Instock Manager
2 days ago
About Us: Mintobay is a vibrant house of brands, proudly managing IVOC, Bene Kleed, and Ura Street. We sell our exceptional products across various marketplaces and through our dedicated D2C platform, Mintobay.com.
Our company culture is dynamic and energetic, making Shakti Brandz a fun, young, and agile workplace. We are committed to fostering innovation and delivering outstanding service.
Location: Bangalore
Package: Upto 7-10 LPA
Job Summary:
The In-Stock Manager will be responsible for maintaining optimal inventory levels, ensuring product availability, and managing stock replenishment to meet customer demand efficiently. This role requires a keen eye for detail, strong analytical skills, and the ability to work collaboratively with various departments to ensure seamless supply chain operations.
Key Responsibilities:
- Inventory Management: Monitor and maintain inventory levels across all product categories to ensure stock availability and minimize excess inventory.- Stock Replenishment: Develop and implement stock replenishment strategies based on sales trends, seasonal demand, and promotional activities.- Strong Follow-Up for Goods: Ensure strong follow-up for goods from the supply team to manage lead times, order quantities, and delivery schedules.- Forecasting: Analyze sales data, market trends, and historical performance to forecast inventory needs and make data-driven decisions.- Reporting: Prepare and present regular inventory reports, highlighting key metrics such as stock levels, turnover rates, and stockouts.- Process Improvement: Identify and implement process improvements to enhance inventory accuracy, reduce lead times, and optimize stock management.- Cross-Functional Collaboration: Work closely with the purchasing, merchandising, and sales teams to align inventory strategies with business goals.- System Management: Utilize inventory management systems and tools to track and manage stock levels, orders, and supplier performance.
Qualifications:
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field.- Proven experience in inventory management, supply chain, or a similar role, preferably in the apparel industry.- Strong analytical skills and proficiency in inventory management software and tools.- Excellent organizational and multitasking abilities.- Effective communication and negotiation skills.- Ability to work collaboratively in a fast-paced, dynamic environment.- Detail-oriented with a proactive approach to problem-solving.
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