Senior Inventory Analyst - Newmont Mining Corporation

Newmont Mining Corporation is a leading global gold producer with key assets in Nevada, Peru, Australia, Ghana and Suriname.

Newmont’s Africa Operations holds two gold mining operations in Ghana: the Ahafo Mine located in the Brong-Ahafo region and the Akyem Mine located in the Eastern region. There is also near mine exploration and development focus in Ghana to annually replace gold reserves. Newmont Africa also has early-stage exploration programs in the African countries of Ethiopia and Morocco.

Our Africa operations employ approximately 5,900 employees and contractors, with the majority working at the Ahafo Mine. We offer an unparalleled blend of opportunity and career satisfaction with all the benefits you would expect from a global company. This, combined with our growth opportunities, makes Newmont a great company to work.

Our Akyem and Ahafo mines have made significant sustainable community development investments in our host communities. These include establishing Development Funds at our Akyem and Ahafo operational areas with each mine contributing US$1 per ounce of gold sold and 1% of net pre-tax annual profit into its community development fund.

The only gold company listed in the S&P 500 index, Newmont in 2007 became the first gold company selected to be part of the Dow Jones Sustainability World Index. Newmont’s industry leading performance is reflected through our Africa operations’ high standards in environmental management, health and safety for our workforce and creating value and opportunity for our employees, host communities and Newmont’s shareholders.

About This Role

To implement the strategy for planning and controlling all Newmont Ghana’s SKU (Stock Keeping Units, Over 20,000 of them). To maintain data standardisation and catalogue descriptive information to optimise inventory assets through the development and application of innovative methods and techniques, while maintaining an overall focus to reduce risk, improve customer service levels and improve forecasting accuracy and inventory availability. To verify that the mining and processing operation and other high-risk tasks that require the business to hold stock, have stock available at an acceptable cost to prevent stoppage of work.

Essential Duties

Inventory Planning and Control

•    Manage day-to-day replenishment activities.
•    Tie-in material requirement planning (MRP) links between inventory levels and operational demand through the interpretation of historical usages (from OAS) and forecasting anticipated demand.
•    Maintain inventory descriptions, classifications and data standards in accordance with established Newmont Standards.
•    Manage inventory replenishment into the company’s distribution centres and warehouses.
•    Drive the obsolescence process and develop writing inventory reports.
•    Research past trends and stay informed of current trends that may influence inventory demand.
•    Reduce inventory holding and maintain agreed service level.
•    Develop and implement internal self-assessment audit techniques based on a control and compliance model for internal and external auditors.
•    Oversee cycle counts and process variance as per laid down process.
•    To verify availability of key commodities such as Haul Truck Tires, GETs, Grinding Media, Cyanide, Lime, all critical spares for the process plant.

Management Reporting

•    Liaise with end-users and maintenance planners to establish inventory and spares for projects and operational requirements.

Relationship Management

• Improve customer services level and facilitate transparent communications between sites and planning groups to confirm alignment and understanding of management performance measurements, requirements and output.
• Engage suppliers and expeditors to deliver critical spares needed urgently at the site and bulk commodities.
• Collaborate with end-users to resolve all operational issues in a timely manner.

Asset Disposal

•    Proactively implement and execute Inventory obsolescence and disposal process to verify obsolescence provision are actively utilised.
•    Initiate and carry through supply chain recommended disposals in conjunction with the warehouse.
•    To interface with Technical Services in order to drive the asset management strategy.

Training & Experience

Formal Qualification (including Professional Registrations):

• Bachelor’s Degree in Business, Supply Chain, Engineering or related field equivalent experience.

Additional Knowledge:

• Knowledge of ERP / SAP or equivalent enterprise packages.
• Knowledge of Oniqua Analytic Solution (OAS).
• Knowledge of Maintenance Planning.
• Enterprise Resource Planning (ERP) / Systems, Applications and Processes (SAP) / Employee Assistance Program (EAP) System Knowledge.
• Lifecycle procurement and contract management.
• Supplier Risk Management process
• Knowledge of P2P Transactional Processes.
• Knowledge of customs and regulations.
• Warehouse Management

Experience:

• Between 5 to 7 years’ experience in Inventory Management or related.
• Mining experience preferred.

Working Conditions

• This role requires high concentration and attention to detail under pressure.