Inventory Officer at Tonia Pharmacy Limited

Job Overview

Location
Lagos, FCT
Job Type
Full Time
Date Posted
2 hours ago

Additional Details

Job ID
146989
Job Views
23

Job Description






Job Summary 




  • The Inventory Officer is responsible for the efficient management, control, and monitoring of stock within the pharmacy and store.

  • This includes ensuring accurate stock levels, proper storage of pharmaceutical products, minimizing wastage/expiry, and maintaining compliance with regulatory standards.

  • The role ensures uninterrupted availability of medicines and health products while maintaining accountability and transparency in inventory records.



Key Responsibilities 

Inventory Management & Control:




  • Maintain accurate records of all stock received, stored, and issued using inventory systems.

  • Monitor stock levels and ensure timely replenishment to avoid stock-outs.

  • Conduct daily, weekly, and monthly stock counts (cycle counts and full stock-taking).

  • Reconcile physical stock with system records and investigate discrepancies.

  • Implement FIFO (First In, First Out) and FEFO (First Expiry, First Out) principles.



Receiving & Inspection of Goods:




  • Verify incoming supplies against purchase orders and delivery notes.

  • Inspect products for quality, quantity, batch numbers, and expiry dates.

  • Ensure all received items meet regulatory and company standards.

  • Record and report damaged, expired, or short-supplied goods.



Storage & Organization:




  • Ensure proper storage conditions in line with pharmaceutical standards (temperature, humidity, light control).

  • Arrange products systematically for easy identification and retrieval.

  • Maintain cleanliness, safety, and organization of the store.

  • Monitor cold chain products (if applicable) and maintain temperature logs.



Stock Issuance & Distribution:




  • Issue stock to pharmacy units/branches based on approved requisitions.

  • Ensure proper documentation for all stock movements.

  • Track inter-branch transfers and returns accurately.



Expiry & Loss Management:




  • Monitor expiry dates regularly and implement strategies to minimize losses.

  • Prepare reports on near-expiry and expired items.

  • Coordinate removal and proper disposal of expired or damaged goods.

  • Investigate causes of stock variances, theft, or losses.



Documentation & Reporting:




  • Maintain up-to-date inventory records (manual and electronic systems).

  • Generate regular reports (stock levels, consumption trends, variances, expiries).

  • Assist in audit processes and ensure compliance with regulatory requirements (e.g., PCN guidelines).



Compliance & Quality Assurance:




  • Ensure adherence to pharmaceutical regulations and internal SOPs.

  • Support regulatory inspections and audits.

  • Maintain proper documentation for traceability of all products.



Coordination & Communication:




  • Work closely with pharmacists, procurement team, and management.

  • Provide timely updates on stock status and reorder needs.

  • Support forecasting and demand planning activities.



Key Performance Indicators (KPIs)




  • Accuracy of inventory records

  • Reduction in stock variances

  • Minimal expiry and wastage levels

  • Timely stock replenishment

  • Compliance with audit and regulatory standards



Required Qualification

Educational Qualification:

Minimum of HND/B.Sc. in:




  • Pharmacy Technician Studies

  • Pharmacology

  • Biochemistry

  • Supply Chain Management

  • Business Administration or related field



Professional Requirements:




  • Certification in Inventory Management or Supply Chain (added advantage)

  • Knowledge of pharmaceutical products and storage requirements

  • Familiarity with PCN regulations and guidelines (Nigeria)



Experience:





  • Minimum of 2–4 years experience in inventory/store management (preferably in a pharmacy or hospital setting)





Required Skills & Competencies:




  • Strong attention to detail and accuracy

  • Good knowledge of inventory software (e.g., Excel, ERP systems)

  • Analytical and problem-solving skills

  • Organizational and time management skills

  • Integrity and accountability

  • Good communication and teamwork skills

  • Ability to work under pressure and meet deadlines.



Additional Requirements:




  • High level of honesty and trustworthiness

  • Ability to handle confidential information

  • Willingness to learn and adapt to new systems.



Working Conditions




  • Work involves standing, lifting, and handling stock items

  • May require extended hours during stock-taking or audits.



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