Job Requisition ID: 174715
Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare, employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa.
Overview Of The Role
The Inventory Controller is responsible for maintaining efficient inventory control procedures to ensure that stocks are available when needed and stock movements are accurately tracked. The role aims to minimize stock loss risks through diligent process management and compliance with operating procedures. The Inventory Controller will play a critical part in supporting the operation of 20 stores across the UAE, KSA, and Qatar.
What You Will Do
Inventory Management
- Track shipments and control product inputs and outputs from warehouses and other stores. Escalate stock discrepancies to suppliers by raising SRD reports and ensure adjustments in the system.
- Ensure stock accuracy by performing weekly investigations and segregating damages. Manage the movement of damaged units and support management with required reports and feedback.
- Verify periodically the matching between physical quantities in stocks and system records, coordinating with brand teams and management to undertake corrective measures.
- Accurately record missing barcodes and update the brand team in Dubai with details of merchandise with unidentifiable barcodes. Ensure such items are separately stored in the stock room with updated reports to the OPM monthly.
Event and Support Management
- Prepare the store for marketing events, arrange stock count procedures, and segregate stocks for easy scanning and counting.
- Be physically present during maintenance work activities in the store, often at night after store closing.
Financial and Asset Management
- Participate in annual business planning and manage monthly budgets. Create purchase orders, track invoices, and ensure completion of work within SLA and with invoiced payments.
- Manage all non-merchandise assets stored inside stock rooms for business-related activities.
- Monitor DSR (Daily Sales Reconciliation) and ensure documentation is compliant, performing audits of reports, and reconciliation of cash, tenders, and credit cards.
Operational Compliance
- Ensure adherence to all policies and procedures relating to admin and stock movement processes, reporting any SOP breaches to management.
- Process inventory adjustments for damages, expired items, testers, transfers, and special orders.
- Maintain accurate records for stock movement and apply for relevant promotional permits as required.
Required Skills To Be Successful
- Strong organizational and inventory management skills.
- Ability to analyze stock discrepancies and resolve them effectively.
- Excellent communication skills with the ability to coordinate with suppliers and brand teams.
- Proficiency in relevant IT systems for inventory tracking and reconciliation.
What Qualifies You For The Role
- Diploma or High School education is required.
- Minimum of 3-4 years of experience in retail stock handling in the local market is required.
- Good IT skills and qualifications in supply chain management/logistics are beneficial.
- Proven ability to manage inventory accurately and efficiently across multiple locations.