Inventory Manager at FoliXx Hospitality

FoliXx Hospitality is a company incorporated under the laws of the Federal Republic of Nigeria with RC Number, RC1518225 and its registered address at 142, Lekki Epe Expressway Elegushi, Ikate Lekki, Lagos State. Established in 2018, FoLiXx Hospitality provides a sophisticated and contemporary entertainment experience. From renowned themed nightlife events and live performances to exceptional restaurants and special occasions.

We are recruiting to fill the position below:

Job Title: Inventory Manager

Location: Ikate, Lekki - Lagos
Employment Type: Full-time

Job Overview

• The Inventory Manager will be responsible for overseeing and managing all aspects of inventory control, ensuring proper stock levels, minimizing waste, and maintaining quality standards across all locations. 
• This role requires a strategic thinker with hands-on experience in food & beverage inventory management, supplier coordination, and cost control within the hospitality industry.

Key Responsibilities

• Develop and implement inventory management policies and procedures to ensure efficiency and accuracy.
• Monitor and track inventory levels, usage patterns, and stock movements for all food, beverages, and supplies.
• Oversee ordering, receiving, and storage processes to ensure proper stock rotation and quality control.
• Work closely with chefs, bar managers, and procurement teams to ensure stock availability and prevent shortages.
• Conduct regular stock audits and cycle counts to ensure accuracy in inventory records.
• Identify and minimize inventory loss, waste, and theft, implementing necessary control measures.
• Maintain strong relationships with vendors and suppliers, negotiating favorable terms for pricing and delivery schedules.
• Ensure compliance with food safety standards, health regulations, and storage best practices.
• Monitor cost of goods sold (COGS) and work with the finance team to ensure profitability.
• Utilize inventory management software and POS systems to track and optimize stock control.
• Generate inventory reports, forecasting trends, and recommending improvements to reduce costs.
• Train and supervise storekeepers and stock handlers to ensure proper inventory handling and documentation.
• Coordinate with the kitchen, bar, and operations team to ensure seamless workflow and stock availability.

Requirements

• Minimum 3-5 years of experience as an Inventory Manager, Store Manager, or Stock Controller in the food & beverage or hospitality industry.
• Strong understanding of inventory management principles, procurement processes, and stock control techniques.
• Experience in managing perishable and non-perishable food & beverage inventory in a restaurant, lounge, nightclub, or hotel.
• Knowledge of food safety and storage regulations to maintain product quality.
• Proficiency in inventory management software, POS systems, and Excel/spreadsheet reporting.
• Excellent analytical, problem-solving, and decision-making skills to manage stock efficiently.
• Ability to work in a fast-paced hospitality environment and handle multiple inventory locations.
• Strong negotiation skills for dealing with suppliers and vendors.
• Detail-oriented with strong organizational and time-management skills.
• Ability to lead a team of stock handlers, storekeepers, and procurement assistants.
• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field (preferred but not mandatory).

Application Closing Date
Not Specified.