Buybeta is a leading e-commerce wholesaler and retailer specializing in beauty and skincare products tailored for all skin types. We proudly offer a curated selection from top-tier brands, establishing ourselves as a prominent cosmetics retailer in Nigeria. Our commitment to high-quality cosmetics, exceptional customer service, competitive pricing, and prompt delivery sets us apart in the market.
Job Opportunity: Data Analyst
Location: Lekki, Lagos
Employment Type: Full-time
Job Summary
The Data Analyst will play a crucial role in supporting our skincare company’s data requirements by analyzing sales, inventory, and market trends. This analysis will help optimize product availability, streamline operations, and enhance strategic decision-making. The ideal candidate should have experience in inventory management and will collaborate with production, supply chain, and marketing teams to align inventory levels with demand, reducing costs while ensuring product availability.
Key Responsibilities
Data Collection and Management:
Gather and manage data related to sales, product performance, and inventory levels.
Ensure accurate tracking of stock across warehouses, retail locations, and online platforms.
Implement effective inventory management tools and techniques to enhance stock accuracy and visibility.
Maintain and update databases, ensuring data integrity and accuracy.
Inventory Analysis and Forecasting:
Analyze inventory data to identify trends in product demand, lead times, stock turnover, and replenishment cycles.
Develop demand forecasts based on historical sales, seasonal trends, and market conditions to optimize inventory levels.
Identify slow-moving or obsolete stock and recommend actions to minimize holding costs.
Sales and Market Data Analysis:
Analyze sales data to identify top-performing products and emerging customer preferences.
Monitor sales trends across retail and e-commerce platforms, providing insights to marketing and product development teams.
Use data to inform pricing strategies, product promotions, and sales targets.
Track customer purchase behavior and identify opportunities for optimizing product assortments.
Inventory Optimization:
Collaborate with procurement and logistics teams to streamline inventory processes, reduce excess stock, and enhance inventory turnover.
Implement optimization models considering shelf life, seasonality, and product lifecycle for skincare products.
Provide recommendations to improve supply chain efficiency, including just-in-time inventory practices.
Work closely with production, supply chain, marketing, and sales teams to align data analysis with business objectives.
Offer data-driven recommendations to enhance product sourcing, packaging, and delivery times.
Support the marketing team in identifying product bundles, promotions, and trends based on inventory data to boost sales.
Continuous Improvement:
Stay informed on industry best practices and trends in data analytics, inventory management, and skincare products.
Explore new tools, software, and technologies to enhance data analysis capabilities and inventory accuracy.
Identify opportunities for automation in inventory tracking and forecasting processes.
Technical Skills:
Proficiency in data analysis tools (Excel, SQL, Python, R).
Experience with inventory management software (e.g., SAP, Oracle, or Zoho Inventory) is a plus.
Strong knowledge of data visualization tools like Tableau, Power BI, or Google Data Studio.
Familiarity with inventory turnover, stock replenishment methods, demand forecasting, and supply chain optimization.
Attention to detail, with a strong ability to work with large datasets accurately.
Qualifications:
Education: Bachelor’s Degree in Data Science, Supply Chain Management, Business, Statistics, or a related field.
Experience: 2-4 years as a Data Analyst, preferably in inventory management or the retail/skincare industry.
Previous experience in a skincare or beauty-related industry is preferred.
Familiarity with e-commerce platforms and their integration with inventory management systems.
Understanding of sales and marketing dynamics in skincare or retail.
Candidates must reside within the Lekki area.
Key Competencies:
Analytical Thinking:
Ability to process complex data sets and derive actionable insights.
Problem-Solving: Proactive in identifying supply chain bottlenecks and proposing solutions.
Collaboration: Strong interpersonal skills and the ability to work cross-functionally with diverse teams.
Salary: N250,000 – N300,000 monthly.
Method of Application: Interested and qualified candidates should send their CV to recruitment@buybetter.ng with the job position as the subject line.