Inventory Officer at Olman Business Solutions (OBS) Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
4 years ago

Additional Details

Job ID
1498
Job Views
102

Job Description



Summary



  • Responsible for managing inventory using a computerized database and physical system. Primary objective will be to maintain adequate levels of stock to meet daily distribution demands while minimizing excess supply.


Job Responsibilities



  • Oversee inventory according to company guidelines.

  • Perform critical inventory tasks to ensure the correct number of items are in stock.

  • Maintain updated and accurate records of inventory, including transfers and cycle counts.

  • Liaison with finance team on stock valuation, inventory control practices and other accounting functions.

  • Review documentation and monitor product codes to search for discrepancies; troubleshoot quantity discrepancies between stock and records.

  • Develop and implement improvements to existing operational procedures to maximize efficiency and cut operations costs.

  • Review operations schedules and production requirements to ensure timely order fulfillment.

  • Continuous Process Improvement.

  • Respond and analyze location material requests, chandelier & purchase orders; collect and analyze data to determine appropriate order quantities; process requisition for reorders from Central Store.

  • Establishes and co-ordinates the operating procedures for receiving, handling, storing and shipping goods.

  • Plan for Monthly Material Budget.

  • Track rates of accuracy, purchase and return as well as defective items to inform quality control decisions.

  • Counts incoming stock and reconciles it with requisitions.

  • Updates inventory and stock location records.

  • Prepare, generate, and file financial inventory reports; review reports monthly with management.

  • Ensure availability of accurate Daily Inventory Report.

  • Submission of Weekly Inventory Report.

  • Nurture positive relationships with suppliers and provide customer service as needed.


Qualification & Experience



  • A good B.Sc. Degree in Accounting or related field.

  • Possession of CPIM will be an advantage

  • Minimum of 3 years’ experience in similar position.

  • Experience in the FCMG sector will be an advantage

  • Proficient in the use of MS Office


Others:



  • A numerate person ready and willing to learn with good attitude.

  • Employee should be ready to work additional hours when required.

  • Must be able to carry items up to 30kg.


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