Posted Sep 28, 2024 442 views
Inventory Manager is a crucial position in the Retail industry. Their main responsibility is to oversee and manage the inventory of products in a store or warehouse. This includes tracking inventory levels, ordering new products, and handling returns or exchanges. As the Inventory Manager, you will also be responsible for keeping a close eye on sales trends and forecasting future demand for products.
- You will need to work closely with other departments, including sales and purchasing, to ensure that the store has enough stock to meet customer demand.
- Manage the inventory levels of products in the retail store.
- Monitor and manage inventory turnover in the store to avoid overstocking or understocking.
- Conduct regular inventory audits to identify and reconcile discrepancies.
- Manages inventory tracking system to record deliveries, shipments and stock levels.
- Evaluates deliveries, shipments and product levels to improve inventory control procedures.
- Analyzes daily product and supply levels to anticipate inventory problems and shortages.
- Manages schedules of employees, deliveries and shipments to optimize operations.
- Communicates with inventory employees to meet business goals and address personnel issues.
- Develops business relationships with suppliers and clients.
- Proposes strategies to reduce costs and improve procedures of supply chain logistics.
- Monitors demand and analyzes data to anticipate future supply and logistical needs.
- Reports on inventory levels, supply chain progress, procedural efficiency and personnel issues to upper management.
- Manages the recruitment and training of new inventory employees.
- Contributes to team effort by accomplishing related results as needed.
- Devise ways to optimize inventory control procedures
- Inspect the levels of business supplies to identify shortages
- Ensure product stock is adequate for all distribution channels and can cover direct demand from customers
- Record daily deliveries and shipments to reconcile inventory
- Use software to monitor demand and document characteristics of inventory
- Analyze data to anticipate/Forecast future needs inventory requirements
- Evaluate suppliers to achieve cost-effective deals and maintain trust relationships
- Collaborate with warehouse employees and other staff to ensure business goals are met
- Resolving issues regarding shipped orders
- Ensuring compliance with health and safety regulations
- Working with other departments to integrate logistics with company processes
Job Details
Madina Cash and Carry (Head Office)
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