Assistant Inventory Officer at Invent Alliance Limited - Lagos & Niger

Invent Alliance Limited is a company specialized on creation of multi sector and multi discipline business platform with specialist partnerships for value co-creation in each of the different business segments through modern co-petition business principles. These multi segments are operated as strategic business units (SBU) with full profit and loss responsibility towards the alliance

We are recruiting to fill the position below:

Job Title: Assistant Inventory Officer

Locations: Lagos and Niger
Employment Type: Full Time

Responsibilities

• Monitor and control inventory levels, tracking stock movements, and conducting regular stock counts to ensure 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.
• Implement inventory control measures, such as FIFO (first-in, first-out) or LIFO (last-in, first-out), to optimize inventory turnover and minimize obsolescence.
• Conduct regular inventory audits, reconciling physical stock counts with inventory records, investigating discrepancies, and resolving inventory variances.
• Identify and investigate inventory discrepancies, stock shortages, or surplus inventory, conducting root cause analysis and implementing corrective actions.
• Collaborate with warehouse and logistics teams to ensure efficient storage, handling, and distribution of inventory items, optimizing warehouse layout and organization.
• Develop and maintain relationships with suppliers, vendors, and service providers, negotiating terms, pricing, and delivery schedules to ensure reliable supply of inventory items.
• Implement inventory management best practices, standard operating procedures (SOPs), and quality standards to improve efficiency and accuracy in inventory control processes.
• Train and supervise inventory staff, providing guidance, coaching, and support to ensure compliance with inventory management policies and procedures.
• Stay updated on industry trends, best practices, and regulatory requirements in inventory management, participating in training, workshops, and professional development activities.
• Attend to other assigned duties.

Requirements

• Must have an educational qualification in the related field.
• Minimum of 1-year experience 
• Must be willing to work on the weekends.
• Must have a huge interest in learning, good written and communication skills.
• Must be computer literare.
• Must reside around the Lekki to Ajah axis for easy access to the office.

Application Closing Date
26th April, 2024.

How to Apply
Interested and qualified candidates should send their CV to: admin@inventallianceco.com using the Job Title as the subject of the email.