About the Role
Our client, a leading national retail chain, is seeking a meticulous and analytical Retail Inventory Controller to manage stock accuracy and optimize inventory levels across its operations, including the store in Queenstown, Eastern Cape . This crucial role ensures that product availability meets customer demand while minimizing holding costs and preventing stockouts or overstock situations. You will be responsible for implementing robust inventory management systems, conducting regular audits, and analyzing data to identify trends and inefficiencies. The ideal candidate will have a keen eye for detail, strong analytical skills, and a thorough understanding of inventory control principles within a retail context. This position offers a Hybrid work arrangement, allowing for on-site store operations analysis and remote data management and reporting.
Key Responsibilities
- Implement and maintain accurate inventory control systems and procedures.
- Conduct regular cycle counts and physical inventory audits to verify stock levels.
- Analyze inventory data to identify discrepancies, trends, and potential issues.
- Monitor stock levels and generate reports on stock movements, turnover, and aging inventory.
- Collaborate with store management and supply chain teams to ensure optimal stock levels.
- Implement strategies to reduce inventory shrinkage and improve stock accuracy.
- Process stock adjustments, transfers, and returns according to company policy.
- Assist in forecasting inventory needs based on sales data and seasonal demands.
- Train store staff on proper inventory handling and documentation procedures.
- Identify opportunities for process improvements in inventory management.
Requirements
- Proven experience in inventory control, stock management, or a related role within the retail sector.
- Strong understanding of inventory management principles, techniques, and best practices.
- Proficiency in using inventory management software and POS systems.
- Excellent analytical and problem-solving skills with a high degree of accuracy.
- Meticulous attention to detail and organizational abilities.
- Ability to conduct physical counts and manage large volumes of data.
- Good communication and interpersonal skills to collaborate with various teams.
- Ability to work independently and manage time effectively in a hybrid setting.
- Knowledge of retail operations and supply chain processes.
- High school diploma or equivalent; further qualifications in logistics or supply chain are advantageous.
Benefits
- Competitive annual salary.
- Hybrid work model offering flexibility.
- Opportunities for professional development and training in supply chain management.
- Comprehensive health and wellness benefits.
- Employee discounts on retail products.
- A role with significant impact on store profitability and efficiency.
- Supportive team environment focused on data-driven decision-making.
- Chance to implement process improvements and best practices.
- Access to advanced inventory management tools.
- Contribution to minimizing waste and maximizing product availability.