• Application Deadline:
• Position: Inventory Lead


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 3 - 4 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Description

• The Inventory Lead will be responsible for maintaining accurate inventory records, coordinating inventory audits, optimizing inventory levels, and ensuring smooth operations within the factory's supply chain.

Duties & Responsibilities

Inventory Management:

• Maintain accurate records of inventory levels, stock movements, and transactions.


• Regularly conduct physical inventory counts and reconcile discrepancies.


• Monitor inventory levels and ensure optimal stock levels are maintained to meet production demands.

Inventory Control:

• Develop and implement inventory control procedures to minimize stock discrepancies and losses.


• Identify and address areas for improvement in inventory management processes.


• Implement measures to prevent stock shortages and excess inventory.

Stock Replenishment:

• Coordinate with purchasing and production departments to ensure timely replenishment of stock.


• Generate purchase orders based on inventory levels and production forecasts.


• Monitor supplier performance and address any issues related to stock delivery and quality.

Documentation and Reporting:

• Maintain accurate inventory records in the ERP system or designated inventory management software.


• Prepare regular reports on inventory status, stock movements, and trends for management review.


• Analyze inventory data to identify areas for improvement and cost-saving opportunities.

Quality Assurance:

• Ensure that all incoming and outgoing stock meets quality standards.


• Collaborate with the quality control team to address any quality issues related to inventory.

Compliance:

• Ensure compliance with all relevant regulations and standards governing inventory management.


• Maintain documentation and records necessary for audits and regulatory inspections.

Educational Qualifications, Experience & Requirements

• Bachelor's Degree in Business Administration, Supply Chain Management, Logistics, or related field.


• 3-4 years of experience in inventory management, preferably in a manufacturing or factory environment.


• Strong understanding of inventory control principles and techniques.


• Proficiency in using inventory management software and ERP systems.


• Excellent analytical and problem-solving skills.


• Strong attention to detail and accuracy.


• Effective communication and interpersonal skills.


• Ability to work independently and collaboratively in a fast-paced environment.