Inventory Officer

Responsibilities:

• Monitor and control inventory levels, tracking stock movements, and conducting regular stock counts to ensure the accuracy and completeness of inventory records.
• Receive, inspect, and record incoming inventory shipments, verifying quantities, quality, and condition of goods received against purchase orders or packing slips.
• Update inventory databases, systems, or spreadsheets to reflect stock transactions, adjustments, and movements, maintaining up-to-date and accurate inventory records.
• Generate inventory reports, including stock levels, aging analysis, and inventory turnover ratios, to assess inventory performance and identify trends or issues.
• Analyze demand patterns, sales forecasts, and historical data to forecast inventory requirements, set reorder points, and determine optimal stock levels.
• Coordinate with procurement and purchasing teams to place orders for replenishment stock, ensuring timely delivery and availability of inventory items.
• Manage stock rotation, shelf-life tracking, and expiry date monitoring for perishable or time-sensitive goods, minimizing waste and spoilage.
• Develop and maintain relationships with suppliers, vendors, and service providers, negotiating terms, pricing, and delivery schedules to ensure a reliable supply of inventory items.

Requirements:

• Bachelor's degree in business administration, logistics, supply chain management, or a related field; certification in inventory management is a plus.
• Proven experience in inventory management, stock control, or warehouse operations, preferably in a manufacturing, retail, or distribution environment.
• Strong analytical and numerical skills, with the ability to analyze inventory data, interpret trends, and make data-driven decisions.
• Proficiency in inventory management software and Microsoft Office suite (Excel, Word, Outlook).
• Excellent organizational and time management skills, with the ability to prioritize tasks, meet deadlines, and manage multiple projects simultaneously.
• Attention to detail and accuracy in inventory record-keeping, stock tracking, and data entry.
• Effective communication and interpersonal skills, with the ability to work collaboratively with cross-functional teams and external stakeholders.
• Problem-solving and decision-making abilities, with the capacity to identify issues, analyze root causes, and implement effective solutions

Location: Ikoyi

Remuneration: NGN 150,000 -200,000 Monthly