Job Overview:
Provide education, training, and support to stores to develop sales inventory and sales floor plans and proactively manage sales and inventory control.
As the department responsible for managing company- wide inventory, maintain optimal inventory levels at stores and centers, ensuring neither excess nor shortage.
Coordinate with distribution and centers to ensure product introductions consistent with sales inventory plans and ensure stores receive the necessary inventory in a timely manner.
Plan monthly and weekly inventory plans by product, coordinate with sales floor plans, and deploy base sales inventory plans to stores.
Accurately plan and implement sales, margin, and inventory reduction strategies based on daily sales and inventory status, contributing to and leading the company&039;s overall sales profit achievement.
Create highly accurate standard model layout drawings and share sales floor plans linked to sales inventory plans with stores.
Scope of work and responsibilities:
Store Inventory Management
Ensure that in- store inventory is neither too high nor too low by properly adjusting the number of items on display. Inspect each item individually. Prepare and order based on inventory budget, sales plans, and actual results and forecast.
Seasonal Inventory Management
Rotate inventory by depleting older items. Adjust prices for necessary items at the right time and adjust sales floor layout to manage inventory depletion. Season inventory management for each area.
Company inventory management
Work and Make a plan with the Sales department, EC, and MD/VMD departments to optimize company- wide inventory to increase company profit.
Warehouse inventory management
Work with the warehouse team and MD planning to manage warehouse inventory. Balance warehouse and store inventory and create planned ordering schedules.
Lead and coordinate the division members and communicate with other division members as the leader
Serve as a liaison between departments, engaging members and related departments to manage business.