NANCY KINUTHIA
Inventory Control And Management
Nairobi,30
Summary
Experienced inventory specialist skilled in managing and optimizing inventory levels to drive operational efficiency and cost savings. Proficient in analyzing demand, implementing inventory planning strategies, and collaborating with cross-functional teams to ensure adequate stock levels. Strong expertise in data analysis, warehouse management, and the utilization of inventory management software and systems. Committed to continuous improvement and streamlining inventory processes to enhance supply chain performance. Ready to leverage skills to contribute to the success of an organization.
Overview
10
10
years of professional experience
29
29
years of post-secondary education
Work History
National Stock Controller
D.Light Limited
Nairobi, 30
2 2022 - Current
- Committed to continuous improvement and streamlining inventory processes to enhance supply chain performance.
- Enhanced inventory accuracy by conducting thorough stock audits and addressing discrepancies promptly resulting to 99.9% inventory accuracy.
- Maintained detailed records of all stock movements, providing valuable data for decision-making purposes.
- Performed root cause analysis on inventory discrepancies, implementing corrective actions for long-term resolution.
- Developed optimal replenishment strategies based on historical sales trends and anticipated demand fluctuations due to seasonal factors or promotional activities, increased revenue by 35%.
- Managed implementation of new inventory management system(Atlas), resulting in more accurate tracking and forecasting capabilities.
- Collaborated with purchasing department to ensure timely delivery of products and adequate stock levels, which resulted to reduced lead time by 28%.
- Assisted in budget preparation and forecasting activities by providing accurate inventory data and analysis of past trends.
- Participated in cross-functional teams to improve overall supply chain efficiency, including coordination between warehousing, transportation, and procurement departments.
- Streamlined stock management processes for increased efficiency and reduced waste.
- Supported sales team by ensuring product availability, contributing to higher customer satisfaction rates, lead time for stocks from main warehouse to customer was reduced to 48hrs from 60hrs.
Stock Control Manager
Builders Warehouse Limited
Nairobi, 30
11.2019 - 02.2022
- Managed inventory through various stock control techniques, operations, and systems.
- Coordinated with managerial teams in controlling inventory through stock control policies and accountability measures.
- Conducted cyclical counts on business inventory, updated systems with new stock quantities, and proposed actions to address reported discrepancies
- Supervised deployment of sales orders and stock control, tracking usage and detecting shrinkage
- Implemented inventory management policies and modules, resulting in improved sales, reduced stock aging, and optimized inventory.
- Improved inventory accuracy by implementing new stock control system and conducting regular audits, resulting to 0.4% shrinkage.
- Spearheaded efforts to reduce obsolete inventory through targeted sales promotions, product bundling, or donations, maximizing financial returns while minimizing waste. Conducted promos that had 90% effectiveness.
- Oversaw 13 warehouse staff and maintained efficiency in fast-paced environment.
- Inventoried warehouse stock on monthly, quarterly and annual basis.
- Analyzed historical sales trends to develop accurate forecasts for future inventory needs, preventing stockouts or overstock situations. Resulting to increased sales by 15% and reduction in obsolete stock write off by 45%.
Relationship Manager
Stanbic Bank Limited
07.2017 - 10.2019
- Managed client relationships and sales in banking sector
- Grew assets and liabilities, communicated value propositions, and managed credit and operational risk. Asset book grew by 26% and loan loss provisions reduced by 65%.
- Handled customer queries and complaints, implemented compliance requirements, and achieved profitability and market share growth.Achieved NPS score of 90%
- Achieved goals for sale of bank products and services and exceeded performance metrics for customer service.
- Mentored junior team members on best practices in relationship management techniques, contributing to overall team success and growth within company.
- Continuously updated personal knowledge of banking regulations and compliance requirements to minimize risk exposure for both clients and organization.
- Developed targeted presentations for prospective clients, effectively showcasing value of our services and products.
Relationship Officer
Guaranty Trust Bank Limited
03.2014 - 07.2017
- Acquired, grew, and deepened customer relationships in wealth segment.
- Managed high net worth individual portfolios, provided innovative product propositions, and monitored service delivery.
- Developed and implemented initiatives for maintaining strong relationships with existing customers and attracting new high net worth individuals.
- Collaborated with cross-functional teams to develop new products and services for bank''s clientele.
- Retained and grew portfolio of relationships by performing proactive, mobile and value-adding partnership role.
- Increased loan approvals ,by 16% by diligently assessing creditworthiness and recommending suitable lending options.
- Conducted comprehensive financial analyses to identify potential risks and recommend appropriate mitigation strategies to senior management.
Education
No Degree - Certified Procurement And Supply Proffessional
Kenya Institute of Supplies Examination Board
Nairobi, Nairobi Province, Kenya Current - 04.2023
Bachelor of Science - Food Science
Jomo Kenyatta University of Agriculture Technology
Nairobi, Nairobi Province, Kenya 05.2010 - 12.2013
High School Diploma -
Bishop Gtaimu Ngandu Girls
Kenya 02.2005 - 11.2008
Skills
Inventory management
Demand forecasting
Warehouse Management & organization
Procurement and Sourcing
Supply Chain Coordination
ERP systems proficiency
Effective Communication
Team Collaboration
Workforce Management
References
Referees Upon request
Accomplishments
- Achieved 99.9% inventory by introducing Atlas inventory module for stock count and tracking tasks and distributors management..
- Supervised over 800 distributors,holding over Kes. 900 Million worth of stock, ensuring inventory management principles were being implemented.
- Achieved a lead time of 2 days through effectively helping with the logistics team on stock delivery to the distribution centers and the customers.
- Collaborated with team of cross function teams in the development of stock management policies.
- Achieved 35% increased in revenue by implementing a demand driven stock replenishment method in the main warehouse and distribution centers with accuracy and efficiency.
Timeline
Stock Control Manager
Builders Warehouse Limited
11.2019 - 02.2022
Relationship Manager
Stanbic Bank Limited
07.2017 - 10.2019
Relationship Officer
Guaranty Trust Bank Limited
03.2014 - 07.2017
Bachelor of Science - Food Science
Jomo Kenyatta University of Agriculture Technology
05.2010 - 12.2013
High School Diploma -
Bishop Gtaimu Ngandu Girls
02.2005 - 11.2008
No Degree - Certified Procurement And Supply Proffessional
Kenya Institute of Supplies Examination Board
Current - 04.2023
National Stock Controller
D.Light Limited
2 2022 - Current