Inventory Officer at Dang Lifestyle

Overview   

• In this role, you will be responsible to monitor and report on the DANG’s inventory levels.
• You will also be responsible for developing inventory tracking systems, reviewing levels of supplies, ordering new materials, and performing a daily analysis.

Key Responsibilities

• Prepare purchase orders
• Receive, store and issue inventories
• Manage stock levels and distribute supplies from stock
• Maintain stock records using manual or computerized systems
• Update inventory on the website’s backend
• Coordinate inventory and warehousing functions
• Conduct regular physical inventory audits and cycle counts
• Reconcile physical stock with the stock in the system or inventory log
• Check the inventory software daily to monitor stock movement and maintain the optimal reorder level
• Notify the team of new inventory received and update relevant systems
• Devise ways to optimize inventory control procedures
• Inspect the levels of business supplies and raw material to identify shortages
• Notify the Procurement Officer when stock is low
• Ensure product stock is adequate for all distribution channels and can cover direct demand from customers
• Record daily deliveries to reconcile inventory
• Monitor demand and document characteristics of inventory
• Maintain records of receipts as well as issuance of items that are going out of the storeroom to ensure accuracy and completeness
• Collaborate with the Logistics and Fulfillment Supervisor to coordinate the movement of products and ensure timely delivery of products to customers
• Place orders to replenish stock avoiding insufficiencies or excessive surplus
• Analyze data to anticipate future needs
• Evaluate suppliers to achieve cost-effective deals and maintain trust relationships
• Supervise the offloading process and arrangement of merchandise, materials and other consignment so that it can be easily assessed
• Ensure merchandise is stored in the stock room, using an orderly system for easy identification and retrieval
• Develop procedures to avoid overstocking items that tie up cash and creates storage difficulties
• Prepare reports on adjustments done on inventories that may be damaged, spoilt, etc.
• Identify and mitigate inventory related risks
• Generate and analyse inventory reports for ManagementPerform other duties as assigned.

Key Interactions 

• Internal Interaction: Accountant, Operations and Admin Supervisor, Sales Supervisor, Executive Assistant, Procurement Officer, Logistics and Fulfillment Lead, Logistics Officer
• External Interaction: Vendors

Requirements
Education and Experience:

• B.Sc / HND in Logistics, Inventory, Economics, Library Studies or other related field
• 2 - 4 years experience as an Inventory Officer

Technical Skills:

• Knowledge of inventory management and storage methods
• Sound knowledge of the inventory management software (ERP) and inventory tracking tools (barcode readers, scanners, etc.)
• Ability to track inventory and generate reports
• Familiarity with various software programs necessary for day-to-day operations such as Microsoft Office Suite including Word, Excel, PowerPoint etc.

Soft Skills:

• Ability to multitask, prioritize, and manage time efficiently
• High level of professionalism
• Result-oriented team player
• Good initiative, time, and stress management skills
• Good inter-personal communication abilities
• Strong organizational skill with an eye towards details
• Problem solving capabilities
• Ability to work independently without close monitoring and supervision.

Behavioural Competencies:

• Must be a trustworthy professional with outstanding record keeping and analytical abilities
• Enthusiastic about product management, creating efficiencies, and understanding processes end-to-end
• Demonstrate problem solving and analytical capabilities
• A team player who communicates and works well with a wide range of people
• Ability to thrive in a fast-paced, dynamic environment while working independently and taking initiative.

Remuneration
N120,000 - N180,000 Monthly.