Inventory Planning & Warehousing Lead at Ikeja Electricity Distribution Company

• As the Inventory Planning & Warehousing Lead, you will play a crucial role in ensuring the efficient management of receipt, storage, inventory, and issuance of materials and valuable stock.

Your contributions will include:

Stock Management:

• Physically receiving and securing stock items in designated areas within Ikeja Electric’s warehouses.

Quality Assurance:

• Verifying that all delivered materials conform to specifications before acceptance into the warehouse and prior to supplier payments.

Inventory Control:

• Conducting periodic physical checks and reconciliations to prevent pilferage and minimize damage.

Reporting and Forecasting:

• Supervising the compilation of weekly and monthly stock statements and preparing forecasts based on usage trends and consumption patterns.

System Accuracy:

• Maintaining accurate records in supply systems such as bin-cards and SAGE to ensure data integrity and compliance with audit requirements.

Skills & Competencies

• The role affords you to develop technical and behavioral competencies, that is, skills, knowledge, and behaviors required to successfully perform in the role and contribute to the organization's goals.

Technical Competencies:

• Financial Accounting
• Inventory Management
• Reconciliation
• Project Management
• Safety and Health Compliance
• Electricity Industry Regulatory Knowledge

Behavioral Competencies:

• Customer Centricity: Ensure inventory planning and warehousing strategies align with business and customer demand.
• Risk Management: Identify and mitigate inventory and warehousing risks such as stock-outs, overstocking, system failures, safety hazards, and supply disruptions.
• People Leadership: Provide leadership and oversight to inventory and warehouse teams.
• Entrepreneurship: Drive continuous improvement in inventory planning and warehousing operations by exploring innovative systems and cost-efficient
• practices that improve accuracy, efficiency, and resource utilization.
• Organizational Learning: Leverage inventory data, performance reports, and operational feedback to refine forecasting, strengthen warehouse productivity, and embed best practices across regional stores.
• Change Management: Lead and support the implementation of new inventory systems, process changes, and technological upgrades by coordinating with IT and relevant departments.

Minimum Requirement

• This opportunity is a Middle level Management role.
• The complexity of this role will work across all functions and departments of the business to drive and ensure inventory performance.
• This role directly reports to the Head of Supply Chain Management.

Successful applicants will typically possess the following criteria:

Education:

• Bachelors degree or its equivalent in Supply Chain Management, Engineering, Accounting or a related field.

Work Experience:

• A Chartered Accountant with relevant experience of 10-12 years.
• Membership of a recognized Chartered organization relevant to the post
• Cognate Industry experience