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Inventory Manager

Inventory Manager

LIFE Healthcare GroupRandburg, Gauteng, South Africa
2 days ago
Job description

Overview

A vacancy exists for an Inventory Manager based at Life Fourways Hospital , reporting to Lorisha Sewdass, Pharmacy Manager . The successful candidate will be responsible for managing and coordinating the Pharmacy services within the hospital environment by ensuring that quality pharmaceutical services, financial objectives, legislative compliance and people management requirements are achieved to the required standards.

Effective medication safety management

  • Report 100% of inventory incidents and develop and implement remedial actions as appropriate.
  • Complete trends analysis with relevant actions quarterly together with Pharmacy Manager.
  • Report 100% of pharmacy alerts and develop and implement remedial action and complete a trends analysis quarterly.

Effective quality management systems

  • Participate in the implementation and compliance to LHC Quality management systems.
  • Ensure compliance with SAPC, DOH and LHC legal and professional standards.
  • Achieve required customer service levels in theatre and wards.
  • Implement customer satisfaction and pharmacy quality initiatives.
  • Effective financial management

  • Participate in achieving hospital budgeted financial measures relating to pharmacy.
  • Unrecorded liabilities management
  • Daily negative stock review and correction
  • Effective financial management by ensuring the procure to pay process relating to stock is aligned to company best practice. GRIR feedback.
  • MIR6 management
  • Updating of codes on preference cards ensuring accurate billing together with Nursing team
  • Available every month end i.e. last working day of the month to ensure all processes complete
  • Oversight on all pharmacy reports on Gateway, management of dead stock, non-recoverables, open orders, discontinued codes etc. and ability to provide actions plans to achieve targets
  • Month end reporting
  • Provide feedback to key stakeholders regarding performance and implement actions to bring them in line with budgets.
  • Effective product management

  • Participate in the active management of cost of sales of pharmaceuticals in line with revenue and budget. Build effective working relationships with doctors.
  • Drive VBC initiatives. Regular engagements with other hospitals to understand what cost effective options they are using. Be part of working groups between the hospitals to discuss these aspects.
  • Regular cyclical counts and monthly stock takes in the plant and Renal
  • Consignment stock management, alignment with Annexure, vendor valuation and SAP.
  • Overseeing Regular consignment stock counts by reps monthly
  • Driving Best cost formulary conversions, and reducing non-formulary purchases
  • Regular rep and doctor engagement for trial of new stock
  • Reviewing VBC dashboard, Procurement Dashboard, Qerent and DRG dashboard, aligning stock with appropriate utilization
  • Regular updates of codes in the plant when changes occur
  • Effective asset management

  • Participate in achieving stock targets.
  • Achieve optimal system utilisation.
  • Effective people management

  • Recruit, retain, motivate and develop staff according to LHC people policies and practices.
  • Provide direction and inspire positive work behaviour in team.
  • Effective communication with all key stakeholders to ensure that everyone is aligned
  • Requirements

  • Degree or diploma in Inventory Management NQF 6 or higher / BCom Degree in Supply Chain Management
  • Experience within inventory management or relevant experience within a pharmacy environment
  • Knowledge of inventory control processes, procedures and practices
  • Understanding of management and relationship structures within an operating environment People management experience
  • Basic financial and numeric skills
  • Computer proficiency
  • Driver’s license and ability to travel
  • Competencies

  • Problem-solving, analysis and judgement
  • Attention to detail
  • Resilience
  • Motivating and developing people
  • Engaging diversity
  • Verbal & written communication skills
  • Influencing skills
  • Building relationships
  • Customer responsiveness
  • Organisational awareness
  • Excellence orientation
  • Ethical behaviour
  • Action orientation
  • Email :

    Closing date Friday, November 14, 2025

    Internal applicants - Before making an application, you are requested to discuss your application with your line manager. External candidates will also be considered.

    Explore our vacancies and find the right opportunity for you. Download the application form and email to the relevant contact person specified in the job advertisement.

    Life Healthcare is an Equal Opportunity Employer.

    Thank you for your interest in this opportunity. Kindly note that only shortlisted candidates will be contacted. Applicants who have not been contacted within two weeks of the closing date of this advert, should consider their application as unsuccessful.

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    Inventory Manager • Randburg, Gauteng, South Africa

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