Inventory Officer at Dang Lifestyle

Dang Lifestyle - Born out of a mission to provide unique fragrances for you, Dang Lifestyle gives fragrances worth remembering and celebrating for a lifetime. On our journey to becoming a generational business, we love creating connections and ensuring that every aspect of your life feels brighter and smells as heavenly as our wide array of scents. Our goal is making your scented space memorable. Be rest assured of quality products from our company in respects to our home fragrances, body care products and perfumes. We are here to serve you for a lifetime.

We are recruiting to fill the position below:

Job Title: Inventory Officer

Location: Lagos
Department: Inventory

Overview   

• In this role, you will be responsible to monitor and report on the DANG’s inventory levels.
• You will also be responsible for developing inventory tracking systems, reviewing levels of supplies, ordering new materials, and performing a daily analysis.

Key Responsibilities

• Prepare purchase orders
• Receive, store and issue inventories
• Manage stock levels and distribute supplies from stock
• Maintain stock records using manual or computerized systems
• Update inventory on the website’s backend
• Coordinate inventory and warehousing functions
• Conduct regular physical inventory audits and cycle counts
• Reconcile physical stock with the stock in the system or inventory log
• Check the inventory software daily to monitor stock movement and maintain the optimal reorder level
• Notify the team of new inventory received and update relevant systems
• Devise ways to optimize inventory control procedures
• Inspect the levels of business supplies and raw material to identify shortages
• Notify the Procurement Officer when stock is low
• Ensure product stock is adequate for all distribution channels and can cover direct demand from customers
• Record daily deliveries to reconcile inventory
• Monitor demand and document characteristics of inventory
• Maintain records of receipts as well as issuance of items that are going out of the storeroom to ensure accuracy and completeness
• Collaborate with the Logistics and Fulfillment Supervisor to coordinate the movement of products and ensure timely delivery of products to customers
• Place orders to replenish stock avoiding insufficiencies or excessive surplus
• Analyze data to anticipate future needs
• Evaluate suppliers to achieve cost-effective deals and maintain trust relationships
• Supervise the offloading process and arrangement of merchandise, materials and other consignment so that it can be easily assessed
• Ensure merchandise is stored in the stock room, using an orderly system for easy identification and retrieval
• Develop procedures to avoid overstocking items that tie up cash and creates storage difficulties
• Prepare reports on adjustments done on inventories that may be damaged, spoilt, etc.
• Identify and mitigate inventory related risks
• Generate and analyse inventory reports for ManagementPerform other duties as assigned.

Key Interactions 

• Internal Interaction: Accountant, Operations and Admin Supervisor, Sales Supervisor, Executive Assistant, Procurement Officer, Logistics and Fulfillment Lead, Logistics Officer
• External Interaction: Vendors

Requirements
Education and Experience:

• B.Sc / HND in Logistics, Inventory, Economics, Library Studies or other related field
• 2 - 4 years experience as an Inventory Officer

Technical Skills:

• Knowledge of inventory management and storage methods
• Sound knowledge of the inventory management software (ERP) and inventory tracking tools (barcode readers, scanners, etc.)
• Ability to track inventory and generate reports
• Familiarity with various software programs necessary for day-to-day operations such as Microsoft Office Suite including Word, Excel, PowerPoint etc.

Soft Skills:

• Ability to multitask, prioritize, and manage time efficiently
• High level of professionalism
• Result-oriented team player
• Good initiative, time, and stress management skills
• Good inter-personal communication abilities
• Strong organizational skill with an eye towards details
• Problem solving capabilities
• Ability to work independently without close monitoring and supervision.

Behavioural Competencies:

• Must be a trustworthy professional with outstanding record keeping and analytical abilities
• Enthusiastic about product management, creating efficiencies, and understanding processes end-to-end
• Demonstrate problem solving and analytical capabilities
• A team player who communicates and works well with a wide range of people
• Ability to thrive in a fast-paced, dynamic environment while working independently and taking initiative.

Remuneration
N120,000 - N180,000 Monthly.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should send their Resume to: [email protected] using the Job Title as the subject of the mail.