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  • Posted: Oct 15, 2021
    Deadline: Oct 20, 2021
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  • The company was founded in 2010, with the motive to provide the finest selection of bedding and home accessories available, along with unsurpassed customer service to our esteemed clients whilst paying attention to progressive detail from our operations outcome. The internet also provided new possibilities to E’sorae Luxury, judging from our social med...
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    Inventory Team Lead

    Location: Lekki, Lagos
    Reporting Line: Head of Inventory
    Start Date: Immediately

    Job Summary

    • The Inventory is at the heart of efficiency in E’sorae Luxury.
    • The Inventory Supervisor is crucial to support lean production efficiency drive.
    • Manage flow of inventory in a manner that efficiently manage flow of information to accommodate forecasted demand from Production
    • Monitor material usage for efficiency and minimize operational wastage
    • Clear inventory at all times from gluts by raising issues when inventory levels are high; and shortage when inventory levels are low
    • Oversee stock counting exercises for preciseness and against errors

    Responsibilities
    Production Planning:

    • Organize workflow to meet specifications and deadlines
    • Work with the head of production to plan usage of materials
    • Define monthly inventory levels for all materials in custody
    • Review the Bill of Material templates for all products to develop an understanding of raw material needs per product
    • Establish workflow policies that enhance speed and efficiency without compromising product safety or integrity
    • Forecast inventory requirements weekly
    • Review sales forecasts and customer demands to understand the product demands in the market for each season
    • Plan the procurement process based on the production plan forecast, available raw materials and lead time
    • Provide inventory data to the accounting department weekly.

    Inventory Order Management:

    • Monitor movement of goods in the inventory stores i.e. receiving and delivering goods from the warehouse
    • Monitor raw materials in warehouse and finished goods in inventory stores for space management and proper management
    • Monitor stock levels in raw materials warehouse and finished products stores to ensure efficient inventory management
    • Evaluate raw materials waste vis-a-via production efficiency and capacity and report to management
    • Monitor monthly stock usage

    Audit and Review:

    • Prepare report on the flow of raw materials
    • Ensure Production sign-off on all items received on the ERP
    • Liaise with Finance and Audit for reconciliation on items in the Inventory

    Stock Counting:

    • Plan for monthly stock counting exercise with Audit
    • Ensure that inventory count figures is at fingertips at any point
    • Ensure complete stock accounting of raw materials and finished goods

    Health and Safety:

    • Enforce health and safety precautions for employees working in inventory
    • Ensure goods are properly stacked to avoid accidents and injury to employees
    • Ensure that team follows company policies and safety standards
    • Ensure all employees follow industry standard health and safety guidelines

    Budgeting and Reporting:

    • Establish workflow policies that enhance speed and efficiency without compromising product safety or integrity
    • Align with production manager on cost control programs
    • Analyse budget, continuously control procurement cost; identify
    • Prepare and maintain regular inventory reports
    • Communicate any problems or obstacles to senior management
    • Evaluate performance and advise accordingly.
    • Prepare procurement plans and progress reports as required
    • Assist in measuring and assessing the performance of the company
    • Establish performance goals for procurement and inventory department.
    • Derive inventory metrics that can track departmental success.
    • Monitor and report various metrics used by the department.

    Innovation and Process Improvement:

    • Suggest and support improvement process within the production process
    • Recommend cost reduction initiatives
    • Suggest process improvements to enhance production quality and capacity
    • Develop production program and guidelines to support company objectives

    Qualifications & Experience

    • B.Sc Degree
    • Minimum of five (5) years’ experience in Inventory Management in a similar or related industry
    • Experience in multi-level warehouse management
    • Understanding of Production Planning and Inventory Control Procedures
    • Deep knowledge of production management
    • Understanding of quality standards and health & safety regulations
    • Knowledge of performance evaluation and budgeting concepts
    • Proficient in MS Office
    • Ability to coach and mentor employees on a one-on-one basis as well as a group
    • Must possess the ability to handle responsibility and the pressure of meeting deadlines

    Skills & Competency:

    • Excellent organizational and leaderships skills
    • Attention to detail and deadline-driven
    • Strong decision-making skills and a result-driven approach
    • Leadership and interpersonal skills
    • Project management skills
    • Excellent management skills
    • Sound problem solving skills
    • Good people management skill
    • IT and numerical skills results
    • Excellent planning skills
    • Outstanding communication
    • Reliable and trustworthy.
    • High accuracy and attention to detail
    • Excellent multi-tasking skills.
    • Excellent time management skills
    • Goal-oriented, organized team player.

    Method of Application

    Interested and qualified candidates should send their updated CV to: [email protected] using "Inventory Team Lead" as the subject of the email.

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

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