Inventory Management Specialist

4 weeks ago

Sydney, New South Wales, Australia Device Technologies Australia Pty Ltd Full time
Job Title: Inventory Management Specialist

About Us:

Device Technologies Australia Pty Ltd is a leading provider of medical solutions and services. Our company has been dedicated to improving patients' lives through leading-edge technology and services since 1992.

Job Summary:

We are seeking an experienced Inventory Management Specialist to oversee all inventory management across our sites. The successful candidate will ensure quality control in various processes such as receipting, stocktaking, and more. This role will lead an inventory team, support lifecycle management, optimize returns processing, and manage excess and slow-moving inventory.

About You:

At Device Technologies Australia Pty Ltd, we succeed through our commitment to four key values:

* Delivering Innovation – We encourage and reward fresh ideas and are committed to supporting our people to make change.
* Seeking Collaboration – We support each other in our combined mission to help others achieve their goals.
* Taking Ownership – We believe in equipping our people to take responsibility and accountability in their roles and trust them to get the job done.
* Practising Good Business – Our success is built on a mix of intuition and experience and we foster an environment where all voices are heard and nobody is afraid to make mistakes.

Key Responsibilities:

* Leads a team that works closely with distribution centers to drive correct stock levels; work with stakeholders on inventory health activities from service improvement, supply issues and service risk mitigation to inventory health improvement activities and partners with Finance and Operations team to ensure site inventory accuracy is maintained and in compliance with auditors and inventory policy.
* Accountable for delivering contracted KPI's pertaining to inventory control
* Utilizes analytics in identifying and liaising with stocking locations to centralize and share inventory
* Oversee reconciliation of SAP and WMS (Blu Yonder)
* Lead, communicate, coach the team on-site, Inventory controllers in secondary warehouses on stock accuracy and quality
* Manages a team that supports Identifying and investigation of all stock discrepancies and reporting
* Plans and executes annual stock take and cycle count process in collaboration with the business. Analyses results and provides recommendations to improve inventory health.

The Team:

* Maintains WMS database in terms of parity between systems and report KPI variances
* Accountable for compliance and integrity of Stock conversions/adjustment transactions
* Assist with stock takes including scheduling, updating procedures, and reconciliation resources
* Recommend changes to systems and procedures to improve the overall inventory accuracy
* Provides Reporting and analytics around inventory that support decision making.
* Proactively assess non saleable product to achieve resolution including disposition management of SLOB materials
* Governance
* Develops and maintains processes to ensure consistency of stock control procedures and systems downtime
* Develop procedure and ensures compliance across Distribution center daily cycle counts and storage location checks
* Assist with training of inventory control concepts and methods of measurement and improvement
* Educates and train the Inventory teams and other relevant stakeholders in conforming to company and site operating procedures

Process Improvement:

* Plan inventory improvement initiatives which drive seamless execution of E&O & scrap reduction activities across all locations
* Identify areas of improvement and establish innovative or adjust existing work procedures and practices. Inclusive of technology that supports efficient Inventory management
* Recommend changes to systems and procedures to improve the overall inventory accuracy

Financial Management Responsibilities:

* Assist in the preparation of annual budgets.
* Manage Department expenditure in line with set budgets, based on volume driven activities.
* Maintain a compliant, efficient, and cost-effective operation

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