Optimize Inventory Process Manager

3 days ago

Hyderabad Secunderabad Telangana, India beBeeInventory Full time ₹ 1,04,000 - ₹ 1,30,878
Inventory Optimization Specialist

The successful candidate will be responsible for driving inventory decisions and key supply chain initiatives. He or she will be responsible for developing and executing best practices in managing inventory to maximize sales, margin, and inventory turns.

He or she will have responsibility for ensuring all inventory systems and processes are meeting the needs of the business and implementing controls around these processes. Key areas of focus include driving improvement in inventory availability, increasing inventory efficiency and improving product sourcing decisions.

A successful candidate possesses superb business judgment, inventory management experience, skills in working cross-functionally, and a track record of delivering results through others.

Key job responsibilities:

  • Generate adoption of new inventory program with vendors
  • Bring new supply programs to scale the business
  • Manage relationships with vendors to ensure a reliable and operationally effective flow of goods
  • Deliver reports, project updates, and handle escalations
  • Forecast and manage efficient inbound and outbound inventory flows and health, including forecasting, purchasing, and managing down unproductive inventory
  • Measure and improve vendor lead times, reduce operational defects, and improve systems to streamline operations between vendors and the company
  • Drive root cause analysis/reporting on operational issues, develop action plans and project manage improvements
  • Work with internal teams to help drive tools and process improvements that affect purchasing and vendor management workflow, with emphasis on automating tasks that are currently performed manually

A day in the life:

  • Focus on improving metrics such as out-of-stock and unhealthy inventory rate
  • Provide reports and data to Vendor Managers and Brand Specialists, managing inventory risks
  • Benchmark other marketplaces to drive new programs that improve operational efficiency
  • Solve operational issues
  • Escalate issues and work with cross-functional teams

Basic Qualifications:

  • 4+ years of experience with Excel
  • 5+ years of supply chain, inventory management or project management experience
  • Bachelor's degree

Preferred Qualifications:

  • Knowledge of the principles of statistical inventory control
  • Experience working with complex data sets
  • Experience with SQL
  • Bachelor's degree in Business, Retail Planning, Information Systems Management or relevant field of study

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