INVENTORY STAFF (MATERIAL PLANNER)
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Key skills for this role
About the Role
MH ALMUFTAH TRADING AND CONTRACTING is seeking an Inventory Staff (Material Planner) to maintain accurate inventory records, monitor stock levels, and coordinate replenishment. The role involves forecasting, ordering, conducting physical counts, and ensuring compliance with inventory policies.
Key Skills for This Role
Responsibilities
- Maintain accurate inventory records in the inventory management system
- Monitor stock levels and track stock movements including receipts, transfers, returns, and issuances
- Analyze historical sales and consumption trends to forecast inventory requirements
- Prepare purchase requisitions and coordinate with Purchasing Department for timely procurement
- Conduct daily, weekly, monthly, and annual physical inventory counts and reconcile with system records
- Generate inventory reports, stock aging reports, and stock movement reports for management
Requirements
- Maintain accurate inventory records
- Monitor stock levels and ensure inventory accuracy
- Conduct physical inventory counts and cycle counts
- Prepare purchase requisitions and coordinate with purchasing
- Generate inventory reports and variance analysis
Full Job Posting
Job Overview
- The Inventory Staff is responsible for maintaining accurate inventory records, monitoring stock levels, conducting inventory counts, forecasting stock requirements, and coordinating the ordering and replenishment of inventory to ensure the availability of materials and products while minimizing stoc
Key Responsibilities
- Maintain accurate inventory records in the inventory management system.
- Monitor stock levels and ensure inventory accuracy at all times.
- Track stock movements including receipts, transfers, returns, and issuances.
- Investigate and report inventory discrepancies, shortages, and variances.
- Analyze historical sales, consumption trends, and stock movement data.
- Forecast inventory requirements based on sales trends, seasonal demand, and project requirements.
- Recommend minimum, maximum, and reorder stock levels.
- Prepare inventory forecasts and stock planning reports for management review.
- Prepare purchase requisitions and stock replenishment requests.
- Coordinate with the Purchasing Department for timely procurement of inventory items.
- Monitor pending purchase orders and follow up on delivery schedules.
- Ensure adequate stock availability to prevent operational disruptions.
Additional Duties
- Conduct daily, weekly, monthly, and annual physical inventory counts.
- Perform cycle counts and stock verification activities.
- Reconcile physical inventory with system records.
- Prepare inventory count reports and variance analysis.
- Generate inventory reports, stock aging reports, and stock movement reports.
- Maintain proper filing and documentation of inventory transactions.
- Prepare management reports regarding stock status, shortages, excess stock, and slow moving items.
- Coordinate with warehouse personnel, storekeepers, and department heads regarding inventory requirements.
- Ensure compliance with company inventory control policies and procedures.
- Support internal and external inventory audits.
- Assist in implementing inventory control improvements and best practices.
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