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.

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.
• Manage Loose component.
• GDMS pending delivery clearance, stock reservations in warehouse to ensure fake reservations are released for selling

Damages & Shrinkage Control:

• 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.

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

Minimum Experience

• 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
• Communication skills
• Interpersonal skills
• Proactiveness and flexibility
• Customer service orientation
• Result orientation
• Problem solving