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Inventory Team Lead at E'sorae Luxury Brand

Posted on Fri 15th Oct, 2021 - --- (0 comments)

E'Sorae is your target brand for luxury and premium quality bed, bath, and fragrance products. E'Sorae has carved a niche for itself in the retail and hospitality industry by offering a wide selection of high-quality luxury towels, bathrobes, bedding, and other home essentials, that don’t cost an arm and a leg. We are obsessed with comfort, elegance, ambiance, and well-being, and revolutionizing the bedding industry, reshaping it from the ground up... Providing an exquisite kind of rest, just for you.

We are recruiting to fill the position below:

Job Title: Inventory Team Lead

Location: Lekki, Lagos
Employment Type: Full-time
Reporting Line: Head of Inventory
Start Date: Immediately

Job Summary

  • The Inventory is at the heart of efficiency in E’sorae Luxury.
  • The Inventory Supervisor is crucial to support lean production efficiency drive.
  • Manage flow of inventory in a manner that efficiently manage flow of information to accommodate forecasted demand from Production
  • Monitor material usage for efficiency and minimize operational wastage
  • Clear inventory at all times from gluts by raising issues when inventory levels are high; and shortage when inventory levels are low
  • Oversee stock counting exercises for preciseness and against errors

Production Planning:

  • Organize workflow to meet specifications and deadlines
  • Work with the head of production to plan usage of materials
  • Define monthly inventory levels for all materials in custody
  • Review the Bill of Material templates for all products to develop an understanding of raw material needs per product
  • Establish workflow policies that enhance speed and efficiency without compromising product safety or integrity
  • Forecast inventory requirements weekly
  • Review sales forecasts and customer demands to understand the product demands in the market for each season
  • Plan the procurement process based on the production plan forecast, available raw materials and lead time
  • Provide inventory data to the accounting department weekly.

Inventory Order Management:

  • Monitor movement of goods in the inventory stores i.e. receiving and delivering goods from the warehouse
  • Monitor raw materials in warehouse and finished goods in inventory stores for space management and proper management
  • Monitor stock levels in raw materials warehouse and finished products stores to ensure efficient inventory management
  • Evaluate raw materials waste vis-a-via production efficiency and capacity and report to management
  • Monitor monthly stock usage

Audit and Review:

  • Prepare report on the flow of raw materials
  • Ensure Production sign-off on all items received on the ERP
  • Liaise with Finance and Audit for reconciliation on items in the Inventory

Stock Counting:

  • Plan for monthly stock counting exercise with Audit
  • Ensure that inventory count figures is at fingertips at any point
  • Ensure complete stock accounting of raw materials and finished goods

Health and Safety:

  • Enforce health and safety precautions for employees working in inventory
  • Ensure goods are properly stacked to avoid accidents and injury to employees
  • Ensure that team follows company policies and safety standards
  • Ensure all employees follow industry standard health and safety guidelines

Budgeting and Reporting:

  • Establish workflow policies that enhance speed and efficiency without compromising product safety or integrity
  • Align with production manager on cost control programs
  • Analyse budget, continuously control procurement cost; identify
  • Prepare and maintain regular inventory reports
  • Communicate any problems or obstacles to senior management
  • Evaluate performance and advise accordingly.
  • Prepare procurement plans and progress reports as required
  • Assist in measuring and assessing the performance of the company
  • Establish performance goals for procurement and inventory department.
  • Derive inventory metrics that can track departmental success.
  • Monitor and report various metrics used by the department.

Innovation and Process Improvement:

  • Suggest and support improvement process within the production process
  • Recommend cost reduction initiatives
  • Suggest process improvements to enhance production quality and capacity
  • Develop production program and guidelines to support company objectives

Qualifications & Experience

  • B.Sc Degree
  • Minimum of five (5) years’ experience in Inventory Management in a similar or related industry
  • Experience in multi-level warehouse management
  • Understanding of Production Planning and Inventory Control Procedures
  • Deep knowledge of production management
  • Understanding of quality standards and health & safety regulations
  • Knowledge of performance evaluation and budgeting concepts
  • Proficient in MS Office
  • Ability to coach and mentor employees on a one-on-one basis as well as a group
  • Must possess the ability to handle responsibility and the pressure of meeting deadlines

Skills & Competency:

  • Excellent organizational and leaderships skills
  • Attention to detail and deadline-driven
  • Strong decision-making skills and a result-driven approach
  • Leadership and interpersonal skills
  • Project management skills
  • Excellent management skills
  • Sound problem solving skills
  • Good people management skill
  • IT and numerical skills results
  • Excellent planning skills
  • Outstanding communication
  • Reliable and trustworthy.
  • High accuracy and attention to detail
  • Excellent multi-tasking skills.
  • Excellent time management skills
  • Goal-oriented, organized team player.

Application Closing Date
20th October, 2021.

How to Apply
Interested and qualified candidates should send their updated CV to: [email protected] using "Inventory Team Lead" as the subject of the email.


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