Job title : Inventory and Supply Chain Manager
Job Location : Lagos
Deadline : November 19, 2024
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Job Summary
The Inventory and Supply Chain Manager will oversee all inventory management and supply chain operations for the company, ensuring continuous availability of critical spare parts and materials essential for the uninterrupted operation of the plants. This senior position requires a strategic leader who can optimize inventory processes, manage supplier relationships, and implement cost-effective procurement strategies. The successful candidate will collaborate with the Chief Technical Officer (CTO) to align supply chain management with overall operational goals and long-term growth objectives.
Job Details
- Inventory Management:
- Develop and implement strategies for effective inventory management across the companyÍs facilities, ensuring the availability of critical spares, materials, and equipment.
- Monitor inventory levels of critical parts, ensuring optimal stock levels are maintained to prevent equipment downtime or operational disruptions.
- Oversee inventory control systems and ensure proper storage, tracking, and distribution of all materials.
- Supply Chain Optimization:
- Lead the development and execution of supply chain strategies that align with the company’s operational requirements and cost management goals.
- Continuously evaluate and improve supply chain processes to enhance efficiency, reduce costs, and mitigate risks.
- Ensure the timely and cost-effective procurement of all materials and services required for the company’s hydroelectric power plants and other operational areas.
- Supplier & Vendor Management:
- Establish and maintain strong relationships with suppliers, vendors, and contractors through the procurement and legal departments to ensure the timely supply of high-quality materials and parts.
- Logistics & Distribution:
- Oversee logistics operations, including the transportation and distribution of parts and materials to the companyÍs various sites.
- Ensure efficient and cost-effective transportation solutions for both domestic and international shipments.
- Develop contingency plans to address supply chain disruptions, delays, or shortages.
- Critical Spares Management:
- Implement a comprehensive critical spares management program to ensure the continuous availability of essential parts for the companyÍs hydroelectric power plants.
- Coordinate with plant operations and maintenance teams to identify and prioritize critical spares based on operational needs and risk assessments.
- Regularly review and update the critical spares list to ensure alignment with the plantÍs equipment lifecycle and maintenance schedules.
- Team Leadership & Development:
- Lead, mentor, and develop a high-performing inventory and supply chain team, fostering a culture of accountability, efficiency, and continuous improvement.
- Provide training and development opportunities for team members to enhance their skills and performance.
- Establish performance metrics for the supply chain team, regularly reviewing progress and implementing corrective actions as needed.
- Data Management & Reporting:
- Implement and manage supply chain software systems to ensure accurate tracking of inventory levels, orders, and supplier performance.
- Prepare detailed reports on inventory levels, procurement activities, supplier performance, and logistics efficiency for senior management.
- Use data-driven insights to optimize inventory turnover, reduce costs, and improve supply chain operations.
- Collaboration & Cross-Functional Coordination:
- Collaborate closely with plant managers, operations, maintenance, and engineering teams to ensure the supply chain supports all operational needs.
- Work with finance and accounting departments to manage budgets, control costs, and ensure accurate financial reporting for procurement and inventory activities.
- Engage with external stakeholders, including suppliers, regulators, and industry partners, to drive best practices in inventory and supply chain management.
Requirements
- BachelorÍs degree in Supply Chain Management, Logistics, Business Administration, or a related field. Advanced degrees such as an MBA or certifications (e.g., Certified Supply Chain Professional – CSCP, Certified in Production and Inventory Management – CPIM) are preferred.
- Minimum of 10 years of experience in supply chain and inventory management, with at least 5 years in a senior leadership role, preferably within the power generation, energy, or industrial sectors.
- Strong understanding of supply chain processes, inventory control systems, procurement practices, and logistics. Experience with critical spares management in industrial or power generation settings is highly preferred.
- Proven ability to lead and develop high-performing teams, manage complex supply chains, and drive operational improvements.
- Familiarity with industry regulations related to procurement, inventory management, and logistics.
Key Competencies:
- Strategic Thinking & Planning: Ability to develop and execute supply chain strategies that align with operational goals and reduce costs.
- Analytical & Problem-Solving Skills: Expertise in analyzing inventory data, supply chain processes, and logistics to identify inefficiencies and implement solutions.
- Leadership & Team Development: Strong leadership skills with the ability to mentor, guide, and develop supply chain teams.
- Communication & Negotiation Skills: Excellent communication and negotiation abilities to manage supplier relationships and internal stakeholders.
- Cost Management & Budgeting: Strong financial acumen and experience managing budgets, procurement costs, and supplier contracts.
- Proficiency in MS software, supply chain software and data analytics tools
How to Apply for this Offer
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