Inventory Specialist at a Leading Luxury Retail Store - Ace Recruiters

Ace Recruiters - Our client is one of Nigeria’s leading luxury retail stores, that has been the benchmark for excellence for over 10 years. They are known for their passion for curating the finest luxury outfits and a commitment to providing exceptional service to clients. Their brands include a curated selection of the world's most luxurious brands, as well as indigenous luxury brands.

They are recruiting to fill the position below:

Job Title: Inventory Specialist

Location: Lekki, Lagos
Employment Type: Full-time

Job Summary

• 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

• BSc/ 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.
• Experience working in the Fashion Industry as an Inventory Specialist is a mandatroy requirement for consideration.
• Residing on the Island and its environs is an added advantage for consideration.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their Applications to: [email protected] using the job title as the subject of the mail.