Inventory Officer at Agricare Std Plus Ltd

Job Overview

Location
Lagos, Oyo
Job Type
Full Time
Date Posted
9 days ago

Additional Details

Job ID
159667
Job Views
29

Job Description






Job Summary




  • We are looking for an experienced Inventory Officer who will oversee all aspects of inventory management, including stock control, procurement, storage, and distribution.

  • The role involves maintaining accurate inventory records, analyzing stock levels, and implementing measures to optimize inventory turnover and minimize stockouts and excess inventory.



Key Responsibilities




  • Monitor and control inventory levels, tracking stock movements, and conducting regular stock counts to ensure accuracy and completeness of inventory records.

  • Receive, inspect, and record incoming inventory shipments, verifying quantities, quality, and condition of goods received against purchase orders or packing slips.

  • Update inventory databases, systems, or spreadsheets to reflect stock transactions, adjustments, and movements, maintaining up-to-date and accurate inventory records.

  • Generate inventory reports, including stock levels, aging analysis, and inventory turnover ratios, to assess inventory performance and identify trends or issues.

  • Analyze demand patterns, sales forecasts, and historical data to forecast inventory requirements, set reorder points, and determine optimal stock levels.

  • Coordinate with procurement and purchasing teams to place orders for replenishment stock, ensuring timely delivery and availability of inventory items.

  • Manage stock rotation, shelf-life tracking, and expiry date monitoring for perishable or time-sensitive goods, minimizing waste and spoilage.

  • Conduct regular inventory audits, reconciling physical stock counts with inventory records, investigating discrepancies, and resolving inventory variances.

  • Identify and investigate inventory discrepancies, stock shortages, or surplus inventory, conducting root cause analysis and implementing corrective actions.



Qualifications and Skills




  • BSC/HND or its equivalent. Additional education in Supply Chain Management or related field is an advantage.

  • Proven experience working in an inventory management role, preferably in a warehouse or logistics environment for at least Three (3) years

  • Strong mathematical and analytical skills with an attention to detail.

  • Proficiency in using inventory management software and Microsoft Office applications (Excel, Word, power point).

  • Excellent organizational and time management abilities.

  • Effective oral and written communication skills to collaborate with different teams and stakeholders.

  • Ability to work in a fast-paced environment and handle multiple tasks simultaneously.

  • We are looking for an experienced Inventory Officer who will oversee all aspects of inventory management, including stock control, procurement, storage, and distribution.

  • The role involves maintaining accurate inventory records, analyzing stock levels, and implementing measures to optimize inventory turnover and minimize stockouts and excess inventory.



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