Inventory Officer at Stretch-It Concepts Limited

Stretch-It Concepts Limited - Our client, a fast-growing brand in the retail sector, is recruiting to fill the position below:

Job Title: Inventory Officer

Location: Lagos
Employment Type: Full-time

Summary 

• Our client is seeking for an experienced Inventory Officer to manage the inventory operations, ensuring adequate stock, and minimize expired and obsolete inventory.

Responsibilities 

• Devise ways to optimize inventory control procedures
• Inspect the levels of business supplies and raw material to identify shortages
• Analyze inventory data and conduct regular assessments to identify slow-moving or obsolete items.
• Record daily deliveries to reconcile inventory
• 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
• Collaborate with warehouse employees and other staff to ensure business goals
• Forecast inventory needs based on sales trends, seasonal demand, and upcoming promotions.
• Establish and maintain optimal stock levels while ensuring product availability.
• Collaborate with suppliers and ensure delivery of goods
• Monitor supplier performance and address any issues as it concerns delivery, pricing and delivery
• Generate inventory reports detailing stock levels, turnover rates, and inventory aging

Skills / Qualifications

• Bachelor's Degree in Business Administration, Supply Chain Management, Logistics, or a related field.
• 5 years related experience.
• Proven experience as inventory manager or similar position
• Excellent knowledge of data analysis and forecasting methods
• Proven experience as inventory manager or similar position
• Excellent knowledge of data analysis and forecasting methods
• Working knowledge of inventory management software (e.g. ERP)
• Relevant qualification in CIPM (Certified in Production and Inventory Management) will be a plus.
• Ability to accurately track inventory and create reports

Application Closing Date
7th March, 2024.