Inventory Officer

An exciting opportunity has arisen for a motivated professional. Location: Opic Isheri, Ogun Key Responsibilities: Inventory Checks and Control: - Devise ways to optimize inventory control procedures - Maintain an updated and accurate records of inventory - Inspect the level of merchandise / goods supplied to identify shortages - Ensure product stock is adequate for all distribution channels and can cover direct demand from customers - Record daily deliveries and shipments to reconcile inventory - Ensure quantity on the supply invoices corresponds with supplied goods - Use software to monitor demand and document characteristics of inventory - Place orders to replenish stock avoiding insufficiencies or excessive surplus - Auction damaged goods according to the policies and procedures - Analyze data to anticipate future needs - Collaborate with warehouse employees and other staff to ensure business goals are met - Report to upper management on stock levels, issues etc. Cost Control/ Reduction: - Work in conjunction with Finance and Procurement department to ensure maximum profitability - Negotiate prices with suppliers without compromising on quality on goods/ merchandize - Notify suppliers on expiry date on goods to avoid complaints from customers - Evaluate suppliers to achieve cost-effective deals and maintain trust relationships - Negotiate payment terms with suppliers in favor of the management of Buymore Finance Management: - Submit all invoices to Account department for processing Other duties: - Ensure the retail shop is always presented and merchandised to the highest standards whilst maintaining focus on the most profitable items. - Stays abreast of competitors within the industry. - Conduct price survey from time to time to ensure our prices are within the industry standard. - Oversee opening and closing of the store room and the facility - Build and maintain strong relationships with suppliers - Notify Procurement of price increment - Work with Business Operations Manager on inventory discrepancies and loss prevention and product knowledge training for sales staff - Send weekly and monthly report to the management - Performs other duties and responsibilities as assigned by the management.