Inventory Optimization Lead

3 weeks ago


Bengaluru, Karnataka, India H&M Group Full time

Job Description

As Inventory Optimization Lead, you will play a critical role in ensuring product availability, reducing carrying costs, and maximizing operational efficiency. You will drive efficient regional demand fulfillment, spurring sales growth, and work cross-functionally with stakeholders within the regional merch-team & logistic team.

Key Responsibilities

  • Execute strategy, ways of working, and be accountable for execution of initial allocation parameters to be correctly set at all times.
  • Drive inventory optimization through following up on inventory targets for warehouse, store segments, and support with actionable direction replenishment and push strategy.
  • 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 supply to minimize constraints and drive impacting sales in line with inventory optimization strategy, and 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.

Qualifications

To be successful in the role as Inventory Optimization Lead, you should have strong commercial focus and be insight and data-driven, with proven ability to drive results and work towards goals. You should have a broad merchandising knowledge and commercial experience that understands the total picture from customer demands on our offers.

What You Need to Succeed

  • Bachelor's Degree, preferably in Economics or Business degree/relevant qualifications.
  • Deep understanding of inventory optimization, merchandising, stock management strategies, and influencing commercial agenda in the region.
  • Good knowledge of logistics, allocation, store operations, and omni sales along with effective collaboration skills.
  • High level of salesmanship and analytical proficiency; is an advance Excel user.
  • Prior experience, 3-5 years', in merchandising, supply chain planning, inventory optimization, buying, or planning would be preferred.

Additional Information

This is a full-time position, reporting to the Regional Head of Merchandising for India.

This position is based at the Support Office in Bangalore, Karnataka, India.

We offer all our employees at H&M Group attractive benefits with extensive development opportunities around the globe.

We strive to have a fair and equal process and therefore kindly ask you not to attach a cover letter in your application as they often contain information that easily can trigger unintentional biases.

H&M is a fashion brand that offers the latest styles and inspiration, from fashion pieces and unique designer collaborations to affordable wardrobe essentials.



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