supply Management Team Leader

About The JobGrace Construction Chemicals is a leading Ethiopian chemical manufacturing company that produces high-quality waterproofing chemicals, concrete admixtures, and finishing products. Operating under the brand name Darma, we provide specialized solutions to strengthen, protect, and restore structures across the country.Job title- Management Team Leader Terms of employment-Full timeLocation-DukemSalary and Benefits-Attractive salary with additional benefitsRequired No. 1Key Roles & ResponsibilitiesInventory Planning and Forecasting:

• Lead the team in developing and executing inventory plans to meet demand without overstocking or understocking.
• Use historical data, sales forecasts, and market trends to anticipate demand and optimize inventory levels.
• Collaborate with sales, production, and procurement teams to align inventory plans with business needs and customer requirements.

Inventory Control and Optimization:

• Monitor stock levels and track inventory movements (incoming and outgoing) to ensure accurate and efficient inventory management.
• Ensure that inventory turnover rates are optimized to reduce holding costs and minimize excess stock.
• Implement strategies to improve stock accuracy, such as cycle counting, regular stock audits, and advanced inventory management software.

Supply Chain Coordination:Coordinate with suppliers, vendors, and internal teams to ensure smooth procurement processes and timely replenishment of inventory.

• Work closely with logistics teams to ensure timely and cost-efficient transportation and storage of goods.
• Manage relationships with suppliers to negotiate lead times, delivery schedules, and terms of service to optimize inventory levels.

Team Leadership and Development:

• Lead, train, and motivate a team of inventory planners and controllers, ensuring they understand inventory control practices and align with company goals.
• Set performance targets for the team, conduct performance reviews, and provide constructive feedback.
• Foster a collaborative and solution-oriented environment within the team to improve processes and achieve organizational objectives.

Data Analysis and Reporting:

• Analyze inventory data, key performance indicators (KPIs), and trends to make informed decisions regarding inventory procurement and stock management.
• Prepare and present regular inventory reports to senior management, highlighting inventory status, discrepancies, and potential risks.
• Use data-driven insights to recommend improvements in inventory processes, cost-saving measures, and performance optimization strategies.

Process Improvement and Efficiency:

• Continuously assess and improve inventory management processes to reduce costs, improve stock turnover, and minimize waste.
• Implement or recommend the adoption of technologies and systems, such as Enterprise Resource Planning (ERP) or Warehouse Management Systems (WMS), to streamline inventory management.

Risk Management and Compliance:

• Identify and address potential risks related to inventory, such as stock outs, obsolescence, or supply chain disruptions.
• Ensure compliance with legal, regulatory, and industry standards regarding inventory storage, safety, and reporting.
• Develop and enforce inventory control policies and procedures, ensuring adherence to best practices.

Collaboration with Other Departments:

• Work closely with procurement, sales, finance, and production teams to ensure alignment between inventory levels and business goals.
• Collaborate with the finance team on cost control, inventory valuation, and auditing.