Job Summary

• We are seeking a detail-oriented and proactive Inventory Analyst to manage and optimize inventory levels across our retail pharmacy.
• The ideal candidate will ensure accurate stock records, minimize shortages or overstocking, and support efficient pharmacy operations by providing timely data analysis and inventory insights.

Key Responsibilities

• Monitor and analyze inventory levels for all pharmaceutical and non-pharmaceutical products.
• Maintain accurate stock records using pharmacy inventory management systems (e.g., Shelf Life, SmartRx).
• Track product expiration dates and coordinate timely disposal or return to suppliers.
• Forecast inventory needs based on sales trends, seasonality, and promotional activity.
• Conduct regular physical stock counts and reconcile with system data to identify variances.
• Collaborate with pharmacists and procurement teams to manage replenishment orders.
• Set reorder levels and alert thresholds for critical and high-demand medications.
• Identify and report inventory discrepancies, pilferage, or wastage.
• Generate inventory reports (weekly/monthly) for management review.
• Assist in implementing inventory control policies and improving inventory turnover ratios.
• Ensure compliance with regulatory standards and pharmaceutical inventory guidelines (e.g., NAFDAC).

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• Minimum of 2 years’ experience in inventory analysis or stock control.
• Proficiency in inventory management software and Microsoft Excel.
• Analytical mindset with excellent attention to detail.
• Strong communication and problem-solving skills.
• Familiarity with regulatory standards in the pharmaceutical sector.

Key Attributes:

• Integrity and accuracy in record-keeping
• Ability to work under pressure and meet deadlines
• A team player with a proactive approach to problem-solving