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Senior Inventory Manager

Jobs in Chalhoub Group

Chalhoub Group is looking for Senior Inventory Manager having Bachelor's Degree in Business, Merchandising, Retail Management You must be fluent in English....

Senior Inventory Manager
Full Time
Retail And Distribution
Dubai
09/18/2023
Depend on Experience
APPLY
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Job Summary

Position Title Senior Inventory Manager
Hiring Organization Chalhoub Group
Job Location Dubai
Base Salary AED
Job Schedule Full Time
Required Degree Bachelor's Degree in Business, Merchandising, Retail Management
Required Skills Communication Skills
Joining Immediately
Nationality Any
Languages English
Category Retail And Distribution

Position Details

  • Senior Inventory Manager
  • As a Senior Inventory and Merchandising Manager you will play a pivotal role in shaping our product assortment strategy, maximizing sales revenue, and ensuring optimal stock levels.

Responsibilities

  • Collaborate with cross functional teams, including Styling, Marketing, and Operations, to develop and execute merchandise strategies aligned with the company’s overall goals.
  • Utilize predictive analytics to forecast demand, sales trends, and customer preferences, enabling accurate inventory planning and assortment optimization.
  • Monitor and manage stock levels, ensuring optimal inventory turnover rates and minimizing overstock or stockout situations.
  • Conduct thorough sell through analysis to identify best selling products, slow moving items, and opportunities for markdown optimization.
  • Develop and implement pricing strategies that reflect market trends, competitive positioning, and maximize profitability.
  • Drive the development and execution of promotional activities to enhance product visibility and drive sales growth.
  • Collaborate with suppliers and vendors to ensure timely deliveries and maintain strong partnerships for sourcing and procurement.
  • Generate regular reports and presentations on sales performance, inventory levels, and assortment effectiveness for presentation to senior management.
  • Lead a team of merchandising professionals, providing guidance, mentorship, and fostering a collaborative and results driven work environment.

Requirements

  • Bachelor’s degree in Business, Merchandising, Retail Management, or a related field; MBA or advanced degree is a plus.
  • Proven experience (X+ years) in merchandise management, demand planning, inventory assortment, and sales analysis within the fashion or retail industry.
  • Strong proficiency in data analytics tools and predictive modeling techniques to drive strategic decision making.
  • Exceptional understanding of retail math, inventory metrics, and supply chain principles.
  • Excellent communication skills, with the ability to present complex information to various stakeholders.
  • Leadership experience with the ability to inspire and lead a team effectively.
  • Detail oriented, organized, and capable of managing multiple tasks and priorities simultaneously.
  • Creative mindset with a keen eye for fashion trends and a deep understanding of customer preferences.
  • Proficiency in relevant software tools, including inventory management systems, Excel, and data analytics platforms.
Disclaimer

THIS JOB WAS ORIGINALLY POSTED ON

Chalhoub Group