Inventory Manager

The Purple Scripts

The Purple Scripts - Our client imports groceries and consumer goods from the United States and the United Kingdom, operates an online and physical retail store, and supplies products to supermarkets and other business customers.

They are recruiting to fill the position below:

Job Title: Inventory Manager

Location: Lagos

Employment Type: Full-time

Role Summary

• Our client is seeking a detail-oriented and experienced Inventory Manager to oversee inventory control, stock management, and inventory reporting across its retail and wholesale operations.
• The successful candidate will ensure accurate stock records, optimal inventory levels, minimal losses, proper storage, and timely availability of products to support sales and business operations.

Key Responsibilities

• Maintain accurate and up-to-date inventory records across the warehouse, retail outlet, and other stock locations.
• Monitor stock levels, identify fast-moving and slow-moving products, and recommend appropriate replenishment actions.
• Establish and maintain minimum and maximum stock levels and reorder points for different product categories.
• Monitor expiry dates and batch numbers for perishable and date-sensitive products, applying the First-Expiry-First-Out (FEFO) principle where appropriate.
• Supervise the receipt of goods from suppliers, importers, and distributors.
• Verify delivered quantities, product descriptions, specifications, batch numbers, expiry dates, and physical condition against purchase orders and delivery documents.
• Investigate discrepancies between ordered, delivered, and recorded quantities and ensure timely resolution.
• Conduct regular physical stock counts and reconcile physical quantities against system records.
• Organise cycle counts and periodic full inventory audits.
• Investigate and report stock variances, including shortages, excesses, unexplained adjustments, and possible losses.
• Prepare inventory reconciliation reports and recommend corrective actions to prevent recurring discrepancies.
• Ensure products are stored safely, systematically, and under appropriate conditions.
• Maintain clear product labelling, organised storage locations, and efficient stock retrieval procedures.
• Ensure damaged, expired, recalled, or unsellable products are identified, segregated, documented, and handled according to company policy.
• Maintain compliance with applicable food safety, storage, and product-handling requirements.
• Monitor excess inventory, overstocking, dead stock, and products approaching expiry.
• Recommend markdowns, promotions, transfers, or other appropriate measures to reduce avoidable stock losses and improve inventory turnover.
• Support demand planning for both retail sales and wholesale customer orders.
• Investigate stock-related customer complaints, including incorrect quantities, missing items, and product discrepancies.
• Track key inventory performance indicators, including inventory accuracy, stockout rate, inventory turnover, wastage, and shrinkage.
• Establish clear controls over stock access, stock movements, approvals, and inventory adjustments.
• Train team members on inventory systems, documentation standards, stock-handling procedures, and safety requirements.
• Collaborate with finance, procurement, sales, and operations teams to ensure effective inventory management.

Requirements and Qualifications

• Bachelor's Degree or HND in Inventory Management, Supply Chain Management, Logistics, Business Administration, Accounting, or a related field.
• 3–5 years of relevant experience in inventory management, preferably within retail, wholesale distribution, FMCG, grocery, or warehouse operations.
• Demonstrable experience managing high-volume inventory and coordinating stock across multiple sales channels or locations.
• Proficiency in inventory management software, ERP systems, or POS-integrated inventory platforms.
• Strong Excel skills, including inventory reconciliation, stock analysis, and reporting.
• Good understanding of stock valuation, inventory control procedures, reorder planning, and warehouse operations.
• Experience handling perishable goods, expiry monitoring, and food storage requirements is an advantage.
• Able to work Mondays to Saturdays.
• Strong analytical, organisational, and problem-solving skills.
• High attention to detail, integrity, and accountability.
• Ability to supervise a team, manage competing priorities, and work under pressure.

Salary

N300,000 - N400,000 monthly.

Application Closing Date

30th October, 2026.