Inventory Officer at 3 MAT Supermarkets

Description 

• We are currently seeking an experienced and meticulous Inventory Manager to oversee our inventory operations at 3 MAT Supermarket.
• The Inventory Manager will be responsible for planning, organizing, and managing inventory levels to ensure adequate stock while minimizing excess or obsolete inventory.
• This role requires strong analytical skills, attention to detail, and the ability to optimize inventory processes efficiently.

Responsibilities
Inventory Planning and Control:

• Develop and implement inventory management strategies to optimize inventory levels and minimize carrying costs.
• Forecast inventory needs based on sales trends, seasonal demand, and upcoming promotions.
• Analyze inventory data and conduct regular assessments to identify slow-moving or obsolete items.
• Establish and maintain optimal stock levels while ensuring product availability.

Inventory Tracking and Record-Keeping:

• Oversee the accurate recording of inventory movements, including receipts, shipments, and adjustments.
• Utilize inventory management software or systems to track inventory levels and transactions in real-time.
• Conduct regular inventory audits to reconcile physical stock counts with system records.

Supplier Coordination and Procurement:

• Collaborate with suppliers to ensure timely and accurate delivery of goods.
• Negotiate pricing, terms, and contracts with suppliers to optimize inventory costs.
• Monitor supplier performance and address any issues related to quality, delivery, or pricing.

Team Management and Training:

• Lead and supervise inventory control staff, providing guidance and support as needed.
• Train employees on inventory management procedures and best practices.
• Foster a collaborative and efficient work environment within the inventory management team.

Reporting and Analysis:

• Generate inventory reports detailing stock levels, turnover rates, and inventory aging.
• Analyze inventory data to identify trends, discrepancies, or areas for improvement.
• Provide actionable insights and recommendations to enhance inventory efficiency.

Qualifications

• Bachelor's Degree in Business Administration, Supply Chain Management, Logistics, or a related field.
• Proven work experience in inventory management or a similar role.
• Strong analytical skills with proficiency in inventory management software or systems.
• Excellent organizational and problem-solving abilities.
• Ability to multitask, prioritize, and meet deadlines in a fast-paced environment.
• Effective communication and leadership skills.

Additional Skills (Preferred):

• Knowledge of lean inventory principles and continuous improvement methodologies.
• Experience with demand planning and forecasting techniques.
• Familiarity with ERP (Enterprise Resource Planning) systems.
• Certification in inventory management or supply chain management (e.g., CPIM - Certified in Production and Inventory Management).