Maintain daily records of shipments, Suggested Stock Orders and invoices to see what products need to be replenished.
Study sales numbers, supply needs and vendor availabilities to come up with an estimated amount of stock to maintain.
Responsible for continuous monitoring and controlling of stock levels, back order demands using appropriate documentation. (Bin card, GRN, Requisition etc)
Introduce and implement internal controls that protect the inventory from damage, loss and theft.
To ensure that acceptable and accurate inventory levels are maintained at all times. He/she must discuss shortages, overages and all inventory levels for weekly/monthly replenishment to the merchandise manager and CEO
To coordinate the classification, labeling and warehousing of all inventory within the company’s store.
Supervises and reviews the daily organization and operation of the store, ensuring that the warehouse is optimally capable and functional.
To create and strictly adhere to a control system that will aid in the reduction of damages, breakages and inventory obsolescence.
Responsible for receiving and logging all incoming inventory from the merchandising unit into the store. The employee must complete physical inventory count as required by the company policy.
To ensure that inventory is disbursed to the shop-floor promptly and in the right quantity and make sure it is appropriately recorded.
Determine proper storage methods, identification, and stock location based on turnover, environmental factors, and physical capabilities of facilities
Examine and inspect stock items for defects, reporting any damage to Supervisor.
Generate requisition for all stock items, while maintaining stock and re-order level at all times. And ensure first in first out rule (F.I.F.O.).
Maintain daily/weekly cycle counts of all stock items and submit stock level to the Supervisor.
Preparing and monitoring store staff job results/work schedules by coaching, counseling, and disciplining employees; planning, monitoring, and appraising job results
Identifying current and future customer requirements by establishing rapport with potential and actual customers and other persons in a position to understand service requirements
Securing merchandise by ensuring security systems and measures are functioning
Responsible for preparing work schedules for the team.
Any other duties that may be assigned to you by management from time to time.
B.Sc. or HND in a related field
4-6 years’ work experience in store or inventory management. Experience in similar background will be an advantage
Ability to develop inventory strategies location wise
Ability to speed up stock turnover in the store and enhance business profitability
Result oriented, entrepreneurial and self-motivating
Tenacious and resilient, driven to achieve even when faced with obstacles
Leadership and interpersonal skills capable of building strong working relationships and influencing and customers and internal teams
Strong commercial understanding of business issues/opportunities
Strong understanding of sales and marketing strategy and planning issues
Strong analytical skills with ability to develop strategies, tactics and measurable implementation
Ability to think outside the box
Ability to meet deadlines