Summary
Landmark Group is hiring an Assistant Manager, Retail Inventory for HOME BOX in Saudi Arabia. The role oversees end-to-end stock management, replenishment, forecasting, inventory accuracy, stocktaking, and actions to reduce aging stock, damages, and shrinkage. It also coordinates promotions, stock clearance, inventory reporting, and support for e-commerce orders. Applicants should have a bachelor’s degree, strong MS Office and analytical tool skills, 8–10 years of experience, including retail experience and at least two years in home and furniture retail.
The posting
As published on landmarkgroup.com. Pulled from the employer's site and shown as they wrote it.
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.
Responsibilities
Replenishment & Availability:
- Responsible for ensuring optimum utilization of inventory ensuring stores are provided right stocks as per sell thru.
- Responsible for stock turns through optimum inventory management in terms of Stock cover.
- Responsible for stock cannibalization within territory & stores.
- Responsible for ensuring Productivity through monitoring & driving sale through.
- Responsible for forecasting stock requirement based on current, past sales trends.
- Responsible for following with SCM team for clearance to GRN for priority shipments.
- Responsible for promotion management, pricing, permit files, stock mix in floor.
- Minimize zero display and ensure Newness in floor, core items (K) lines are available 365 days.
Inventory Process & Hygiene:
- Responsible for regular Goods In Transit clearance of Inter Territory stocks.
- Accountable for timely clearance of Damages in floor and trouble code stocks in WH.
- Responsible for maintain error free inventory through control checks & following procedures to correct negative inventory, Perpetual counts, Stock takes & etc.
- Responsible for timely planning of stock take & PI with RIC's, ensuring stock accuracy.
- Regular to ensure timely corrections are done on negative stocks, action taken against action for shrinkage
- Responsible for review of slow moving SKUs and suggest liquidation offers & plans..
- Responsible for quality check of new arrival & providing feedback of the same.
- Responsible for close monitoring of aging stocks and actions for liquidation thru sale.
- Manage Loose component.
- GDMS pending delivery clearance, stock reservations in warehouse to ensure fake reservations are released for selling
Damages & Shrinkage Control:
- Responsible for loss prevent through restricting shrinkage & damages within the norms.
- Responsible for monitoring all IN & OUT process adherence at stores to reduce & control technical shrinkage.
- Responsible for guiding RIC, sales staff in terms of product management to ensure stock accuracy & reduce damages.
- Review & Monitor inventory through cycle counts.
- Responsible for ensuring timely damage segregation, repair & clearance.
Analysis & Other Tasks
- Make report and publish to relevant stake holders for correction actions like post event analysis, zero sellers, sold without display.
- Manage CCC team for escalated MOC cases and administrative management of team.
- Store NPS reporting and following up to ensure KPI are achieved.
- ECOM support, clearance of pending delivery, Click & Collect orders adherence of process and timelines.
Qualifications
Basic Qualification / Education / Vocational Training
- Bachelor Degree in any field (Supply Chain Preferred)
- Qualified & proficient in MS – Excel, Word & PPT
- Experience in Usage of Analytical tools
Minimum Experience
- 8-10 Years
Specific / Relevant Experience
- 4-5+ years of experience in Retail & at least 2 year of experience in Home & Furniture Retail.
Skills and Capabilities
- Knowledge of Retail industry and Retail processes
- Knowledge of Merchandising, Stock Management and Inventory processes
- Communication skills
- Interpersonal skills
- Proactiveness and flexibility
- Customer service orientation
- Result orientation
- Problem solving