Responsible for inventory planning, forecasting, promotional inventory management, and inventory control across the business. Ensure optimal stock availability, inventory accuracy, and healthy stock holding levels while minimizing excess, slow-moving, and obsolete inventory. Partner closely with Merchandising, Operations, Finance, and suppliers to support business growth and promotional activities.
Key Responsibilities
Inventory Control & Stock Management
- Manage and monitor inventory levels across all categories to ensure healthy stock holding.
- Maintain inventory accuracy through stock reconciliation, audits, and regular reviews.
- Analyse stock movement, inventory ageing, slow-moving, excess, and obsolete inventory.
- Investigate inventory discrepancies and implement corrective actions.
- Develop and enforce inventory control policies, procedures, and best practices.
- Establish and monitor inventory KPIs such as inventory accuracy, stock turnover, stock ageing, and stock holding days.
Forecasting & Demand Planning
- Collaborate with Merchandising teams to review sales forecasts and business requirements.
- Analyse historical sales data, market trends, seasonality, and inventory performance to support demand planning.
- Monitor forecast accuracy and recommend inventory adjustments to optimise stock levels.
- Support annual budgeting and inventory planning exercises.
Promotion Planning & Inventory Allocation
- Work closely with Merchandising and Operations teams to plan inventory requirements for promotional campaigns, festive events, and new store openings.
- Ensure adequate inventory is available to support promotional activities.
- Monitor promotional inventory performance and identify inventory risks before and during campaigns.
- Recommend inventory allocation strategies to maximise sales opportunities and minimise excess stock after promotions.
Stakeholder Management
- Partner with Merchandising, Operations, Finance, and suppliers to support inventory-related decisions.
- Monitor supplier fill rates and inventory availability to support business requirements.
- Prepare inventory reports, analysis, and recommendations for management review.
Person Specifications Education & Qualification
- Degree in Supply Chain Management, Statistics or any related field Relevant Experience & Years of Service-
- Experience working in related field (supply chain or inventory control), at least 5 years of experience in this field
Technical Skills, Professional Knowledge & Competencies
- Commercial, communicative, self-motivated & resilient.
- Experience in retail or FMCG environment is preferred
- Proficient in using big data for insights and decisions, and can make sense of ambiguous situations.
- Enjoy the process of problem solving with a passion to drive changes, make a difference and excel
- Able to travel to if required (1-2 times in one month)