Stock Assurance Executive (225-923)

The Stock Assurance Executive plays a critical role in ensuring that a company's inventory is maintained at optimal levels to meet customer demands while minimizing excess stock that could lead to increased costs. They must efficiently manage and monitor stock levels, perform regular audits, and collaborate with various departments to ensure a seamless supply chain process. This position requires keen attention to detail, strong analytical skills, and the ability to work under pressure. The ideal candidate is proactive, highly organized, and committed to maintaining accurate and up-to-date inventory records that are crucial for the operational success of the company.

Responsibilities

• Monitor and manage inventory levels to ensure optimal stock levels are maintained.
• Conduct regular stock audits to ascertain the accuracy of inventory records.
• Collaborate with procurement and sales teams to forecast demand and adjust stock orders accordingly.
• Develop and implement policies and procedures for effective inventory management.
• Analyze trends in sales data to identify discrepancies and potential improvements.
• Report on inventory levels, discrepancies, and issues to management regularly.
• Coordinate with suppliers and vendors to ensure timely delivery of stock.
• Utilize inventory management software to maintain accurate and current inventory records.
• Identify and resolve issues related to overstocking or understocking of products.
• Ensure compliance with relevant policies and procedures for inventory handling.
• Provide support during audits and work closely with auditors as required.
• Train and guide other staff members on effective stock management practices.

Requirements

• Bachelor's degree in business administration, supply chain management, or a related field.
• Proven experience working in inventory management or a similar role.
• Strong analytical skills and attention to detail for accurate inventory tracking.
• Excellent communication skills, both written and verbal, for effective cross-departmental collaboration.
• Proficiency with inventory management software and Microsoft Office Suite.
• Ability to work under pressure and meet deadlines in a fast-paced environment.
• Strong problem-solving abilities and a proactive approach to resolving inventory issues.