Regional/Branch Inventory Manager

Minimum Qualifications:

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
• Relevant certification is required.

Experience:

• Minimum of 10 years of experience in inventory management, with at least 3 years in a leadership role within the automotive industry.

Skills:

• Strong knowledge of inventory management best practices and supply chain management.
• Excellent analytical, organizational, and problem-solving skills.
• Proficiency in inventory management software and Microsoft Office Suite.
• Strong leadership and communication skills.
• Ability to work under pressure and manage multiple tasks simultaneously.
• Knowledge of the Nigerian automotive market and supply chain practices is an advantage.

Role Description: The Regional/Branch Inventory Manager will oversee and manage all inventory operations within our automobile company. This role is crucial for ensuring that all necessary materials, spare parts, and products are maintained efficiently, cost-effectively, and in a timely manner to support regional/branch operations. The ideal candidate will have strong organizational abilities, excellent analytical skills, and extensive experience in inventory management within the automotive industry.

Key Responsibilities:

• Inventory Management:

  • Develop and implement inventory management strategies to ensure optimal stock levels.
  • Monitor and maintain accurate records of all inventories, including receiving, storing, and issuing materials.
  • Conduct regular audits and reconciliations to prevent discrepancies and ensure accuracy.
  • Coordinate with the sales and production teams to forecast demand and plan inventory levels accordingly.

• Supplier Coordination:

  • Identify, evaluate, and coordinate with suppliers to ensure timely delivery of materials.
  • Maintain strong relationships with suppliers to secure advantageous terms.
  • Address any supplier-related issues promptly to ensure compliance with contractual terms.

• Operational Efficiency:

  • Continuously evaluate and improve inventory management processes to enhance efficiency and reduce costs.
  • Implement best practices in inventory control to minimize waste and optimize space utilization.
  • Utilize inventory management software to track and manage stock levels effectively.

• Budget and Cost Management:

  • Develop and manage the inventory budget to ensure cost-effective stock management.
  • Track and report on inventory expenditures, identifying opportunities for cost savings.
  • Implement cost reduction initiatives without compromising quality or delivery timelines.

• Team Leadership:

  • Lead and mentor the inventory management team, providing guidance and support to achieve departmental goals.
  • Foster a collaborative and high-performance culture within the team.
  • Conduct performance reviews and identify development opportunities for team members.

• Compliance and Risk Management:

  • Ensure compliance with all relevant regulations, standards, and company policies.
  • Identify and mitigate inventory-related risks, including supply chain disruptions and quality issues.
  • Implement measures to safeguard materials against theft, damage, or loss.