compliance with established procedures.

    Responsibilities:

    Inventory Management

    • Controls inventory levels by conducting physical counts and reconciling with data storage system
    • Plan and control all inventory to ensure sufficient inventory at any given time in line with forecasting stats
    • Control all incoming inventory with reference to quality, quantity and requirements as reflected on the purchase order
    • Develops warehouse operations systems by deciding product handling and storage requirements; developing, implementing, enforcing, and evaluating policies and procedures; developing processes for receiving product, equipment utilisation and inventory management
    • Develops warehouse operations system improvements by analysing process work flow, manning and space requirements, and equipment layout and implementing changes.

    Financial Control            

    • Identify losses as a result of wastage and incorrect or excessive purchases and flag these issues timeously
    • Studies records and recommends remedial actions for reported non-usable, slow moving and excess stock
    • Monthly reporting on stock usage levels and distribution to financial team
    • Meets warehouse operations financial goals by forecasting requirements; preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.

    Service and relationship management   

    • Safeguard storeroom operations and contents by setting up and monitoring security procedures and protocols.
    • Complies with relevant stores warehousing and handling requirements by staying abreast of existing and new legislation; enforcing adherence to requirements and recommending needed actions to management
    • Maintain safe and healthy work environment by establishing, following, and enforcing standards and procedures, in line with legal regulations.
    • Establish and manage relationships with all service providers
    • Develop solutions to leverage stock volumes and systems
    • Management customer service activities including order entry and customer satisfaction

    Team management

    • Manage team by executing line manager responsibilities and create an environment that encourages employee growth and performance excellence
    • Responsible for coaching, counselling, and disciplining employees; planning, monitoring, and appraising job results.

    ROLE RELATIONSHIPS

    • Business Managers and Leaders
    • Third party suppliers and vendors

    MINIMUM QUALIFICATIONS AND EXPERIENCE

    • Diploma with 3 – 5 years related experience
    •  3 - 5 years hands-on experience with staff management, stores management and inventory control
    • Stores and logistics background essential
    • Understanding of labour legislation
    • Experience with receving, storing, issuing IT equipment

    Method of Application

    Interested and qualified? Go to Rand Merchant Bank on www.linkedin.com to apply

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