Business Process Improvement Specialist

1 week ago

Bengaluru, Karnataka, India beBeeInventory Full time ₹ 5,00,000 - ₹ 8,00,000

We are seeking a skilled Inventory Optimization Lead to drive selection and in-stock for our organization. This is a unique opportunity to play a key role on an important initiative.

The successful candidate will have proven analytical skills with experience driving process improvement, thought leadership, and delivering results.

They will be responsible for executing inventory strategies to optimize customer experience, sales, margin and turns. They will dive deep into core drivers of in-stock performance, and proactively identify opportunities to improve tools and work flows.

This role interacts closely with retail and operations business partners across the organization, and is pivotal to the growth of this strategic initiative.

Key Job Responsibilities:

  • Maintain excellent in-stock rates for owned category and/or region
  • Execute inventory strategies to optimize sales, turns, and inventory health
  • Monitor, analyze and own key performance indicators such as in-stock rate, procurement lead time (PLT), fill rate, forecast accuracy and days of cover (DOC)
  • Forecast and manage efficient inbound and outbound inventory flows and health, including forecasting, purchasing, and removing unproductive inventory
  • Drive root cause analysis/reporting on operational issues, develop action plans and project manage improvements with the ability to manage multiple, competing priorities simultaneously
  • Work with internal teams collaboratively, to help drive tools and process improvements that affect purchasing and procurement workflows, with emphasis on automating tasks that are currently performed manually
  • Collaborate with product leaders to gather insights, ensuring alignment and making informed product selections
  • Analyze market trends and competitor activities to provide data-driven insights that shape strategic decisions
  • Ensure top-quality input gathering by developing frameworks and validating stakeholder contributions for the selection process
  • Coordinate cross-functional efforts to maintain project timelines, streamline communication, and achieve program objectives

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