Job Description

Key Responsibilities:

• Inventory Management:
• Maintain accurate stock levels across all warehouses and locations.
• Perform regular stock counts, reconcile discrepancies, and report variances to management.
• Track and monitor stock movement, ensuring timely reordering and proper stock rotation (FIFO, FEFO).
• Monitor stock expiry dates and manage the identification and disposal of expired or damaged goods.
• Stock Replenishment & Ordering:
• Collaborate with the procurement team to determine order quantities and reorder schedules based on demand forecasts.
• Ensure optimal stock levels are maintained to meet sales demand while minimizing overstocking and understocking.
• Issue and track purchase orders, ensuring timely receipt and storage of goods.
• Warehouse & Distribution Coordination:
• Coordinate with warehouse teams to ensure proper storage, handling, and distribution of products.
• Ensure accurate picking and packing of goods for dispatch to customers or retailers.
• Work with logistics and distribution teams to ensure timely deliveries to customers and minimize stock-outs.
• Reporting & Analysis:
• Maintain and update inventory management systems, ensuring data accuracy and integrity.
• Prepare daily, weekly, and monthly inventory reports, including stock levels, order status, and stock turnover rates.
• Analyze trends in inventory data to recommend improvements to stock management processes.
• Stock Audits & Compliance:
• Conduct periodic stock audits and cycle counts to verify inventory accuracy.
• Ensure compliance with company policies, industry standards, and legal regulations regarding stock management.
• Assist in the development of inventory management strategies to improve efficiency and reduce costs.
• Collaboration & Communication:
• Work closely with cross-functional teams, including procurement, sales, production, and logistics, to align inventory management with business goals.
• Communicate inventory issues, challenges, and opportunities to senior management.
• Provide input to the demand forecasting process to optimize inventory levels and ensure alignment with sales trends.
• Continuous Improvement:
• Identify and implement improvements in inventory processes, including software systems, reporting procedures, and inventory control practices.
• Monitor industry trends and best practices in inventory management and FMCG operations.

Job Type: Full-time

Pay: AED1,500.00 - AED2,000.00 per month

Application Deadline: 11/11/2024