Inventory Manager at Maersk Line

Opportunity

• Would you like to be part of a value-driven, commercially oriented international environment where we enable global trade every day? We have an opportunity for a Inventory Manager that will drive global Warehouse execution standards within Warehouse and Distribution environment.

WHAT WE OFFER:

• When you join Maersk, you’ll find that the world is your workplace. You’ll work in a culturally diverse, stimulating environment, surrounded by new ideas and different ways of doing things. We believe in individual performance within highly professional teams supported by our distinctive values. To us teamwork means acceptance, respect, dedication, and the idea that we can achieve more when we all pull together. Living our values means competing in the marketplace in an ethical way so our name is synonymous with being a credible and valuable business partner.
• Through Constant Care and Humbleness, we strive to prepare for the future, while never forgetting that our customers and competitors are key to our ability to improve. In our daily work Uprightness and Our Employees mean that transparency and accountability in everything we do go hand in hand with being an inspiring, challenging place to work. At Maersk, we take pride in hiring the best person for the job – irrespective of gender, age, nationality, or religious belief.

KEY RESPONSIBILITIES:

Inventory Management: 

• Oversee and manage daily inventory operations, ensuring accurate and efficient receipt, storage, and dispatch of goods. 
• Ensure proper labelling, storage, and documentation of inventory items. 
• Maintain accurate inventory records and reconcile inventory records with financial statements. 
• Conduct regular audits and stock counts, including Semi-Quarterly Financial wall-to-wall counts and daily cycle counts. 
• Identify and address inventory discrepancies, taking corrective action as necessary. 
• Implement and maintain inventory management procedures and policies. 
• Develop and maintain effective inventory control procedures to ensure stock accuracy and availability. 
• Monitor inventory levels and report back on out of stock and overstocking risks.
• Always ensure strict FIFO management through regular audits
• Manage batch control and obsolete stock within the warehouse.
• Ensure system to system alignment between WMS and customer ERP.
• Oversee regular inventory audits, cycle counts, and reconciliation processes.  
• Analyze inventory data and generate regular reports for management. 

Warehouse Operations: 

• Coordinate with Warehouse management to ensure accurate receiving and dispatching. 
• Ensure inventory is properly stored in designated locations based on size, weight, and fragility. 
• Monitor and optimize storage space, consolidating inventory where necessary to free up space. 
• Conduct regular inspections of aisles for damaged stock, locations, and packaging issues. 

System Management: 

• Implement and manage the Warehouse Management System (WMS) to streamline inventory processes. 
• Ensure all personnel are trained and proficient in using the WMS. 
• Regularly review and update WMS data to ensure accuracy. 
• Utilize WMS to generate reports on inventory levels, stock movements, and discrepancies. 

Reporting and Analysis: 

• Generate and analyze inventory reports, including warehouse utilization reports and process improvement logs. 
• Communicate findings and recommendations to the Site Manager, the Customer and other relevant stakeholders. 
• Monitor key performance indicators (KPIs) related to inventory management, such as stock accuracy, on-time delivery, and damage rates. 

Compliance and Safety: 

• Ensure compliance with all relevant regulations, industry standards, and company policies related to inventory management. 
• Implement and enforce health, safety, security, and environmental (HSSE) protocols within the warehouse. 
• Conduct risk assessments and develop strategies to mitigate potential hazards in inventory management. 

Team Leadership: 

• Lead and mentor the inventory management team, including cycle counters and inventory control staff. 
• Conduct performance reviews and provide training and development opportunities. 
• Foster a culture of continuous improvement and operational excellence within the team. 

WHO WE ARE LOOKING FOR

Someone with:

• 5 years of experience in inventory management, preferably in a multi-principal warehouse environment. 
• Diploma in Supply Chain, Inventory, Logistics, Business Administration, or a related field preferred.
• Proven experience with Warehouse Management Systems (WMS) and inventory control software and advance Microsoft Excel skills
• Strong analytical skills and attention to detail. 
• Excellent organizational and leadership abilities. 
• Knowledge of relevant regulations, industry standards, and best practices in inventory management. 
• Strong communication and interpersonal skills. 

Advantageous Skills: 

• Experience with SAP, Oracle, or other advanced WMS platforms. 
• Familiarity with lean warehouse practices and continuous improvement methodologies.
• Experience in conducting a proper Root Cause Analysis (RCA) using the 5Why’s.