Inventory Control Officer at PalmPay

Role Summary:

You will be responsible for maintaining accurate inventory records, monitoring stock levels, and coordinating with various departments to ensure efficient inventory management. Your attention to detail, strong organizational skills, and ability to work in a fast-paced environment will be key to your success in this role. fintech industry.

Responsibilities:

• Maintain accurate and up-to-date inventory records using inventory management software.
• Monitor stock levels and anticipate demand to ensure timely replenishment of inventory.
• Conduct regular inventory audits to reconcile physical stock with recorded quantities.
• Identify and investigate inventory discrepancies, and take appropriate actions to resolve them.
• Coordinate with the purchasing department to ensure timely procurement of inventory items.
• Collaborate with the sales team to forecast inventory needs based on market trends and customer demand.
• Analyze inventory data to identify slow-moving or obsolete items and propose appropriate actions, such as liquidation or promotions.
• Implement and enforce inventory control procedures to minimize loss, damage, and theft.
• Coordinate with the warehouse team to ensure proper storage, labeling, and handling of inventory items.
• Generate regular reports on inventory levels, stock movements, and other relevant metrics for management review.

Qualifications:

• Minimum of HND in business administration, supply chain management, or a related field (or equivalent work experience).
• Strong attention to detail and excellent organizational skills.
• Proficient in using inventory management software and MS Office applications.
• Ability to analyze data, identify trends, and make informed recommendations.
• Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams.
• Ability to work independently and manage multiple tasks simultaneously.
• Knowledge of inventory control principles and best practices.
• Prior experience in inventory control or supply chain management in a financial institution a plus.