✨ AI Summary
HOME BOX is seeking a Manager - Retail (Inventory) for their KSA operations. The role is responsible for end-to-end stock management, ensuring merchandise availability based on sales trends, seasonality, promotions, and events. The job holder will also manage inventory health through cycle counts and stock takes, aiming to prevent shrinkage and reduce aging stock. Key responsibilities include optimizing stock utilization, managing markdowns within budget, and maximizing profit. This position requires a Bachelor's degree, proficiency in MS Office and analytical tools, and significant experience in retail inventory and home/furniture retail.
The Manager will oversee stock replenishment, availability, and turns, forecasting stock requirements, and coordinating with SCM for shipments. They will also be responsible for inventory process hygiene, including managing damages, shrinkage control, and ensuring stock accuracy through regular checks and stock takes. Reporting and analysis of sales trends, zero sellers, and sold-without-display items are also part of the role, along with supporting ECOM operations and managing the CCC team.
Requirements
Requires a Bachelor's degree in any field, preferably Supply Chain, and proficiency in MS Excel, Word, and PPT, with experience in analytical tools. Minimum of 8-10 years of experience is required, including 4-5 years in retail inventory management and at least 2 years in home and furniture retail.
Description
The job holder will be main accountable & responsible for end to end stock management in territory.
Job holder will ensure the availability of Merchandise as per Sales trends, Seasonality, Promotions, Events, Sale through & Self Space.
The job holder is also responsible for Inventory health at the country thru regular cycle counts and stock take with robust follow up with RIC ensuring corrective actions & subsequent documentation to prevent shrinkage. Also Responsible for reduction of aging.
Responsible for optimum utilization of stocks with mark downs within budget norms to maximize profit.