To ensure that the stocks are allocated efficiently and that reorders of PO are placed timely to prevent stock outs.
Track stock levels, sales growth, and shop’s performances, arrange transfer of inventory from the warehouses to the stores.
Manage the reductions on stock for fast liquidations.
Connect the planners to the retail stores and provide relevant inventory data for analysis.
Actively track the sales and movement of stocks to ensure the availability of real time data.
Give Suggestions and take corrective measures for shops profile and ALC
plan provided by merchants and planners (In season and pre-season).
Evaluate shop performance through shops liquidation and potential.
Manage and analyzing stores closing stock inventory, moving low sale items to another location
Assist merchant and planners regarding inventory management
Assist IT department in item code generation and correction
Daily reports of inventory and seasonal trends/ activities
Daily Sales report department wise
Generate Dispatch and allocation report
Daily Inventory management at retail stores
Respond field queries and demands
Responsible for stock availability nationwide
Inventory management at store / warehouse level given the stock constraints to maximize turnover and efficiency
Communication with field staff about performance of store and products
Forecasting future needs of shops using statistical data analysis
Creating optimum allocation of stock utilizing prior year’s sales data and future sales forecasting techniques.
Cater to special party orders received periodically.