Inventory Officer at Excel and Grace Consulting

Job Description

• The Inventory Officer is responsible for maintaining accurate inventory records, ensuring optimal stock levels, and managing the movement of steel products within the company's warehouse and retail locations. 
• This role requires meticulous attention to detail, strong organizational skills, and a solid understanding of inventory management principles.
• The Inventory Officer will play a crucial role in minimizing stock discrepancies, preventing losses, and supporting efficient order fulfillment.

Responsibilities

• Conduct regular physical stock counts and cycle counts to verify inventory accuracy and reconcile discrepancies.
• Monitor stock levels and generate reports on inventory status, including slow-moving and obsolete inventory.
• Implement and maintain proper inventory storage and handling procedures to prevent damage and ensure product quality.
• Track and manage inventory transfers between warehouse and retail locations.
• Oversee the receiving process, ensuring that incoming shipments are accurately counted, inspected for damage, and recorded in the inventory system.
• Ensure that all receiving and dispatching activities are conducted in compliance with safety regulations.
• Generate regular inventory reports, including stock level reports, discrepancy reports, and inventory valuation reports.
• Prepare and submit reports on inventory performance to management.
• Document and maintain records of all safety inspections related to inventory storage and handling.
• Communicate effectively with suppliers, customers, and internal stakeholders regarding inventory-related matters.
• Address and resolve inventory discrepancies and issues in a timely and professional manner.
• Adhere to all safety regulations and company policies related to inventory storage and handling.
• Report any safety hazards or incidents to management.
• Ensure compliance with all relevant industry regulations and standards.

Requirements

• Diploma / Bachelor's Degree in Logistics, Supply Chain Management, Business Administration, or a related field.
• Proven experience in inventory management, preferably in a wholesale or retail environment, and ideally within the steel industry or a similar heavy materials sector.
• Strong understanding of inventory management principles and best practices.
• Proficiency in using inventory management software and ERP systems.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Strong organizational and time management skills.
• Physical ability to lift and move heavy items.
• Knowledge of steel product types and specifications is a strong advantage.