
HairOriginals - Inventory Manager
1 day ago
Department: Supply Chain & Operations
Location: GURUGRAM
Reports To: Operations Manager / Head of Department
Job Summary
- The Inventory Manager will be responsible for planning, monitoring, and controlling inventory across warehouses, High-Touch (HT), and Experience Centers (EC).
- This role ensures accurate demand forecasting, stock availability, and timely reporting to support smooth day-to-day operations while maintaining compliance with internal systems and standards.
Key Responsibilities
- Inventory Planning & Projection:
- Collaborate with Operations Manager and respective HODs to prepare accurate inventory projections at least 15 days before the upcoming month.
- Align demand forecasting with sales trends and business requirements.
- Data & Dashboard Management:
- Provide real-time dashboards and reports on product availability for B2C, HT, and EC.
- Ensure stakeholders receive accurate and timely inventory reports to support decision- making.
- MBQ (Minimum & Maximum Balance Quantity) Management
- Maintain MBQ levels for all HT and EC outlets, factoring in warehouse stock.
- Prevent stock-outs and overstocking situations by proactive monitoring.
- Stock Verification & Audit
- Conduct weekly physical stock verification for HT.
- Conduct half-monthly stock verification for EC.
- Identify discrepancies, report issues, and ensure corrective actions.
- Stock Distribution & Transfers
- Manage timely stock dispatch to Stylists and ECs.
- Record and oversee all stock transfers in Uniware, including:
- HT - EC
- Warehouse - HT
- Warehouse - EC
- EC - Warehouse
Key Result Areas (KRAs)
- Accuracy of Projections - Variance % between forecast and actual demand.
- Timeliness of Dashboards - % of on-time reports shared with stakeholders.
- MBQ Adherence - % compliance across HT, EC, and warehouse.
- Stock Audit Accuracy - % accuracy of weekly and half-monthly verification.
- Stock Dispatch Timeliness - % of orders/stocks dispatched on time.
- System Accuracy - % of stock transfers correctly recorded in Uniware.
Key Requirements
- Master's/Bachelor's degree in Supply Chain, Operations, or related field.
- 3-6 years of experience in inventory management, preferably in retail/e-commerce.
- Strong analytical and forecasting skills.
- Hands-on experience with ERP/Inventory systems (e.g., Uniware, SAP).
- Excellent attention to detail and problem-solving ability.
Strong communication and cross-functional coordination skills.
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