Stanley Kiguru
Inventory Management
Talent
Nairobi, Nairobi AreaMember since December 28, 2022
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About
I am a 7 year experienced Inventory Management Specialist with a Bachelor of Economics & Finance Degree from Kenyatta University.
I have good experience with ERPs such as SAP, Microsoft Navision, Aspire Software, RMS, Core Backoffice, Ivend Retail, etc.
Additionally, I am highly proficient with key Microsoft applications such as Excel, PowerPoint, Word, Outlook and PowerBi as my data analysis, presentation and communication tools.
Experience
Jan 2022 - Date: Stock Controller - Text Book Centre LTD.
Roles:
- Overall inventory control and storage of materials, including reconciliation with data systems
- Developing and implementing inventory control systems and practices.
- Co-ordinate actual inventory counts and monitoring inventory levels.
- Audit inventory transactions for accuracy and timeliness to maintain high accuracy.
- Performing regular stock checks and reporting any issues to the line manager.
- Recommending process improvement plans for effectiveness and efficiency by developing inventory control SOPs while improving existing ones.
- Leading, coaching, and developing a team of stock control clerks.
- Stock optimization through aging and overstock analysis & control.
- Facilitating formal problem solving, root cause analysis and the implementation of corrective actions for all inventory discrepancies or related process failures.
- Developing specific metrics and KPI’s that provide the right insight into our inventory levels and accuracy.
Roles:
- Management & coordination of the daily merchandising operations of the stores.
- Ensuring stock holding checks with procurement and payables teams before purchase or payments.
- Supervising daily activities of the stock team.
- Determining and reporting stock shrinkage.
- Placement of SOPs to seal and minimize shrinkage levels.
- Maintaining accurate stock balances on and off the system.
- Developing and building high performing stock associates for the business.
Roles:
- Developing shrinkage control measures.
- Developing inventory analysis reports and analyzing variances.
- Monitoring inventory transactions and improvement of internal controls.
- Reconciling inventory accounts to the general ledger.
- Planning of annual and seasonal stock takes.
- Training branch staff and all stakeholders on the requisite inventory handling processes and procedures.
- Analyzing and compiling stock holding reports for top decision making.
- Monthly stock levels reporting while ensuring reasonable system valuation.
Roles:
- Inventory variance analysis and enhancing proper inventory movement controls.
- Monitoring inventory transactions.
- Periodic analysis of sales.
- Planning of branch physical cycle counts to correct system inventory.
- Verification of the raw stock take data collected before posting for analysis.
- Implementing shrinkage control measures.
Education
2010 - 2014: Bachelor of Economics & Finance, Second Class Upper Division - Kenyatta University.