Summary
Landmark Group is hiring a Senior Executive, Inventory for Babyshop in Bahrain. The role manages store allocations, replenishment, stock distribution, forecasts and product launches across the territory. It also involves analyzing store and product performance, coordinating with planning, buying, visual merchandising and operations teams, and supporting new store openings and changes. Applicants need 5 years of experience, including 3 years in a similar role and industry, plus a graduate degree in commerce or business administration, a postgraduate business degree, or a retail diploma.
The posting
As published on landmarkgroup.com. Pulled from the employer's site and shown as they wrote it.
The role involves potentializing trading of all stores across territory. Maximizing profit and sales densities. Tailoring assortments to local trading conditions and coordinating new launches. Be the first point of contact within planning for store issues.
Responsibilities
Execute initial allocations utilizing sales volume ranking, store clustering, territory, current planned events and signed off Range Plan
Ensure clear distinction between Initial Allocations of Fashion Product vs Continuity or NOOS Products
Manage Product Launch Dates based on Concept needs and Territory Feedback
Manage Allocations from Mega DC to RDC / Store ensuring buffer stock is minimized without impacting Stock Availability
Understand the Concept Critical Path and adhere to the deadlines.
Deliver an optimized Min Max Replenishment Model using the PARX Tool
Monitor and report on Department / Style Performance.
Perform Sales / Store Analysis to properly maintain Inventory Levels and identify Sales Trends including communicating the action plan to the planning team.
Manage the Location Sales Re-Forecasting Process to ensure all Locations and Classes have accurate and up to date forecasts.
Analyze reports and make recommendations regarding stock distribution using forecasted sales trends.
Liaise with the Territory Managers, Visual Merchandising, Demand Planning and Buying Teams to discuss stock issues and communicate / recommend necessary action to be taken.
Contribute to and attend Weekly Trade Meetings
Manage the fulfillment of New Store Openings, Store Closures, Store Refurbishments and Space Changes to tailor Assortments to Local Trading conditions and deliver on-time launches.
Align with the Operations Team on New Store Option Counts and Opening Packages
New Store Set Ups and Analysis
Existing Store Analysis and Clustering
Support Demand Planning Team in Optimizing Flow of product through the Distribution Channels
Ensure Stock Distribution is aligned to Trading Opportunities including coordinating Terminal Stock Movement
Manage Product Life Cycle including IBT’S, Markdowns and Price Adjustments
Markdown File Uploads / PDT’S and Ministry Lists communicated to Territory Heads
Complete Quarterly Post-Seasonal Analysis and Present Key Take-outs to all Stakeholders
Territory and Local Store Visits to remain abreast of Product Performance, Trends and shifts in CUSTOMER Behavior
Qualifications
Total 5 years of experience out of which 3 years should be in a similar role and similar industry. Graduate degree in commerce or business administration/ Post Graduate degree in Business Administration / Diploma in Retail discipline.