Inventory Officer at Buymore Supermarket

Location: Opic Isheri, Ogun

Responsibilities
Inventory Checks and Control:

• Devise ways to optimize inventory control procedures
• Maintain an updated and accurate records of inventory
• Inspect the level of merchandise / goods supplied to identify shortages
• Ensure product stock is adequate for all distribution channels and can cover direct demand from customers
• Record daily deliveries and shipments to reconcile inventory
• Ensure quantity on the supply invoices corresponds with supplied goods
• Use software to monitor demand and document characteristics of inventory
• Place orders to replenish stock avoiding insufficiencies or excessive surplus
• Auction damaged goods according to the policies and procedures
• Analyze data to anticipate future needs
• Collaborate with warehouse employees and other staff to ensure business goals are met
• Report to upper management on stock levels, issues etc.

Cost Control/ Reduction:

• Work in conjunction with Finance and Procurement department to ensure maximum profitability
• Negotiate prices with suppliers without compromising on quality on goods/ merchandize
• Notify suppliers on expiry date on goods to avoid complaints from customers
• Evaluate suppliers to achieve cost-effective deals and maintain trust relationships
• Negotiate payment terms with suppliers in favor of the management of Buymore

Finance Management:

• Submit all invoices to Account department for processing

Other duties:

• Ensure the retail shop is always presented and merchandised to the highest standards whilst maintaining focus on the most profitable items.
• Stays abreast of competitors within the industry.
• Conduct price survey from time to time to ensure our prices are within the industry standard.
• Oversee opening and closing of the store room and the facility
• Build and maintain strong relationships with suppliers
• Notify Procurement of price increment
• Work with Business Operations Manager on inventory discrepancies and loss prevention and product knowledge training for sales staff
• Send weekly and monthly report to the management
• Performs other duties and responsibilities as assigned by the management.