Job Overview

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

Additional Details

Job ID
2133
Job Views
101

Job Description



Job Summary



  • The Inventory Lead oversees the inventory level of the company and the inventory officers towards the control and record tracking of new and existing stocks and finished products.

  • They manage, onboard, negotiate prices with various suppliers/vendors, receive materials and manage the storage of materials and arrangement of finished products based on customers' requests to ensure smooth operations.


Responsibilities



  • Oversee stock/inventory analysis and projections

  • Create annual inventory budgets for financial planning and forecasts

  • Oversee inventory management decisions in planning and buying.

  • Manage vendor communication & relationships to influence supply negotiations and ensure specifications are met

  • Ensure efficient reorder cycle process to avoid stock-outs

  • Ensure adequate products storage and store/warehouse control

  • Monitor productivity rates to improve inventory control processes for efficiency

  • Ensure inventory unit processes/activities are cost-effective by vetting, negotiating and estimating costs to fit the company’s financial plans

  • Develop and implement work instruction, SOPs for all departmental units and ensure adherence from all unit leads

  • Oversee and ensure accurate departmental data analysis, collation and documentation to ensure timely reports

  • Ensure departmental/Inventory dashboards are utilized efficiently and make improvements where necessary

  • Coaching and overseeing/supervising team leads in planning and coordinating unit processes/activities

  • Liaise and manage communications/relationships with different units, departments and external parties (suppliers/vendors, partners, etc.)

  • Work with the company’s management and team leads to implement the company's policies and goals in the department

  • Motivate the team to foster cordial relationships and great teamwork in achieving the company’s objectives

  • Review worker performance and identify training needs

  • Mentor and train team on processes and personal improvement to build their skills in the key areas


Educational Qualifications



  • HND or Degree in Business Administration, Inventory Management, Supply Chain, Finance or any related field

  • Minimum of 3 years of experience working in a similar role in a production factory

  • Solid knowledge of data analysis, inventory management software, and forecasting techniques

  • Must have an analytical mind with strong attention to detail.


As the Inventory Lead, You'll need to exert:



  • Exceptional communication, analytical and problem-solving skills

  • Strong management and leadership skills

  • Sound Numerical and negotiation skills

  • Great administrative / organizational skills and a keen eye for details

  • Thorough understanding of company products and logistics

  • Resilience under pressure and against deadlines.

Similar Jobs

Cookies

This website uses cookies to ensure you get the best experience on our website. Cookie Policy

Accept