Inventory Replenishment Analyst at Blue Label Telecoms

JOB PURPOSE

We are seeking a highly organized and detail-oriented Assistant Inventory Manager to join our team. In this role, you will play a crucial part in managing our inventory of token-of-value products, ensuring that our supply chain operates smoothly and efficiently. The Inventory Replenishment Analyst will work closely with the Inventory Manager to optimize stock levels, reduce costs, and improve overall inventory management processes.

RESPONSIBILITIES

Inventory Control 

• Assist in maintaining accurate inventory records, including regular cycle counts, reconciliations, and adjustments to ensure inventory accuracy

Stock Replenishment

• Monitor stock levels and collaborate with the Inventory Manager to determine optimal reorder points, replenish stock, and prevent stockouts or overstock situations

Supplier Communication

• Work closely with suppliers to ensure timely deliveries, resolve discrepancies, and negotiate favorable terms to optimize inventory costs

Data Analysis

• Analyze inventory data and trends to identify opportunities for process improvements, cost reduction, and demand forecasting accuracy

Quality Control

• Collaborate with Quality Assurance teams to ensure that products meet quality

Reporting

• Prepare regular inventory reports for management, highlighting key performance indicators, stock levels, and any potential issues or opportunities

Process Improvement

• Continuously seek ways to enhance inventory management processes, streamline workflows, and reduce operational costs while maintaining product quality

Team Collaboration

• Work closely with cross-functional teams such as Sales, Finance, and Product to ensure seamless inventory operations and support business growth
• Retail Planning, forecasting supply and demand

Requirements:

SKILLS

• Strong analytical skills with the ability to interpret data and make informed decisions
• Proficiency in inventory management software and Microsoft Excel
• Excellent communication and negotiation skills
• Detail-oriented with a focus on accuracy
• Ability to work in a fast-paced and dynamic environment
• Strong problem-solving and critical-thinking abilities

EDUCATION

• Matric
• Diploma in a Supply Chain & Logistics or related field

EXPERIENCE

• Three (3) years retail supply chain experience
• Proven experience in inventory management or related roles
• Knowledge of supply chain principles is a plus