Job Summary

We are looking for a competent Inventory Manager to monitor and report on the company’s inventory. Your job is important since the efficient handling of the company’s products and supplies is critical for the attainment of business goals. A successful inventory manager is a reliable professional with excellent record-keeping abilities. They possess great attention to detail and a business mindset.

  • Minimum Qualification: HND
  • Experience Level: Mid level
  • Experience Length: 3 years

Job Description/Requirements

RESPONSIBILITIES

  • Devise ways to optimize inventory control procedures and inspect the levels of business supplies and raw material to identify shortages

  • Ensure product stock is adequate for all distribution channels and can cover direct demand from customers

  • Record daily deliveries and shipments to reconcile inventory

  • Use software to monitor demand and document characteristics of inventory

  • Place orders to replenish stock avoiding insufficiencies or excessive surplus

  • Analyze data to anticipate future needs and evaluate suppliers to achieve cost-effective deals and maintain trust relationships

  • Collaborate with warehouse employees and other staff to ensure business goals are met

  • Report to upper management on stock levels, issues etc. Ensures availability of stock at all time (on his product stand/section)

  • Prepares and keep effective daily records of stock movement

  • Ensures every stock movement and transaction are recorded using the database

  • Plan and coordinate daily physical stock count.

  • Organize and maintain inventory and storage area

  • Ensure shipments’ and inventory transactions’ accuracy.

  • Ensure that the quantity of SKUs given out / received corresponds with the quantity on the invoice/waybill ( And record on his Bin Card instantly )

  • Forecast supply and demand to prevent overstocking and running out-of-stock (OOS)

  • Place orders to replenish needed SKU’s and Oversee the storage of products, particularly fragile items

  • Coordinate regular inventory audits

  • Keep updated inventory records (including daily shipments). Ensure a minimal level of product damage and report damaged products immediately.

  • Make suggestions for productivity improvements. To have tight control over receivables and distribution of stocks with effective reconciliation w.r.t. stocks in accounts as well the accounts in every depot or distributors warehouse.

  • To coordinate with internal and external parties at the appropriate levels to ensure a smooth flow of interaction and transaction.

  • To monitor stock inventories and report re-order level for the product as well as packaging.

  • Effective management of performance, conduct, absence, engagement and training and development of team members, holding people accountable to agreed departmental and company standards.

  • Monitor KPI's, identify and communicate associated actions and highlight areas for improvement

  • Basis managerial responsibility such as Return to works, appraisals, absence management


Reporting - To prepare all applicable reports in time for accuracy and in order to ensure that they match the functional requirements, policies and standards

REQUIREMENTS

  • Bachelor’s degree or HND in Business or related field a plus

  • 3-year experience as an inventory manager, receiver, or related position

  • 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)

  • Ability to accurately track inventory and create reports

  • An analytical mind with strong math skills

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