An inventory stock officer works in warehouses, manufacturing units, or retail stores. They maintain product inventories through computer systems. It’s their job to track and monitor inventory and develop processes to maximize efficiency. As a stock Officer, your typical duties include creating inventory plans, organizing distribution, and negotiating new contracts with suppliers. You may also be in charge of ordering the products and supplies. The purpose of this position is to supervise and coordinate the activities of those engaged in inventory management and to ensure that optimum levels of inventory is maintained and that it is at par with quality standards. They are also responsible for keeping track of the inventory records and making sure that it is accurate. The inventory officer is primarily responsible for handling the material management responsibilities, including acquiring the material, merchandise, items, etc., and its proper distribution. The inventory officer may also be referred to as the stockiest, sourcing, or sorting officer.
- Minimum Qualification:Degree
- Experience Level:Mid level
- Experience Length:2 years
Responsibilities: (including but not limited to):
- The inventory officer is responsible for preparing the purchase request, receiving, storing, issuing the goods, managing the stock levels, and giving out the supplies from the stock.
- Preparing the inventories, maintaining the stock records, using computerized systems for entering the records, and being accountable for checking the supply invoices with the purchase orders.
- Preparing reports on adjustments done to inventories that may be damaged, spoilt, etc., and coordinating the purchasing, inventory, and warehousing functions.
- Find out sources of supply and is responsible for obtaining quotes from the suppliers.
- Make sure to get rid of the surplus or obsolete stock.
- To maintain a record of receipts as well as the issuance of items that are going out of the warehouse so as to ensure accuracy and completeness
- To be involved in the reconciliation of physical stock with the stock in the system
- To oversee that the arrangement of goods has been done in an orderly system within the stock location system so that the stock can be stored easily and retrieved whenever there is a requirement. Similarly, he/she ensures that the stocks stay physically protected in the warehouse
- Undertake the function of stock taking and confirm the periodic stock on a regular basis by working closely with the designated staff members
- Supervise the offloading process, the subsequent arrangement of merchandise, material, etc., and consignment so that it can be accessed and identified easily
- Ensure the correct and timely valuation of the inventory and be involved in directing and managing procedures related to offloading, packing, and unpacking
- Keeping a close eye on the movement of stock from in and out of the warehouse.
- 2 years minimum Inventory and control, Supply chain experience in the Merchandizing or e-commerce Business
- Minimum high school education or equivalent required. Bachelor’s degree or equivalent work experience preferred
- Working knowledge of the computer (MS Office, ERP understanding)
- Ability to do minimum travel, change schedule, adapt to the needs of the position
- Ability to maneuver around the Finance, Inventory, Sales Floor, stockroom, and branches
- Ability to display mental prowess and cognitive distinctions.
- Leadership: Inventory control Officers are in charge of a number of employees who work with an inventory. They need to be able to lead by example, resolve conflict, and take decisive action.
- Problem-solving: There are many issues that may arise like inventory shrinkage, dead stock, or missing products. Inventory control Officers need to be able to quickly and efficiently find solutions.
- Data analysis: Inventory is built around data. It is used to calculate reorder points, lead time, economic order quantity, and more. A good inventory control Officer makes informed, data-driven decisions to help the business grow.
- Organization: A disorganized warehouse is more of a liability than an asset. It's highly important for an inventory control Officer to maintain order and optimize processes. An efficient warehouse typically organizes each product by SKU numbers and characteristics. Attention to detail. Every mistake comes with a price. An inventory officer with an eye for detail can avoid most mistakes and save the company money. This also includes paying attention to detail when using the inventory turnover formula and inventory days’ formula. Internal audit is a rather data-driven function that necessitates the use of advanced computational and data analytics techniques. This is why many Obiwezy prefers candidates with data analytics and computational programming experience of some sort.
Remuneration: NGN 90,000.00 Gross during probation. After probation pay is NGN 120,000.00 Gross.
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