Inventory Optimization Lead

5 days ago


Bengaluru, Karnataka, India H&M Group Full time

Job Title: Inventory Optimization Lead

Job Summary:

We are seeking a skilled Inventory Optimization Lead to join our merchandising unit. As a key contributor, you will play a critical role in achieving the optimal balance between inventory levels and customer demand. Your expertise in inventory management, data analysis, and supply chain understanding will drive efficient regional demand fulfillment and spur sales growth.

Key Responsibilities:

  1. Develop and execute inventory optimization strategies to minimize carrying costs and maximize operational efficiency.
  2. Collaborate with stakeholders to drive efficient regional demand fulfillment and optimize product allocation.
  3. Monitor and analyze inventory levels, sales data, and customer demand to inform inventory decisions.
  4. Work closely with logistics and supply chain teams to ensure smooth product flow and minimize stockouts.
  5. Develop and maintain effective inventory reporting and analysis tools to inform business decisions.

Qualifications:

To be successful in this role, you should have a strong commercial focus and be insight and data-driven. You should have a broad merchandising knowledge and commercial experience that understands the total picture from customer demands on our offers.

Requirements:

  1. Bachelor's Degree in Economics or Business degree/relevant qualifications.
  2. Deep understanding of inventory optimization, merchandising, stock management strategies, and influencing commercial agenda.
  3. Good knowledge of logistics, allocation, store operations, and omni sales along with effective collaboration skills.
  4. High level of salesmanship and analytical proficiency; advanced Excel user.
  5. Prior experience in merchandising, supply chain planning, inventory optimization, buying or planning preferred.


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