Drinks.ng is looking for a competent and experienced Inventory Manager to manage, monitor and report on the company’s inventory. Your job is important since the efficient handling of the company’s stock supply is critical for the attainment of business goals. Your key objectives are avoiding shortages and maintaining smooth operation. This role requires timely and accurate tracking of inventory levels analytically to ensure that physical stock levels tally with the stock levels displayed on the system. You will also ensure that stock levels stay within acceptable ranges. You must maintain a deep awareness of the organization’s process flow. Success in this role will be demonstrated by adhering to set production rules. The goal is to ensure that all business operations have adequate stock to achieve their objectives. Responsibilities Inventory monitoring
Utilize relevant inventory monitoring tools to efficiently and accurately track and report on inventory levels across all stores.
Monitor and report on inventory losses, write offs and obsolescence across all locations
Inventory count
Coordinates regular inventory count exercise to ensure inventory balances are accurately reflected in the financial reports at all times.Ensure that inventory count procedures follow due process as documented in the company’s SOP.
Ensure that inventory count activities are properly evidenced, filed and archived.Receipt into inventory
Ensure thatdeliveries and shipments are accurately recorded and reconciled with relevant purchase documents
Verify that goods received into store meet the required quality standards.
Ensure that adequate documentations (GRN, waybill, supply invoices) supporting receipts of inventory are maintained.
Issue out of inventory Ensure that all issues out of inventory are properly authorized and backed with relevant requisition orders. Other inventory management procedures
Devise ways to optimize inventory control procedures
Studying sales numbers and forecasting future inventory needs
Ensure stock is adequate for all channels and can cover direct demand from customers
Use software to monitor demand and document characteristics of inventory
Ensures accurate inventory reconciliation
Analyze data to anticipate future needs
Ensure compliance with the company’s standard operating procedures around the inventory process.Collaborate with warehouse employees and other staff to ensure business goals are met
Reporting I. Prepare an inventory report for management on a monthly basis covering the following.Inventory movement report detailing opening position, movements in inventory during the period and closing inventory balance II. Monthly inventory stock level report by stores and SKUs III. Report on inventory write-offs, loss or obsolescence during the period IV. Gaps identified in the inventory process for the period and recommendations to management for improvement. Requirements
Minimum of 4 years of experience in inventory management
Must have a background in accounting and/or Data Analytics skills
Advanced knowledge of MS Office, primarily Excel
Exemplary analytical and organizational skills
Effective written and verbal communication skills
Detail-oriented and dependable, responsible problem-solving skills
Has a deep understanding of inventory processes and delivery systems
Job Type: Full-time Pay: ₦180,000.00 - ₦200,000.00 per month Education: