Inventory Officer

Job Description

Title: Inventory Officer

Company Name: Precise Petlab Diagnostics & Hospital Ltd.

Vacancy: 10

Age: At least 22 years

Job Location: Dhaka (GULSHAN 2)

Salary: Tk. 18000 (Monthly)

Experience:

Published: 1-01-01

Application Deadline: 2026-10-22

Education:

• Bachelor/Honors

• Age At least 22 years
• Only Male

Job Responsibilities

1. Inventory Management & Procurement

• Manage the procurement of medicines, medical consumables, equipment, and other inventory items based on hospital requirements.

• Monitor stock levels and maintain optimum inventory to prevent shortages, overstocking, and operational disruptions.

• Conduct regular stock counts, physical audits, and inventory reconciliations to ensure accuracy and accountability.

• Analyze consumption patterns and forecast future inventory requirements to minimize wastage and control costs.

• Coordinate with suppliers and vendors to ensure timely deliveries, competitive pricing, and cost-effective purchasing.

• Maintain organized storage facilities, proper labeling, and systematic documentation of all inventory items.

• Ensure appropriate handling, storage, and preservation of medicines and medical supplies in accordance with hospital standards.

• Monitor expiry dates, identify slow-moving or near-expiry products, and take necessary measures to minimize losses.

• Maintain appropriate stock levels for essential medicines and critical medical supplies.

2. Operational Coordination

• Coordinate closely with veterinary doctors to identify and fulfill medicine, equipment, and consumable requirements.

• Ensure the timely availability, distribution, and replenishment of medicines and supplies for daily hospital operations.

• Collaborate with the Pharmacy, Veterinary, Laboratory, Diagnostics, Support, and Finance teams to maintain uninterrupted workflow.

• Monitor internal stock requisitions and ensure proper authorization and documentation of inventory issuance.

• Ensure compliance with inventory control procedures, applicable health regulations, and workplace safety standards.

• Report stock shortages, procurement delays, damaged products, and other inventory-related concerns to management promptly.

3. Billing & Documentation

• Maintain accurate and up-to-date inventory records within the hospital's centralized software or ERP system.

• Record all stock receipts, issues, transfers, returns, adjustments, and other inventory transactions accurately.

• Regularly update medicine prices, product details, stock entries, and supplier information in the hospital software.

• Support medicine billing, invoice preparation, and verification of inventory-related transactions.

• Coordinate with the Finance Department regarding supplier invoices, vendor payments, purchase orders, and procurement documentation.

• Ensure that all purchases and inventory movements are supported by appropriate documentation and approvals.

• Maintain transparent, systematic, and easily accessible records for audits and management review.

4. Reporting & Analysis

• Prepare daily, weekly, and monthly inventory reports covering stock levels, consumption, purchases, shortages, and expiry-related concerns.

• Generate inventory performance reports and provide actionable insights to management.

• Analyze purchasing and consumption data to identify cost-saving opportunities and improve inventory efficiency.

• Monitor inventory turnover, wastage, stock discrepancies, and procurement expenses.

• Assist management in budgeting, demand forecasting, and inventory optimization.

• Recommend improvements to inventory procedures, procurement practices, and software-based reporting systems.

Qualifications & Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, Accounting, or a related field.

• 1–2 years of relevant experience in inventory management, procurement, supply chain, or store management. Experience in the healthcare, pharmaceutical, or veterinary sector will be preferred.

• Excellent computer proficiency is mandatory, including strong skills in MS Excel, MS Office applications, and the ability to efficiently operate centralized ERP or inventory management software.

• Strong analytical, numerical, organizational, and multitasking abilities.

• Excellent communication, coordination, and negotiation skills.

• High attention to detail, accuracy, and accountability in handling inventory and financial documentation.

• Strong problem-solving skills and the ability to identify and resolve stock discrepancies.

• Ability to work independently and collaboratively in a fast-paced, technology-driven healthcare environment.

• Professional integrity and a responsible approach to handling medicines, medical supplies, and confidential business information.

Key Competencies

• Inventory control and stock reconciliation

• Procurement and supplier coordination

• ERP and inventory software management

• MS Excel and data analysis

• Cost control and demand forecasting

• Documentation, reporting, and billing support

• Time management and cross-departmental coordination

• Performance bonus
• Lunch Facilities: Full Subsidize
• Festival Bonus: 2