Procurement & Inventory Control Manager

Sigma Coatings Nigeria Limited

Supply Chain & Procurement

Responsibilities:

Procurement Management:

• Source and negotiate with suppliers for raw materials (e.g., resins, pigments, solvents) and packaging.
• Collaborate with R&D and production teams to identify alternative materials and suppliers
• Ensure compliance with safety and environmental regulations in supplier selection.
• Develop and maintain supplier relationships to ensure reliability and cost-efficiency.
• Develop and implement procurement strategies to reduce costs and improve supplier performance
• Monitor market trends and adjust purchasing strategies accordingly.

Inventory Control:

• Maintain optimal inventory levels to support production without overstocking.
• Implement and monitor inventory tracking systems (ERP/MRP).
• Conduct regular audits and reconcile physical stock with system records.
• Minimize stockouts, overstocking, and obsolescence through data-driven planning
• Coordinate with warehouse and logistics teams to ensure timely material availability

Forecasting & Planning:

• Collaborate with production and sales teams to forecast material needs.
• Analyze consumption patterns and adjust inventory targets.
• Plan for seasonal demand fluctuations and new product launches.

Cost Optimization & Reporting:

• Use ERP systems to track procurement and inventory; also, identify cost-saving opportunities.
• Generate reports on inventory turnover, procurement costs, and supplier performance
Present insights and recommendations to senior management for strategic planning

Requirements:

• Minimum of Degree
• Minimum of 9+ years of experience in a similar role