Inventory Management Specialist at Ace Recruiters Talent Solutions

Ace Recruiters Talent Solutions is a consulting firm, dedicated to linking the best talents with valued employers, who create a workplace where employees can grow ad build their careers.

We are recruiting to fill the position below:

Job Title: Inventory Management Specialist

Location: Lekki, Lagos
Employment Type: Full-time

Job Description

• The Inventory Specialist would be responsible for meticulously managing the inventory of high-end fashion merchandise within a luxury retail store, ensuring accurate stock levels, proper storage, and timely reporting, while upholding the brand's image by handling delicate items with care and maintaining a high level of organization to optimize sales and customer experience.

Key Responsibilities
Inventory Control and Accuracy:

• Conduct regular physical inventory counts to verify stock levels against system records, identifying discrepancies and resolving issues promptly.
• Perform cycle counts on high-value items to maintain accurate inventory data.
• Monitor stock levels and generate purchase orders to replenish inventory based on sales trends and demand forecasting.
• Ensure proper storage and handling of delicate luxury items, including appropriate packaging and display.

Receiving and Processing Shipments:

• Verify incoming deliveries against purchase orders for accuracy, including quantity, quality, and condition.
• Inspect merchandise for damage or defects upon receipt, reporting any issues to relevant parties.
• Accurately enter inventory details into the POS system, including size, color, and style variations.

Sales Floor Support:

• Assist sales associates with product inquiries, locating specific items on the sales floor, and providing detailed information about merchandise.
• Collaborate with sales teams to identify and address potential stock issues that could impact sales.
• Monitor and report on slow-selling items to support inventory management strategies.

Reporting and Analysis:

• Generate detailed inventory reports on stock levels, sales trends, and potential stock discrepancies.
• Analyze sales data to identify best-selling items and optimize inventory allocation.
• Monitor stock turnover rates and identify opportunities to improve inventory efficiency.

Compliance and Security:

• Adhere to strict security protocols for handling valuable luxury merchandise, including proper tagging and monitoring of inventory.
• Maintain accurate records of all inventory movements and transactions.
• Comply with company policies regarding inventory management and reporting procedures.

Required Skills and Qualifications

• B.Sc / HND in Accounting, Statistics, or related field
• Minimum of 5 years’ experience as an Inventory Management in a luxury retail fashion store
• Certification in supply chain management is an added advantage
• Strong attention to detail and exceptional accuracy in data entry
• Excellent mathematical skills for inventory calculations and analysis.
• Proven experience in inventory management within a retail environment, ideally with luxury fashion experience.
• Proficiency with POS systems and inventory management software.
• Excellent organizational and time management skills to prioritize tasks effectively.
• Ability to work independently and as part of a team, collaborating with sales associates and management.
• Understanding of luxury brand standards and customer service expectations.

Salary
N200,000 - N300,000 Monthly.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their Applications to: acerecruiters@outlook.com using the Job Title as the subject of the mail.