Inventory Optimization Lead

4 weeks ago

Bengaluru, Karnataka, India H&M Full time
Job Description

As Inventory Optimization Lead, you are a key contributor to our merchandising unit, focused on achieving the optimal balance between inventory levels and customer demand between markets, warehouses and selling channels. You will play a critical role in ensuring product availability, reducing carrying costs, and maximizing operational efficiency as well as drive efficient regional demand fulfilment, spurring sales growth. You work cross functionally mainly but not limited to the stakeholders within the regional merch-team logistic team.

You are customer and sales-driven professional with a strategic mindset. You are a detail-oriented professional with expertise in inventory management, data analysis, and with a strong supply chain understanding. You thrive working in a fast pace, in and agile environment. You are natural team player that strives to foster collaboration across channels, roles and functions.

Key responsibilities

- Responsible for overall allocation, you execute strategy, ways of working and is accountable for execution of initial allocation parameters to be correctly set at all times. You own and drive PM level execution and follow up of allocation parameters.
- You drive inventory optimization through following up on inventory targets for warehouse, store segments and support with actionable direction e.g replenishment and push strategy, setting deliver schedules to store with logistics counterpart, monitor and improve stock accuracy by supporting RFID routines.
- Execute, monitor and follow up on system set-ups to secure warehouse stock composition, optimize SKU and enable stocking and storage management in collaboration with demand supply unit, merchandise managers and logistics.
- Optimize supple to minimize constrains and driver impacting sales in line with inventory optimization strategy as well as monitor and act on inbound/ outbound garment flow to support logistic planning.
- Follow up on execution of framework for prioritization of articles for allocation to secure commerciality in stores.

To be successful in the role as Inventory Optimization Lead, you should have strong commercial focus and are insight and data driven, with proven ability to drive results and work towards goals.

Role:Merchandise / Retail Planner

Industry Type:Retail

Department:Merchandising,Retail & eCommerce

Employment Type:Full Time, Permanent

Role Category:Merchandising & Planning

Education

UG:Any Graduate

PG:Any Postgraduate

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