Inventory Officer

Job Summary

• We are seeking an Inventory officer to take charge of our inventory managementsystem.
• This critical role will ensure our stock levels are optimized, ensuring a seamless supply chain and avoiding overstock or stockouts.
• The Inventory officer works closely with purchasing, sales, and warehouse teams to optimize inventory levels, minimize waste, and ensure that products are available when needed.

Job Responsibilities

• Oversee daily inventory operations, including receiving, storing, tracking, and issuing inventory.
• Regularly monitor stock levels to ensure the right amount of product is available for production or sales, preventing stock outs or overstocking.
• Work with the procurement team to forecast inventory needs, place orders, and maintain optimal stock levels based on demand trends, historical data, and sales forecasts.
• Implement and enforce inventory control procedures, including conducting physical counts, managing discrepancies, and maintaining accurate records.
• Supervise inventory storage and organization within the warehouse or storage area to ensure efficient space utilization and easy access to products.
• Prepare regular inventory reports, including stock levels, stock turnover, and order trends.
• Analyze data to identify opportunities for cost savings, inventory reduction, or operational improvements.
• Ensure that inventory is properly stored, handled, and maintained according to company policies and safety standards.
• Address and resolve inventory issues related to damaged or expired products.
• Work closely with other departments (sales, purchasing, logistics) to ensure smooth inventory flow and support business needs.
• Ensure compliance with internal and external regulations and policies related to inventory management, including health and safety, quality standards, and audits.

Requirements

• B.Sc / BA in Business Administration, Logistics or any related field.
• 4 years proven experience in inventory management or a related field.
• Minimum of 4 years’ experience as an Inventory Manager or similar role.
• Strong organizational and analytical skills.
• Attention to detail and ability to maintain accurate records.
• Proficiency with inventory management software and tools (ERP)
• Proficiency in the use of spreadsheet and Microsoft Excel is a must.
• Strong communication skills, both verbal and written.
• Ability to manage multiple priorities and deadlines effectively.
• Ability to use inventory software
• Knowledge of supply chain management principles.
• Ability to work independently as well as part of a team.
• Familiarity with warehouse and distribution operations is a plus.

Application Closing Date
Not Specified. 

How to Apply
Interested and qualified candidates should send their Resume and Cover Letter to: View email address on hotnigerianjobs.com using the Job Title as the subject of the email.

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