Inventory Officer - Prime Qatar
Posted on :
17-09-2024
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1 Vacancy
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Job Description
Job Brief:
As an Inventory Officer you will oversee all aspects of inventory management including stock control procurement storage and distribution. Your role involves maintaining accurate inventory records analyzing stock levels and implementing measures to optimize inventory turnover and minimize stockouts and excess inventory.
Responsibilities:
- Monitor and control inventory levels tracking stock movements and conducting regular stock counts to ensure accuracy and completeness of inventory records.
- Receive inspect and record incoming inventory shipments verifying quantities quality and condition of goods received against purchase orders or packing slips.
- Update inventory databases systems or spreadsheets to reflect stock transactions adjustments and movements maintaining uptodate 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 sales forecasts and historical data to forecast inventory requirements set reorder points and determine optimal stock levels.
- Coordinate with procurement and purchasing teams to place orders for replenishment stock ensuring timely delivery and availability of inventory items.
- Manage stock rotation shelflife tracking and expiry date monitoring for perishable or timesensitive goods minimizing waste and spoilage.
- Implement inventory control measures such as FIFO (firstin firstout) or LIFO (lastin firstout) to optimize inventory turnover and minimize obsolescence.
- Conduct regular inventory audits reconciling 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 warehouse and logistics teams to ensure efficient storage handling and distribution of inventory items optimizing warehouse layout and organization.
- Develop and maintain relationships with suppliers vendors and service providers negotiating terms pricing and delivery schedules to ensure 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.
- Train and supervise inventory staff providing guidance coaching and support to ensure compliance with inventory management policies and procedures.
- Stay updated on industry trends best practices and regulatory requirements in inventory management participating in training workshops and professional development activities.
Job Type: Fulltime
Pay: QAR2500.00 QAR3000.00 per month
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Employment Type
Full Time
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