Sr. Executive (Inventory) - Babyshop

Landmark Group; Bahrain; On-site; BHD 12,000 - 18,000; Full time

Job summary

A retail and trading organization in Bahrain is seeking a skilled professional for a role focused on optimizing trading across various stores. The ideal candidate should have a minimum of 5 years of experience, with at least 3 years in a relevant retail role. Responsibilities include executing allocations, managing product launches, and performing sales analysis to enhance stock availability. A graduate degree in commerce or a related field is essential.

Qualifications

• Minimum of 5 years of experience with at least 3 years in a similar role in the retail industry.
• Strong analytical skills and understanding of inventory levels.
• Ability to manage product launches and store issues effectively.

Responsibilities

• Execute initial allocations based on sales volume and store clustering.
• Manage product launch dates according to concept needs.
• Ensure accurate sales forecasts for all locations.
• Deliver an optimized Min Max Replenishment Model using the PARX Tool.
• Monitor and report on Department / Style Performance.
• Perform Sales / Store Analysis to maintain Inventory Levels and identify Sales Trends.

Skills

Sales analysis

Inventory management

Demand planning

Forecasting

Communication

Education

Graduate degree in commerce or business administration

Post Graduate degree in Business Administration

Diploma in Retail discipline

Job description

The role involves potentializing trading of all stores across territory. Maximizing profit and sales densities. Tailoring assortments to local trading conditions and coordinating new launches. Be the first point of contact within planning for store issues.

Responsibilities

• Execute initial allocations utilizing sales volume ranking, store clustering, territory, current planned events and signed off Range Plan
• Ensure clear distinction between Initial Allocations of Fashion Product vs Continuity or NOOS Products
• Manage Product Launch Dates based on Concept needs and Territory Feedback
• Manage Allocations from Mega DC to RDC / Store ensuring buffer stock is minimized without impacting Stock Availability
• Understand the Concept Critical Path and adhere to the deadlines.
• Deliver an optimized Min Max Replenishment Model using the PARX Tool
• Monitor and report on Department / Style Performance.
• Perform Sales / Store Analysis to properly maintain Inventory Levels and identify Sales Trends including communicating the action plan to the planning team.
• Manage the Location Sales Re-Forecasting Process to ensure all Locations and Classes have accurate and up to date forecasts.
• Analyze reports and make recommendations regarding stock distribution using forecasted sales trends.
• Liaise with the Territory Managers, Visual Merchandising, Demand Planning and Buying Teams to discuss stock issues and communicate / recommend necessary action to be taken.
• Contribute to and attend Weekly Trade Meetings
• Manage the fulfillment of New Store Openings, Store Closures, Store Refurbishments and Space Changes to tailor Assortments to Local Trading conditions and deliver on-time launches.
• Align with the Operations Team on New Store Option Counts and Opening Packages
• New Store Set Ups and Analysis
• Existing Store Analysis and Clustering
• Support Demand Planning Team in Optimizing Flow of product through the Distribution Channels
• Ensure Stock Distribution is aligned to Trading Opportunities including coordinating Terminal Stock Movement
• Manage Product Life Cycle including IBT’S, Markdowns and Price Adjustments
• Markdown File Uploads / PDT’S and Ministry Lists communicated to Territory Heads
• Complete Quarterly Post-Seasonal Analysis and Present Key Take-outs to all Stakeholders
• Territory and Local Store Visits to remain abreast of Product Performance, Trends and shifts in CUSTOMER Behavior

Qualifications

Total 5 years of experience out of which 3 years should be in a similar role and similar industry. Graduate degree in commerce or business administration/ Post Graduate degree in Business Administration / Diploma in Retail discipline.