Inventory Officer at Fort Knox Group

Job Summary

• The Inventory Officer will be responsible for monitoring, managing, and controlling stock levels within the supermarket to ensure accurate inventory records, prevent stockouts or overstocking, and support efficient store operations.
• This role involves stock tracking, conducting regular stock counts, reconciling discrepancies, and coordinating with procurement, sales, and store teams.
• The ideal candidate must be detail-oriented, organized, proactive, and skilled in inventory management systems and reporting.

Role Responsibilities

Inventory Control and Stock Management:

• Monitor stock levels and ensure timely replenishment of goods.
• Track inventory movements including receipts, transfers, sales, and returns.
• Conduct regular physical stock counts and reconcile discrepancies with system records.
• Prevent stock variances, losses, and pilferage through effective monitoring.

System and Record Management:

• Maintain accurate and up-to-date inventory records in the inventory management system.
• Update stock records for all inflows and outflows on a daily basis.
• Generate inventory reports on stock balances, fast-moving items, and slow-moving items.

Procurement and Supplier Coordination:

• Liaise with procurement teams to ensure timely ordering and delivery of stock.
• Verify received goods against purchase orders and invoices for accuracy.
• Report shortages, damages, or quality issues to suppliers and procurement officers.

Store Operations Support:

• Work closely with sales and store staff to ensure shelves are adequately stocked.
• Organize and label stock in storage areas for easy identification and retrieval.
• Support price tagging, barcoding, and inventory labeling processes.

Compliance and Risk Management:

• Enforce stock handling and storage procedures to maintain product quality.
• Ensure compliance with supermarket policies on stock management and reporting.
• Report suspicious activities, losses, or breaches of inventory control.

Reporting and Documentation:

• Prepare daily, weekly, and monthly stock reports for management review.
• Document stock adjustments, damaged goods, and expired items.
• Provide accurate data to support decision-making on stock replenishment and sales strategies.

Qualifications and Requirements
Education and Certifications:

• Bachelor’s Degree or HND in Accounting, Business Administration, Supply Chain Management, or related field.
• Professional certification in inventory or supply chain management (e.g., CIPS, APICS) is an added advantage.

Experience:

• Minimum of 1 –2 years’ experience in inventory control, stock management, or warehouse operations, preferably in retail or supermarket environments.
• Hands-on experience using inventory management software and POS systems.

Skills:
Technical and Analytical:

• Strong knowledge of inventory control processes and stock management systems.
• Ability to analyze stock reports, trends, and variances.
• Customer Service and Communication
• Excellent communication skills to coordinate with suppliers, sales staff, and management.
• Ability to explain inventory-related issues to non-technical staff clearly.

Organizational and Problem-Solving:

• Strong organizational skills to manage stock across multiple product categories.
• Ability to identify inventory inefficiencies and recommend corrective actions.

Security and Compliance:

• Basic knowledge of loss prevention techniques and stock security controls.
• Ability to enforce stock handling standards and safeguard company assets.

Teamwork and Adaptability:

• Ability to work collaboratively with cross-functional teams.
• Flexibility to work shifts, weekends, and respond to urgent stock issues.