29 Feb 2024

Inventory and Stores Manager at Family Bank Ltd

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Job Description

Family Bank (formely Family Finance Building Society) was registered as a Building Society in October 1984 in Kenya, under the Building Societies Act and commenced operations in the early 1985

About the job

  • Oversee the daily receiving and inspecting process of all incoming deliveries to ensure compliance with quality and quantity specifications.
  • Coordinate the verification of sample stationery presented by vendors against delivery notes to confirm the vendor’s ability to supply quality and specifications required.
  • Maintain accurate store records for all stocked items and coordinate periodical stock takes to ensure inventory accuracy.
  • Analyze stationery requisition forms received from branches and departments to ensure alignment with stock availability and demand.
  • Coordinate the supply of stationery to all branches and departments within the network, ensuring timely delivery and stock availability.
  • Generate monthly reports on stationery consumption for consumer branches/departments and share findings with relevant stakeholders.
  • Continuously monitor inventory stock levels and approve reservation orders for replenishment of stocks to prevent stock outs.
  • Continuously coordinate and seek approval to dispose of identified obsolete inventory, ensuring efficient utilization of resources, and minimizing unnecessary costs
  • Oversee the management of outsourced taxi/car hire services and bank-owned vehicles, including advising on lease versus buy options for motor vehicles.
  • Facilitate the preparation and presentation of transport reports as required, ensuring compliance with regulatory standards and internal procedures.
  • Coordinate recommended audit implementations and closure of audit issues raised by internal Audit, ensuring adherence to all regulatory requirements.
  • Enforce proper management of the bank fleet of vehicles, outsourced taxi, and car hire services at all times.
  • Facilitate the review and development of a long-term transport plan to optimize cost-effectiveness and efficiency.
  • Implement risk and fraud control mitigations to safeguard assets and minimize operational risks.
  • Any other official duties that may be allocated from time to time by management.

Requirements

Qualifications

  • Bachelor’s degree in business administration or a related field.
  • Minimum of 3 years’ experience in store and transport management, preferably in a bank.
  • Certification in Chartered Institute of Procurement & Supply (CIPS) is an added advantage.
  • Proficiency in using Enterprise Resource Planning (ERP) systems

Competencies and Attributes

  • In-depth knowledge of stock inventory management and control procedures
  • In depth technical knowledge of Inspection / verification procedures.
  • In-depth understanding of storage functions & all the activities involved in storekeeping and stock control.
  • Technical knowledge of stores layout / warehousing management.
  • In-depth knowledge of required quality standard specifications of stationery and other consumables.
  • In depth knowledge of transport, fleet management & logistics.
  • General awareness of the Bank’s products and services.
  • General awareness of the bank’s operating procedures




Method of Application

Submit your CV, copies of relevant documents and Application to:

[email protected]

Use the title of the position as the subject of the email

Closing Date : 6 March. 2024





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