Inventory Officer
- Full-time
Company Description
Alpha Mead Group is a Total Real Estate Solutions Company established to provide robust business support services to local and international Real Estate investors or owners with interests in Facilities Management, Real Estate Development and Advisory, Security Systems and Technologies, Training, Healthcare Management and Real Estate Financing Services.
Job Description
- Monitor and control inventory levels, tracking stock movements, and conducting regular stock counts to ensure the accuracy and completeness of inventory records.
- Implement effective inventory control procedures to ensure that no inventory is taken out of the storage facility without appropriate approval.
- Receive, inspect, and record incoming inventory shipments, verifying quantities, quality, and condition of goods and materials received against purchase orders
- Update inventory databases, systems, or spreadsheets to reflect stock transactions, adjustments, and movements, maintaining up-to-date and accurate inventory records.
- Generate inventory reports, including stock levels, aging analysis, and inventory turnover ratios, to assess inventory performance and identify trends or issues.
- Analyze demand patterns, purchase or sales forecasts, and historical data to forecast inventory requirements, set reorder points, and determine optimal stock levels.
- Coordinate with the Contract and Procurement unit to place orders for replenishment stock, ensuring timely delivery and availability of inventory items.
- Manage stock rotation, shelf-life tracking, and expiry date monitoring for perishable or time-sensitive goods, minimizing waste and spoilage.
- Implement inventory control measures to optimize inventory turnover and minimize obsolescence.
- Reconcile physical stock counts with inventory records, investigating discrepancies, and resolving inventory variances.
- Identify and investigate inventory discrepancies, stock shortages, or surplus inventory, conducting root cause analysis and implementing corrective actions.
- Collaborate with the Central Operations Unit to ensure efficient storage, handling, and distribution of consumables and other items to project sites
- Develop and maintain relationships with suppliers, vendors, and service providers whilst collaborating with the contract and procurement team in negotiating terms, pricing, and delivery schedules to ensure a reliable supply of inventory items.
- Implement inventory management best practices, standard operating procedures (SOPs), and quality standards to improve efficiency and accuracy in inventory control processes.
- Stay updated on industry trends, best practices, and regulatory requirements in inventory management, participating in training, workshops, and professional development activities.
- Execute other duties as assigned by Operations Support Manager
Qualifications
- First degree in Business Administration, Supply Chain Management, or any related field
- Minimum of 4 years of experience in inventory management, stock control, or warehouse operations, preferably in a real estate, retail, or distribution environment.
- Strong analytical and numerical skills, with the ability to analyze inventory data, interpret trends, and make data-driven decisions.
- Proficiency in inventory management software, ERP systems, and Microsoft Office suite (Excel, Word, Outlook).
- Excellent communication skills expressed both in written and oral
- Excellent organizational and time management skills
- Attention to detail and accuracy in inventory record-keeping, stock tracking, and data entry.
- Effective interpersonal skills, with the ability to work collaboratively with cross-functional teams and external stakeholders.
- Problem-solving and decision-making abilities, with the capacity to identify issues, analyze root causes, and implement effective solutions.
- Commitment to continuous improvement, focussing on optimizing inventory processes, reducing costs, and enhancing efficiency.
Additional Information
- Possess an energetic, outgoing, and friendly demeanour.
- Excellent leadership skills
- Good time-management skills.
- Persuasive and goal-oriented
- Sense of ownership and pride in your performance and its impact on a company’s success.
- Critical thinking and problem-solving skills.