Inventory Officer

The Label Store is a dynamic retail business that caters to a diverse range of customer needs. In addition to clothing and accessories, they also offer a carefully curated selection of groceries. With an emphasis on high quality and healthy products, the Label Store's grocery section is a favorite among health conscious shoppers. From fresh produce to pantry staples, the Label Store ensures that all of their products meet strict quality standards. With a dedication to offering an unparalleled shopping experience, the Label Store has become a one-stop-shop for customers looking for fashion forward clothing, stylish accessoriesand wholesome groceries. We are recruiting to fill the position below:

Job Title: Inventory Officer

Location: Lagos

Employment Type: Full-time

Job Summary

We are looking for a diligent and detail-oriented Inventory Officer to manage and monitor the company’s stock levels, inventory records, stock movements, and reconciliations. The ideal candidate should be able to maintain accurate inventory records, identify discrepancies, and ensure that stock is properly received, stored, issued, and accounted for.

Responsibilities

Monitor and maintain accurate records of all stock received, transferred, issued, and sold. Conduct regular physical stock counts and reconcile physical stock with system records. Receive and verify goods delivered to the company against invoices, delivery notes, and purchase orders. Inspect received goods for quantity, quality, damages, and expiry dates where applicable. Ensure proper arrangement, labelling, and storage of goods to facilitate easy identification and stock control. Monitor stock levels and promptly report low-stock, excess-stock, damaged, expired, or slow-moving items. Investigate and report inventory discrepancies, shortages, and variances. Maintain accurate records of stock transfers between branches, departments, and storage areas. Prepare daily, weekly, and monthly inventory reports for management. Monitor stock movement and ensure that all stock issued or transferred is properly documented. Work closely with the Accounts, Procurement, Sales, and Store teams to ensure proper inventory control. Assist in periodic stock-taking exercises and ensure proper documentation of stock counts. Monitor products approaching expiry and ensure appropriate action is taken to minimise losses. Ensure compliance with the company’s inventory control procedures and policies. Perform other inventory-related duties as assigned by management.