Manager - Retail (Inventory), HOME BOX, KSA

Landmark Group; Saudi Arabia; On-site; SAR 120,000 - 260,000; Full time

Job summary

Landmark Group seeks an experienced Inventory and Stock Management professional to lead end-to-end stock control across stores in the territory. You will ensure product availability, manage cycle counts, and coordinate with the SCM team for timely shipments, aiming to minimize shrinkage and aging inventory.

Responsibilities include replenishment, stock turns, forecasting, promotions, and maintaining floor stock health with strategic markdowns while adhering to budget norms to maximize

Qualifications

• Bachelor degree in Supply Chain or related field.
• Proficient in MS Excel, Word & PPT.
• Experience using analytical tools.
• 8-10 years of experience in Retail.

Responsibilities

• Replenishment and availability: ensure right stocks per sell thru and optimal stock utilization.
• Inventory process and hygiene: conduct cycle counts, stock takes, and corrections for shrinkage prevention.
• Analysis and other tasks: publish reports to stakeholders, manage CCC team for escalations, monitor KPI and store NPS.

Skills

Retail knowledge

Merchandising

Stock management

Inventory processes

MS Excel

MS Word

MS PowerPoint

Analytical tools

Education

Bachelor Degree in Supply Chain

Tools

MS Excel

MS Word

MS PowerPoint

Job description

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Job Description

The job holder will be main accountable & responsible for end to end stock management in territory.

Job holder will ensure the availability of Merchandise as per Sales trends, Seasonality, Promotions, Events, Sale through & Self Space.

The job holder is also responsible for Inventory health at the country thru regular cycle counts and stock take with robust follow up with RIC ensuring corrective actions & subsequent documentation to prevent shrinkage. Also Responsible for reduction of aging.

Responsible for optimum utilization of stocks with mark downs within budget norms to maximize profit.

Responsibilities

Replenishment & Availability:

• Responsible for ensuring optimum utilization of inventory ensuring stores are provided right stocks as per sell thru.
• Responsible for stock turns through optimum inventory management in terms of Stock cover.
• Responsible for stock cannibalization within territory & stores.
• Responsible for ensuring Productivity through monitoring & driving sale through.
• Responsible for forecasting stock requirement based on current, past sales trends.
• Responsible for following with SCM team for clearance to GRN for priority shipments.
• Responsible for promotion management, pricing, permit files, stock mix in floor.
• Minimize zero display and ensure Newness in floor, core items (K) lines are available 365 days.
  

Inventory Process & Hygiene:

• Responsible for regular Goods In Transit clearance of Inter Territory stocks.
• Accountable for timely clearance of Damages in floor and trouble code stocks in WH.
• Responsible for maintain error free inventory through control checks & following procedures to correct negative inventory, Perpetual counts, Stock takes & etc.
• Responsible for timely planning of stock take & PI with RIC's, ensuring stock accuracy.
• Regular to ensure timely corrections are done on negative stocks, action taken against action for shrinkage
• Responsible for review of slow moving SKUs and suggest liquidation offers & plans..
• Responsible for quality check of new arrival & providing feedback of the same.
• Responsible for close monitoring of aging stocks and actions for liquidation thru sale.
• GDMS pending delivery clearance, stock reservations in warehouse to ensure fake reservations are released for selling
• Responsible for loss prevent through restricting shrinkage & damages within the norms.
• Responsible for monitoring all IN & OUT process adherence at stores to reduce & control technical shrinkage.
• Responsible for guiding RIC, sales staff in terms of product management to ensure stock accuracy & reduce damages.
• Review & Monitor inventory through cycle counts.
• Responsible for ensuring timely damage segregation, repair & clearance.
  

Analysis & Other Tasks

• Make report and publish to relevant stake holders for correction actions like post event analysis, zero sellers, sold without display.
• Manage CCC team for escalated MOC cases and administrative management of team.
• Store NPS reporting and following up to ensure KPI are achieved.
• ECOM support, clearance of pending delivery, Click & Collect orders adherence of process and timelines.

Qualifications

Basic Qualification / Education / Vocational Training

• Bachelor Degree in any field (Supply Chain Preferred)
• Qualified & proficient in MS – Excel, Word & PPT
• Experience in Usage of Analytical tools
• 8-10 Years

Specific / Relevant Experience

• 4-5+ years of experience in Retail & at least 2 year of experience in Home & Furniture Retail.

Skills and Capabilities

• Knowledge of Retail industry and Retail processes
• Knowledge of Merchandising, Stock Management and Inventory processes