Raw Materials Inventory Analyst

SUMMARY:
Leading pharmaceutical manufacturer requires an experienced Raw Materials Inventory Analyst.  Applicants who apply must have FMCG or pharmaceutical manufacturing industry experience including raw materials and BOM.

POSITION INFO:
Qualifications & Experience Required
Grade 12 and Diploma / Degree or previous training in Inventory / Stock Management
At least 5 years experience in Inventory / Stock Management
FMCG or pharmaceutical industry experience is essential
Manufacturing industry, raw materials and BOM experience is essential
Comprehensive understanding of inventory control
In depth knowledge of managing inventory in a "contract manufacturing environment" with various manufacturing facilities
Thorough knowledge and understanding of inventory movements translated into financial records

You will manage and continuously improve inventory control processes that ensure accurate, timely recording and movement of stock across all warehouses.
The role is accountable for driving inventory accuracy, maintaining a reliable audit trail for all transactions, and delivering high-quality, on-time inventory reports that support operational decision-making.
Accuracy, speed, attention to detail and pressure-resilience person is key !!
REAL understanding of the Stock / Inventory Control process is critical (someone with an accounting aptitude / financial experience);
The potential candidate must be assertive, an effective communicator, and a team player.

MANUFACTURING experience is a must; the candidate must understand bills of material, inventory control of raw products and the processes and procedures that go hand-in-hand with it.

Challenge existing protocols and to implement inventory control systems that will accurately and efficiently record the movement and storage of raw material and finish products for all external and internal warehouses.
Conduct weekly cycle counts and periodic stock takes to measure inventory accuracy, to identify variances, to investigate the root cause of variances and to take appropriate corrective action to eliminate variances from re-occurring.
To develop and distribute meaningful inventory reports that will assist the organization to make proactive decisions related to inventory.
Maintain inventory master data to ensure accuracy through a structured, validated process

Inventory Movement:
To ensure that all stock movements are captured accurately, on time, against valid documents while maintaining a clear and precise audit trail for every transaction. (Goods receipts/goods returns/goods manufactured/inventory
adjustments/inventory transfers).

Inventory Control:
To further develop the inventory protocols to ensure that all transactions related to inventory is managed through an organized, validated and auditable process

Inventory Accuracy:
To achieve inventory accuracy of 98% + through the development of sound procedures and corrective action taken
against root cause investigations that surface from cycle counts, stock takes and any other transactions that yield
variances.

Accurate/on-time reporting:
Timely provide management with accurate reports related to inventory status (internal and external warehouses) as well as all inventory activities