· Manage and maintain the company’s material and stocked product inventory including stock profiles and stock locations with FIFO method
· Ensure the accuracy of raw material & stock by conducting internal audit.
· Minimize overstocks and removal of obsolete / redundant raw materials to maximize availability of working capital
· Ensure that goods inward / stock control department is well organized and controlled to sufficiently support production and the goals of the business.
· Ensure the raw material checking by Quality Department
· Ensure incoming product is receipted and managed appropriately according to company procedure.
· Ensure that any materials that are late or holding up production for whatever reason are chased and followed up until received
· Provide routine management information on inventory performance
· Monitor & evaluate material utilization and scrap
· Implement improvement processes and systems to reduce inventory, minimize costs and maximize working capital
· To ensure proper housekeeping
· Produce daily reports to ensure key critical areas of the stock system are controlled and any discrepancies addressed and resolved