RETAIL INVENTORY ANALYST

RETAIL INVENTORY ANALYST

JOB SUMMARY

The Retail Inventory Analyst is responsible in maintaining accurate and timely inventory records and desired merchandise inventory level, replenishmentandassortment; performs thorough store merchandise analysis & guidance to implement proper allocation strategies in stock management while maximizing sales profit and inventory turns.

KEY RESPONSIBILITIES:

FINANCIAL

  • Contributes to operational efficiency by accurate & timely distribution of merchandise to meet sales & inventory targets;
  • Helps to contribute to operational efficiency by close monitoring & proper controlling of cost.

CUSTOMER/ PEOPLE

Ensures operational productivity by:

  • providing support to concerned departments on proper product ordering and take-out to meet sales target and delivery schedules;
  • providing recommendation on inventory positions and strategic reduction plans;
  • working with concerned departments to solve problems related to distribution, fulfillment and consumer satisfaction;
  • timely coordination of any irregularities or discrepancies on inventory and other matters related thereto;
  • giving useful information about selling patterns, timing & varieties for future purchases.

BUSINESS PROCESS

Ensures operational effectivity by:

  • Ensuring compliance with policies and procedures on sales, inventory, trends, timing and scope of seasonal changes to identify supply and demand;
  • Maintaining desired inventory levels and product mix at the right place at the right time;
  • Accurate and timely monitoring of inventory movement (aging, turnover, distribution by category) to align the stock to the store needs;
  • Develop strategies that will minimize stock-outs while maximizing inventory turns;
  • Close coordination to concerned departments for accurate and timely information needed to analyze stocks, maximize its potential for proper distribution, sale procedures and concerns;

LEADERSHIP AND DEVELOPMENT

Ensures operational competency by:

  • Ensuring compliance with policies and procedures on sales, inventory, trends, timing and scope of seasonal changes to identify supply and demand;
  • Regular update on product knowledge (information) & stores;
  • The use of technology (proficiency);
  • Training & development;
  • Perform other tasks as assigned.

CORE COMPETENCIES

  • Business Sense
  • Strategic Leadership
  • Results & Detailed Oriented
  • Systematic & Organized
  • Customer Service

 

HOW TO APPLY?

Email your resume at hrd@barbizonfashion.com