Inventory Control: Develop and implement inventory management strategies tailored to the fast-paced FMCG environment to optimize stock levels, reduce spoilage, and enhance turnover rates.
Demand Forecasting: Analyze historical sales data, market trends, and seasonality to accurately forecast inventory needs and implement replenishment strategies accordingly.
Supplier Relations: Build and maintain strong relationships with suppliers to ensure timely and accurate product deliveries, and resolve any discrepancies related to supply issues.
Stock Audits: Conduct regular cycle counts and full inventory audits to ensure the accuracy of inventory records and identify any issues promptly.
Reporting: Prepare detailed reports and key performance indicators (KPIs) related to inventory levels, turnover, and financial impacts for management review.
Process Improvement: Identify areas for improvement in inventory processes and implement best practices to enhance operational efficiency and reduce costs.
Cross-Functional Collaboration: Work closely with sales, marketing, and logistics teams to coordinate promotional activities, product launches, and distribution needs.
Team Leadership: Lead and mentor inventory staff, promoting a culture of accuracy, efficiency, and accountability across the inventory management team.
