Inventory Analyst at Kloverharris Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 month ago

Additional Details

Job ID
143175
Job Views
50

Job Description






Job Summary




  • The Inventory Analyst will be responsible for monitoring, analyzing, and optimizing inventory levels to ensure efficient supply chain operations.

  • This role involves forecasting demand, identifying trends, and implementing strategies to reduce costs while maintaining product availability.

  • The Inventory Analyst works closely with procurement, warehouse, and sales teams to balance stock levels with business needs.



Key Responsibilities

Inventory Monitoring & Analysis:




  • Track inventory levels across warehouses and distribution centers.

  • Analyze stock movements, turnover rates, and demand patterns.

  • Identify discrepancies between physical stock and system records.



Forecasting & Planning:




  • Develop demand forecasts using historical data and market trends.

  • Recommend reorder points and safety stock levels.

  • Collaborate with procurement to align purchasing with demand.



Process Improvement;




  • Implement inventory control procedures to minimize waste and obsolescence.

  • Suggest process enhancements to improve accuracy and efficiency.

  • Support automation and digital tools for inventory management.



Cross-Functional Collaboration:




  • Partner with sales, operations, and finance teams to align inventory strategies.

  • Provide insights to support product launches and seasonal demand.

  • Prepare reports and dashboards for management decision-making.



Skills and Qualifications




  • Bachelor’s degree in Supply Chain Management, Business Administration, Finance, or related field.

  • 4 years + progressive experience in sales especially in FMCG, Telecoms, banking, luxury retail etc.

  • Strong analytical and problem-solving skills.

  • Proficiency in inventory management systems (e.g., SAP, Oracle, NetSuite) and Excel.

  • Excellent communication and collaboration abilities.

  • Experience in supply chain, logistics, or inventory management preferred.

  • Detail-oriented with strong organizational skills.

  • Ability to work under pressure and meet deadlines.

  • Strategic thinker with a focus on efficiency and cost reduction.

  • Strong data interpretation and reporting skills.



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