Inventory Manager
4 weeks ago
Job Description: Inventory Manager (Retail Clothing Sector) Position Overview The Inventory Manager oversees all aspects of stock management for a retail clothing business, ensuring the right products are available at the right time and location. This role involves monitoring inventory levels, analyzing sales trends, coordinating with suppliers, and implementing effective stock control procedures to maximize profitability and reduce losses.
--- Key Responsibilities Inventory Control & Management Oversee daily, weekly, and monthly stock counts. Maintain optimal stock levels across stores and warehouses. Monitor stock rotation, ensuring seasonal items and fast-moving products are prioritised. Data Analysis & Reporting Analyze sales patterns, demand forecasts, and shrinkage reports. Prepare and present regular inventory reports to management. Use inventory management software (e.g., ERP, POS systems) for tracking and forecasting. Supplier & Logistics Coordination Work with suppliers to manage deliveries and replenishment schedules. Negotiate with vendors for timely and cost-effective stock procurement. Coordinate inter-store transfers to balance stock availability. Loss Prevention & Compliance Implement policies to minimize stock discrepancies, damages, and theft. Ensure compliance with company policies and retail regulations. Train staff on inventory handling procedures. Team Leadership Supervise inventory control staff and stockroom teams. Provide training and performance feedback. Ensure smooth execution of seasonal stock launches and clearance events.
--- Qualifications & Skills Bachelor's degree in Supply Chain Management, Business Administration, Retail Management, or related field (preferred). 3–5 years of experience in inventory management, preferably in the retail clothing or fashion sector. Strong analytical and problem-solving skills. Proficiency in inventory software (e.g., NetSuite, similar POS/ERP systems). Excellent organizational, leadership, and communication skills. Ability to thrive in fast-paced, seasonal, and trend-driven retail environments.
--- Key Performance Indicators (KPIs) Stock accuracy (% variance between system and physical count). Sell-through rates and stock turnover ratio. Reduction in stock-outs and overstocks. Shrinkage and loss prevention targets. Supplier lead time efficiency.
Contact
Job Types: Full-time, Permanent
Pay: ₹15, ₹20,000.00 per month
Work Location: In person
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