Inventory Control Manager
Nesma Trading
Total years of experience :16 years, 1 Months
•Prepare inventory documentation: this involves accurately recording type, quantity, quality, and other features of inventory for a clear understanding of the state of the stocks
•Approve stock adjustments resulting from stock count, wrong entries or petty cash purchased materials.
•Approve and process transfer orders from project to another or to central warehouse after checking the proper documents.
•Set up operation standards for all subordinates to follow
•Ensure proper management of aging and excess stocks
•Provide assistance and direction to colleagues and subordinates when required
•Report and analyze data and present results to senior managers when necessary
•Manage a team of inventory counters
•Design strategies to minimize the cost or time required to move goods.
•Reporting to purchasing Manager
•Reviews and approves purchase orders up to a specified amount.
•Responsible for the evaluation of vendor reliability; manage the surveying of vendors to maintain adequate working relationship
•Negotiate prices and terms with suppliers
•Verification of items receiving or services rendered v/s ordered items.
•Responsible for processing payment requests forms to Accounts Payable unit with relevant documents.
•Approving invoices received from suppliers and subcontractors.
•Perform warehouse inspection and ensure good level of stocks.
•Arrange and track inventory and transfer orders.
•Coordinate with the finance department to ensure timely payments to suppliers
•Handle overseas shipment
•Negotiate contracts with suppliers specifying quality, quantity and delivery schedules
•Prepares, analyzes, and negotiates Requests for Proposals (RFP) with suppliers for efficient delivery of products tracks and develops reports to identify progress of cost saving initiatives and process efficiencies
•Monitor market changes, competitor prices and products, and past sales patterns to forecast future demands.
•Source new products and alternative suppliers
•Control stock levels by varying delivery schedules or recommending clearance sales
•Preparing monthly, weekly or daily sales analysis.
•Preparing proposals, agreements, sales reports, and presentations.
•Arrange suitable shipment method for both incoming and out going orders.
•Following up on economical results, daily sales, budget, and purchases.
•Distribute and control the work load of the section, determining priorities to meet daily target.
•Contacting suppliers for negoiating weekly promotional rental as well as yearly contracts.
•Analyzing sales by families, and give priority displays for high selling and profit items.
•Avoid having any slow moving items or sleeping stock which will affect the section performance.
•Managing supervisors, staff and merchandisers schedule.
•Regularly managing stock takes in both selling area and warehouse.
•Raising daily regular and promotional orders.
•Organizing and arranging warehouse to provide easy access to stocks.
•Ensure the availability of safety stock, as well as different varieties to satisfy all customers.
•Having regular meetings with supervisors and staff to keep them updated to all changes.
•Raising orders of all hard goods, FMCG direct to store suppliers by comparing sales and stocks.
•Being updated to all promotion activities and raising up promotion orders.
•Ensuring good shelf availability in the store.
•Maintain files and records of materials, prices, inventories and deliveries.
• Establish and ensure compliance with company purchasing strategies, policies, standards and practices
•Contacting trading group for any new supplier introduced to the market.
•Continuous check for the monthly purchasing budget.
•Follow up return orders by contacting suppliers.
•Ensure that purchase orders reach suppliers through proper channels (fax & e-mail) and deliveries occur on time.