Inventory Officer at Neveah Limited

Position Overview

• The Inventory Officer will be responsible for managing and maintaining accurate records of the company’s inventory, including raw materials, finished products, and spare parts.
• This role is critical to ensuring that the plant’s production operations run smoothly, with the right materials available at the right time.
• The Inventory Officer will work closely with procurement, production, and warehouse teams to monitor stock levels, track inventory movements, and implement inventory control procedures.

Key Responsibilities

• Inventory Management: Maintain accurate and up-to-date inventory records, including the receipt, storage, and issuance of materials and products.
• Stock Monitoring: Regularly monitor stock levels to ensure that adequate supplies are available to meet production demands, while avoiding overstocking.
• Inventory Reconciliation: Conduct regular physical inventory counts and reconcile discrepancies between physical counts and system records.
• Data Entry: Accurately enter inventory data into the company’s inventory management system, ensuring all transactions are recorded in a timely manner.
• Order Coordination: Coordinate with the procurement team to reorder materials and products as needed, ensuring timely replenishment and preventing stockouts.
• Reporting: Generate and maintain inventory reports, including stock status, inventory turnover rates, and any variances, and present these to management for review.
• Quality Control: Ensure that all inventory is stored in accordance with quality control standards, including proper labeling, packaging, and storage conditions.
• Compliance: Ensure compliance with company policies and industry regulations regarding inventory management and control.
• Waste Management: Track and report on inventory waste, working with production teams to minimize material loss and improve efficiency.

Qualifications

• Education: A minimum of an HND in Logistics, Supply Chain Management, Business Administration, or a related field.
• Experience: 3 - 5 years of experience in inventory management, preferably in a manufacturing or recycling environment.
• Technical Skills: Proficiency in inventory management software and Microsoft Excel. Experience with ERP systems is a plus.
• Attention to Detail: Strong attention to detail with the ability to spot discrepancies and errors in inventory records.
• Organizational Skills: Excellent organizational skills, with the ability to manage multiple tasks and prioritize effectively.
• Communication: Good verbal and written communication skills, with the ability to work well with cross-functional teams.
• Problem-Solving: Ability to identify and resolve inventory-related issues in a timely manner.
• Physical Stamina: Ability to perform physical tasks such as lifting and moving inventory items as needed