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  • Posted: May 26, 2023
    Deadline: Not specified
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    We are the only company in South Africa that partners with the South African Reserve Bank to collect all new banknotes and coins for distribution. We work closely with our four shareholding banks and customers Absa Group Limited, First National Bank, the Standard Bank of South Africa Limited and Nedbank Limited. We use the latest technology to count and ...
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    Supply Chain Consultant - Houghton

    Coin Demand and Supply Forecasting

    • Forecasting, ordering and managing coin supply from SARB/Mint based on historical demand and supply trends – 18 month, annual, monthly forecasts, etc.
    • Timeously submit forecasted orders to SARB in terms of a logistical plan broken down per denomination and cash center. Co-ordinate rolling forecasts by tracking the movements and liaising with various stakeholders. Track forecasts against actual orders and provide details on any significant variances.

    Coin Distribution Planning

    • Scheduling Mint orders based on regional demand and collaborative planning with the cash centers, CIT and processing functions. This includes managing the supply of promotional/limited edition coins to the market. 
    • Co-ordinate, track, and monitor logistics plans and make changes accordingly.
    • Monitoring and managing inventory levels, capacity constraints and stock variances. Additionally, ensuring that costs are optimized, and budget requirements are set and adhered to.
    • Managing the effective clearances of necessary coins nationally.
    • Approving of secondary coin orders, ensuring compliance, and highlighting any issues.

    Float Administration

    • Assist with the confirm GL's and volumes with service providers and representatives from the banks and consolidate on a monthly basis.
    • Assist with accurately and timeously complete and submit the host float calculation monthly, and triggering of the settlement, within the stipulated timeframes.
    • Assist with the distribution of total bank positions from Host Float Calculation to PCH for industry sign off.
    • Assist with attending and participating in PCH committee meetings and forums, ensuring that PCH rules are being adhered to where applicable, and that functions take place optimally.
    • Assist with liaising with all relevant stakeholders, providing support around settlement issues/disputes and operational queries.

    Continuous Improvement

    • Optimization and identification and implementation of improvements within the value supply chain, wherever possible.
    • Assistance with ad-hoc projects and requests.
    • Ensure that all processes, data required, etc. is current, comprehensive and accurate.

    Reporting

    • Generating various reports and distributing all necessary information on a monthly basis, or when required.
    • Provide frequent and accurate reporting on forecast plans and trends.
    • Attendance and participation in stakeholder engagements (monthly industry sessions, etc.)
    • Responding to any data or reporting requests or queries.

    NB: Communication will be limited to shortlisted applicants only.

    SBV recruitment is committed to transformation and diversity alignment.

    Requirements

    • 5 years’ experience in a similar role including:
    • 5 years’ experience in forecasting, planning and statistical analysis
    • 1 year experience in process engineering
    • 1 year knowledge on budgets
    • Exposure to forecasting software will be an advantage
    • Own transport

    Minimum Requirements: Education

    • 4 year Degree in Industrial Engineering (BEng/BSc (Engineering)

    Method of Application

    Interested and qualified? Go to SBV Services (Pty) Ltd. on sbv.mcidirecthire.com to apply

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