Strategic Purpose of the Role:
The objective of this role is to efficiently manage inventory to maximize product availability, minimize waste, and align stock levels with business objectives.
This role is responsible for managing both consumable and non-consumable products and suggesting promotions to clear inventory. It requires coordination with multiple departments to ensure promotions are featured both in retail stores and online. The role also involves supporting the team and collaborating with the Operations Team on product and promotion communications.
Job Responsibilities:
- Regularly monitor the expiration dates of products within the category to prevent spoilage and ensure timely usage.
- Develop promotion strategies for handling inventory that is no longer in demand or selling slowly.
- Select suitable products for inclusion in marketing campaigns to promote.
- Recommend specific products to highlight in blog posts based on current trends.
- Suggest products to feature in themed promotions, such as seasonal sales, holiday specials, or event-based campaigns.
- Ensure that stock levels are optimized and promotion’s overall objectives are achieved.
Job Requirements:
- Minimum Diploma in Business Management / Administration, Commerce / Marketing or equivalent.
- Proficient in Microsoft Office applications especially in MS Excel, PowerPoint, Words etc.
- At least 2 years of relevant work experience in Inventory Management. (Bonus if have FMCG / Retail industry related experience)
- Possess excellent interpersonal skills, strong verbal and written communication skills.
- Highly customer-oriented, motivated and results oriented.
- Resourceful and problem solver, excellent interpersonal and communication skills.
- Team player and ability to collaborative and work effectively with variety of stakeholders.
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