Inventory Manager

Found in: Whatjobs IN C2 - 2 weeks ago


faridabad, India Spunkies Full time

Role & responsibilities

1. Optimize inventory levels and accuracy by developing and implementing inventory control procedures and strategies.

2. Conduct regular cycle counts, audits, and reconciliations to ensure inventory accuracy.

3. Improve inventory efficiency by analysing inventory data and trends and identifying areas of improvement, such as minimizing stock outs or excess inventory.

4. Work with cross-functional teams, such as purchasing, production, and logistics, to manage inventory effectively and efficiently.

5. Estimate future inventory requirements based on historical data, sales forecasts, and industry trends.

6. Establish and maintain inventory tracking systems to track stock levels, reorder points, and lead times.

7. Manage inventory replenishment and quality by coordinating with vendors and suppliers and resolving any issues that arise.

8. Dispose of obsolete or excess inventory through appropriate channels, reducing financial loss.

9. Educate and oversee inventory control staff, ensuring compliance with inventory management procedures.

10. Produce regular reports on inventory performance, including metrics such as stock levels, turnover rates, and cost analysis.

11. Need to Make sure all stocks should be out of inventory before the expiry and need to understand FIFO method and implementations.

12. need to have strong experience in fashion




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