About this role
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