Immediate Hiring For Manager / Sr. Manager Inventory - Retail

15 - 18 years

13.0 - 18.0 Lacs P.A.

Hyderabad

Posted:1 month ago| Platform: Naukri logo

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Skills Required

Inventory ControlInventory ManagementDemand ForecastingSupply PlanningDemand AnalysisInventory OptimizationMaterial Requirement PlanningStock ManagementInventory PlanningInventory Analysis

Work Mode

Work from Office

Job Type

Full Time

Job Description

Role & responsibilities Inventory Strategy & Optimization : Develop and implement strategies to maintain optimal inventory levels across all retail channels, minimizing stockouts and excess inventory. Demand Forecasting & Planning : Work closely with the sales, marketing, and procurement teams to forecast demand accurately, ensuring inventory is aligned with customer demand trends and business objectives. Stock Control : Monitor and manage stock movements, product availability, and store replenishments to ensure smooth operations and minimal disruption to sales. Data-Driven Insights : Leverage analytics and inventory management to track stock levels, identify trends, and provide actionable insights to improve efficiency and reduce costs. Supplier & Vendor Management : Collaborate with suppliers and vendors to ensure timely deliveries and efficient stock replenishment. Team Leadership : Lead, train, and mentor a team of inventory and logistics professionals to ensure smooth operations, high performance, and continuous improvement. Process Improvement : Continuously assess and improve inventory management processes ensuring they align with best practices and industry standards. Reporting & Compliance : Prepare and present regular inventory reports, highlighting key metrics .Ensure compliance with company policies and regulatory requirements. Cost Management : Monitor and manage inventory-related costs, aiming to reduce waste, shrinkage, and overstock situations while maximizing profitability. Preferred candidate profile Analytical Mindset : Strong ability to analyze data, identify patterns, and make data-driven decisions. Problem-Solving : Excellent problem-solving skills with a proactive approach to inventory challenges and the ability to think strategically under pressure. Communication : Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and external partners. Retail Industry Knowledge : Deep understanding of retail operations, inventory management best practices, and supply chain dynamics.

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