MATERIAL INVENTORY CONTROLLER

Role Overview

Material Inventory Controller at NMDC Group. This role maintains optimum stock levels to meet end user requirements in a timely manner and at optimal inventory value.

Role Purpose

Maintain optimum stock to meet end user requirements in a timely manner and at an optimum inventory value using inventory ordering and replenishment procedures and policies to achieve optimization of inventory stock.

Key Responsibilities

Stock Replenishment

• Manage overall stock replenishment for main store and satellite warehouses based on MIN/MAX, MRP (Material Requirement Plan), SDV (Stores Demand Voucher), and TV (Transfer Voucher).
• Evaluate SRL (Stores Replenishment List) content to determine replenishment requirements and necessary stock level adjustments for min/max levels.
• Transfer material required to satellite stores through Transfer Voucher.
• Send SRLs to end users for periodical evaluation and stock adjustments.

Procurement & Ordering

• Prepare PR, normal PO, and contract long-term agreements and call of order based on SRL and SDV.
• Follow-up on outstanding, delay, and pending issues (Purchase Requisitions, Purchase Orders, call of orders) with Procurement department, expediter, and suppliers.

Stock Optimization & Analysis

• Evaluate stock item groups to determine stocks below and above min/max levels and take appropriate actions to adjust levels and eliminate ordering shortcomings.
• Optimize stock value and number of line items.
• Evaluate non-moving items.
• Track and monitor inventory levels and adjust in accordance with current market conditions.
• Perform stock adjustments to correct stocktaking discrepancies.

Inventory Audits & Reporting

• Conduct stock-taking throughout the year to cover all groups.
• Prepare statistical and status reports.
• Support internal and external audit with documentation and all requirements needed to conduct audits.

Organizational & Strategic

• Participate in driving change and innovation of the division.
• Assist in identifying and mitigating risks within the scope of the division and related to other division and department interfaces.
• Translate department targets into concrete and measurable goals for the division for timely achievement.
• Stimulate a result-oriented organizational culture by regularly sharing the division's performance and results.
• Take ownership of own objectives agreed upon and of the objectives of the division.
• Motivate and inspire colleagues to develop knowledge, skills, and competencies.
• Provide objective and constructive feedback in an appropriate way.

Team & Stakeholder Engagement

• Support internal and external stakeholder requirements effectively.
• Work within a team to effectively deliver organizational requirements and goals.
• Manage personnel with different cultural backgrounds.
• Show respect, flexibility, and loyalty towards colleagues throughout the organization.

Qualifications & Experience

• High School diploma with four years' experience in relevant role (material planner or inventory control).
• OR High School diploma and Diploma in Material Management with three years' experience in relevant role (material planner or inventory control).

Skills & Competencies

• Sound project management skills with capability to multi-task.
• Proven documentation and presentation development skills.
• Strong organizational skills including reporting and ability to prioritize and organize workloads to meet deadlines.
• Effective interpersonal skills including focus on teamwork, customer service, and communication with internal and external stakeholders.
• Good communication skills; effectively communicate thoughts, ideas, information, and messages in writing or verbally.
• Fair reporting and presentation skills.
• Accept objective and constructive feedback in an appropriate way.
• Ability to work within a team.
• Ability to translate organizational goals into actionable outcomes.