Inventory OfficerOlman Business Solutions

• Responsible for managing inventory using a computerized database and physical system. Primary objective will be to maintain adequate levels of stock to meet daily distribution demands while minimizing excess supply.

Job Responsibilities

• Oversee inventory according to company guidelines.
• Perform critical inventory tasks to ensure the correct number of items are in stock.
• Maintain updated and accurate records of inventory, including transfers and cycle counts.
• Liaison with finance team on stock valuation, inventory control practices and other accounting functions.
• Review documentation and monitor product codes to search for discrepancies; troubleshoot quantity discrepancies between stock and records.
• Develop and implement improvements to existing operational procedures to maximize efficiency and cut operations costs.
• Review operations schedules and production requirements to ensure timely order fulfillment.
• Continuous Process Improvement.
• Respond and analyze location material requests, chandelier & purchase orders; collect and analyze data to determine appropriate order quantities; process requisition for reorders from Central Store.
• Establishes and co-ordinates the operating procedures for receiving, handling, storing and shipping goods.
• Plan for Monthly Material Budget.
• Track rates of accuracy, purchase and return as well as defective items to inform quality control decisions.
• Counts incoming stock and reconciles it with requisitions.
• Updates inventory and stock location records.
• Prepare, generate, and file financial inventory reports; review reports monthly with management.
• Ensure availability of accurate Daily Inventory Report.
• Submission of Weekly Inventory Report.
• Nurture positive relationships with suppliers and provide customer service as needed.

Qualification & Experience

• A good B.Sc. Degree in Accounting or related field.
• Possession of CPIM will be an advantage
• Minimum of 3 years’ experience in similar position.
• Experience in the FCMG sector will be an advantage
• Proficient in the use of MS Office

Others:

• A numerate person ready and willing to learn with good attitude.
• Employee should be ready to work additional hours when required.
• Must be able to carry items up to 30kg.