Inventory Manager at The Place

Job Description

• Develop, document and implement best practice inventory control and management control and processes.
• Ensure warehouse layout is optimally utilized by constantly reviewing layout, space utilization and materials
• Liaise with procurement and inbound logistics to ensure effective planning of stock activities using historic sales data and adequate documentation
• Define minimum stock level and reorder quantity taking lead time of each item into consideration. Ensure this is regularly updated in line with changes in business operations
• Develop and implement policies to ensure stock items are properly stored in the warehouse to prevent damage and loss
• Develop effective supply chain procedures and ensure proper communication between central warehouse and outlet storekeepers/accountants in terms of items transferred to the outlets.
• Devise ways to optimize inventory control procedures
• Ensure adequate stock accounting records are maintained for stock receipts and issuance and inter-company balanced at all times.
• Monitor stock level on daily basis and ensure adequate stock levels are maintained at all times in line with sales
• Authorize all stock good receipt and dispatch from central warehouse and equipment
• Analyse data to anticipate future needs
• Ensure the rule of First-in-first-out is complied with across all warehouse and our stores. Also ensure that perishable stock like plantain are painstakingly sorted at the point of receipt to ensure that riper/ softer ones that are more likely to perish sooner are used first
• Oversee warehouse staff and conduct performance appraisal on a timely basis
• Drive capacity building and training of warehouse staff including induction and orientation for new staff
• Define and implement an optimal departmental structure to support expanding operations of the Company
• Continuously review warehouse activities and identify and implement initiation
• Ensure regular stock count exercise are performed and all discrepancies are resolved in a timely manner
• Investigate in conjunction with internal audit damage/obsolete or missing stock items
• Get approval from management/financial controller on stock adjustments
• Coordinate and oversee the reorder cycle of all warehouse to eliminate stock out
• Ensure implementation of good housekeeping principles within the warehouse
•  Liaise with Procurement to define and update standards for inputs/ raw materials: photo of standard, shape, size (dimension/ weight), ripeness, colouration, texture etc (particularly for inconsistent raw agricultural products): eg plantain, pepper, tomato, asun; (fish, prawn & snail etc size)
• Ensure compliance with standards on inputs/ raw materials received into store (thoroughly check, reject sub-standard items, promptly report/ record, track and resolve issues)
• Carry out research and liaise with maintenance to define and update optimal storage, preservation or ripening practices for item in store, and ensure compliance.

Qualifications

• An analytical mind with excellent numeric abilities
• Microsoft office skills especially Microsoft Excel skill
• Strong problem solving skills
• Strong leadership and supervisory skills
• Display of a high level of integrity
• Experience of Inventory Management on ERP eg Microsoft Navision is a must
• 5-7 professional work experience with relevant warehouse/inventory experience
• Experience in food industry would be an added advantage
• An external or internal audit background is an added advantage
• Minimum of a B.Sc/HND in any related discipline.