Inventory Analyst at JMG

Location: Gbagada, Lagos
Department: Sales & Marketing
Division: To specify

Brief Description

• Responsible for all planning and forecasting activities associated with products.
• The role also includes planning inventory flow, analyzing statistical data and generating solutions from data gathered from sales, marketing, finance, retailer replenishment analysts, and other reliable sources.

Duties

• Analyzing item sales and stock per branch
• Forecasting sales using historical figures and branch requests
• Analyzing and predicting stock levels to cover sales forecasts
• Ensuring stock is available at specified outlets
• Distribution and redistribution of stock across branches
• Develop effective forecast models based on industry trends and demand patterns.
• Support management with risk assessments and mitigation activities.
• Propose and implement solutions to improve demand forecast accuracy.
• Successfully communicate forecast and inventory estimations to management.
• Monitor and report on important changes in sales forecasts, budgets, and business strategies.
• Address demand-related issues in a timely and effective manner.

Minimum Requirements

• Degree in Business / Supply Chain or equivalent.
• Minimum of 3 years of experience in demand planning and forecasting.
• Good knowledge of Power BI and or analytical tools.

Competencies:

• Solid understanding of inventory management practices and procedures.
• Strong mathematical and statistical knowledge.
• Good use of Microsoft Excel.
• Capability to multitask in a fast paced environment.
• Excellent written and verbal communication skills.
• Strong planning and strategic abilities
• Solid understanding of budgeting
• Analytical thinker with superior problem solving skills
• Decisive and committed
• Excellent interpersonal
• Dependable with high level of integrity and trustworthiness.