Inventory Team Lead at E’sorae Luxury Brand Full Time

E’Sorae is your target brand for luxury and premium quality bed, bath, and fragrance products. E’Sorae has carved a niche for itself in the retail and hospitality industry by offering a wide selection of high-quality luxury towels, bathrobes, bedding, and other home essentials, that don’t cost an arm and a leg. We are obsessed with comfort, elegance, ambiance, and well-being, and revolutionizing the bedding industry, reshaping it from the ground up… Providing an exquisite kind of rest, just for you.

We are seeking competent, self motivated, hardworking and result driven professional to fill the position below:

Job Title: Inventory Team Lead

Location: Lekki, Lagos
Employment Type: Full-time
Reporting Line: Head of Inventory
Start Date: Immediately

Job Summary

• The Inventory is at the heart of efficiency in E’sorae Luxury.
• The Inventory Supervisor is crucial to support lean production efficiency drive.
• Manage flow of inventory in a manner that efficiently manage flow of information to accommodate forecasted demand from Production
• Monitor material usage for efficiency and minimize operational wastage
• Clear inventory at all times from gluts by raising issues when inventory levels are high; and shortage when inventory levels are low
• Oversee stock counting exercises for preciseness and against errors

Responsibilities
Production Planning:

• Organize workflow to meet specifications and deadlines
• Work with the head of production to plan usage of materials
• Define monthly inventory levels for all materials in custody
• Review the Bill of Material templates for all products to develop an understanding of raw material needs per product
• Establish workflow policies that enhance speed and efficiency without compromising product safety or integrity
• Forecast inventory requirements weekly
• Review sales forecasts and customer demands to understand the product demands in the market for each season
• Plan the procurement process based on the production plan forecast, available raw materials and lead time
• Provide inventory data to the accounting department weekly.

Inventory Order Management:

• Monitor movement of goods in the inventory stores i.e. receiving and delivering goods from the warehouse
• Monitor raw materials in warehouse and finished goods in inventory stores for space management and proper management
• Monitor stock levels in raw materials warehouse and finished products stores to ensure efficient inventory management
• Evaluate raw materials waste vis-a-via production efficiency and capacity and report to management
• Monitor monthly stock usage

Audit and Review:

• Prepare report on the flow of raw materials
• Ensure Production sign-off on all items received on the ERP
• Liaise with Finance and Audit for reconciliation on items in the Inventory

Stock Counting:

• Plan for monthly stock counting exercise with Audit
• Ensure that inventory count figures is at fingertips at any point
• Ensure complete stock accounting of raw materials and finished goods

Health and Safety:

• Enforce health and safety precautions for employees working in inventory
• Ensure goods are properly stacked to avoid accidents and injury to employees
• Ensure that team follows company policies and safety standards
• Ensure all employees follow industry standard health and safety guidelines

Budgeting and Reporting:

• Establish workflow policies that enhance speed and efficiency without compromising product safety or integrity
• Align with production manager on cost control programs
• Analyse budget, continuously control procurement cost; identify
• Prepare and maintain regular inventory reports
• Communicate any problems or obstacles to senior management
• Evaluate performance and advise accordingly.
• Prepare procurement plans and progress reports as required
• Assist in measuring and assessing the performance of the company
• Establish performance goals for procurement and inventory department.
• Derive inventory metrics that can track departmental success.
• Monitor and report various metrics used by the department.

Innovation and Process Improvement:

• Suggest and support improvement process within the production process
• Recommend cost reduction initiatives
• Suggest process improvements to enhance production quality and capacity
• Develop production program and guidelines to support company objectives

Qualifications & Experience

• B.Sc Degree
• Minimum of five (5) years’ experience in Inventory Management in a similar or related industry
• Experience in multi-level warehouse management
• Understanding of Production Planning and Inventory Control Procedures
• Deep knowledge of production management
• Understanding of quality standards and health & safety regulations
• Knowledge of performance evaluation and budgeting concepts
• Proficient in MS Office
• Ability to coach and mentor employees on a one-on-one basis as well as a group
• Must possess the ability to handle responsibility and the pressure of meeting deadlines

Skills & Competency:

• Excellent organizational and leaderships skills
• Attention to detail and deadline-driven
• Strong decision-making skills and a result-driven approach
• Leadership and interpersonal skills
• Project management skills
• Excellent management skills
• Sound problem solving skills
• Good people management skill
• IT and numerical skills results
• Excellent planning skills
• Outstanding communication
• Reliable and trustworthy.
• High accuracy and attention to detail
• Excellent multi-tasking skills.
• Excellent time management skills
• Goal-oriented, organized team player.

Application Closing Date
20th October, 2021.

How to Apply
Interested and qualified candidates should send their updated CV to: [email protected] using “Inventory Team Lead” as the subject of the email.