Job Summary

• The Inventory Officer is responsible for managing and overseeing all aspects of the store inventory management, including stock control, storage, and issuance of materials.
• This involves maintaining optimal stock levels, tracking inventory, ensuring the accuracy of inventory records, and implementing measures to minimize stockouts as well as prevent excess stocking.
• The Inventory Officer will work closely with various departments to ensure smooth operations and efficient supply chain management.

Responsibilities

• Receive, inspect, and record incoming materials, verifying quantity, quality, and condition against purchase orders.
• Monitor and control inventory levels, track stock movements, and conduct regular stock counts to ensure accuracy of inventory records.
• Update inventory ERP systems to reflect stock transactions, adjustments, and movements accurately.
• Coordinate with procurement teams to place orders for replenishment stock, ensuring timely delivery and availability of inventory items.
• Prepare and present weekly inventory reports showing summaries of receipts, issuances, opening stock, closing balance, stock variances, and other required documentation.
• Investigate and resolve discrepancies in inventory records promptly.
• Collaborate with other departments to forecast inventory needs, plan accordingly, and implement inventory control procedures and best practices.
• Maintain compliance with organizational policies, safety standards, and regulatory requirements related to inventory management.