MMABON is a leading supplier of high-quality apparel for organizations and businesses across a range of industries. With a strong reputation for excellence, we offer a wide range of customizable options that allow our customers to showcase their brand and make a lasting impression on their clients and stakeholders.
We are recruiting to fill the position below:
Job Title: Inventory Accounts & Purchasing Officer
Location: Ajah, Lekki - Lagos
Employment Type: Full-time
Job Description
- The Inventory / Purchasing Officer for a Fashion & Printing Organisationis responsible for managing the inventory and procurement activities related to the production of customizable apparel.
- This person will oversee the stock levels, coordinate with suppliers, ensure timely procurement of materials, and maintain accurate records of inventory transactions.
- Additionally, candidate will monitor the production schedule and collaborate with cross-functional teams to meet customer demands.
Responsibilities
- Manage inventory control systems for customizable apparel, including tracking stock levels, item descriptions, and locations.
- Coordinate with suppliers to ensure timely procurement of raw materials, fabrics, trims, and other components needed for customization.
- Monitor the production schedule and collaborate with production teams to align inventory levels with customer demands.
- Conduct regular physical inventory counts, reconcile discrepancies, and address any inventory-related issues.
- Maintain accurate records of inventory transactions, such as goods receipts, material issuances, and stock adjustments.
- Implement and maintain inventory management software tailored to the customizable apparel business.
- Evaluate supplier performance, negotiate pricing and contracts, and maintain strong relationships with vendors.
- Collaborate with the design and sales teams to forecast demand and ensure adequate inventory levels to fulfill customer orders.
- Analyze inventory data to identify slow-moving items, excess stock, and potential shortages.
- Implement process improvements to optimize inventory control, streamline purchasing procedures, and reduce lead times.
Key Performance Indicators (KPIs)
- Inventory Accuracy: Measure the accuracy of inventory records by comparing physical counts to system records.
- Stock Turnover: Calculate the number of times inventory is used or sold within a specific period for customizable apparel.
- Order Fulfillment Time: Monitor the time taken to process and fulfill customer orders for customized apparel.
- Supplier Performance: Evaluate the performance of suppliers based on factors such as on-time delivery, quality, and pricing.
- Material Cost Savings: Track the cost savings achieved through effective negotiation and procurement practices.
- Production Efficiency: Measure the efficiency of the production process by monitoring lead times and minimizing production delays.
- Customer Satisfaction: Assess customer satisfaction levels through feedback and order fulfillment metrics.
Requirements
- Candidates should possess an HND, PGCE, or Bachelor's Degree with 2-4 years experience
- Solid understanding of inventory management principles, particularly in the context of customizable apparel production.
- Knowledge of sourcing, procurement, and supplier management for raw materials, fabrics, trims, and other components.
- Familiarity with customizable apparel production processes, including order customization, batch production, and lead time considerations.
- Proficiency in using inventory management software and systems, preferably customized for the apparel industry.
- Excellent numerical and analytical skills, with a keen eye for detail and the ability to analyze inventory-related data.
- Knowledge of accounting principles and practices related to inventory and purchasing transactions.
- Strong negotiation and communication skills to collaborate effectively with suppliers and cross-functional teams.
- Ability to conduct physical inventory counts, reconcile discrepancies, and address inventory-related issues promptly.
- Organizational and time management skills to manage multiple priorities and meet production schedules.
- Problem-solving and critical-thinking abilities to identify process improvements and optimize inventory control and purchasing procedures.
Application Closing Date
31st July, 2023.
https://www.hotnigerianjobs.com/hotjobs/533918/inventory-accounts-purchasing-officer-at-mmabon-cu.html