Job Purpose: Controlling the movement of stocks & maximizing the sell-through. This position is also responsible for seeingsell-throughfast-moving that the aging stock is within the company guidelines, Consolidation of fast-moving & broken styles & also needs to see that the non-moving slow-moving don’t seeing sell-through fast-moving don’t see & slow-moving stocks don’t occupy the retail space.

Responsibilities & Duties:

Distribution

Should be well aware of the stocks ordered & receipt for the season.
Distribution to be made based on the shop budget & requirement
Thorough knowledge of stock available in warehouse.
Follow up with the Logistics Manager on the forthcoming consignments & consignments is in transit to update the shops accordingly.
Weekly inventory to be taken for local items for re-ordering
Consignments are to be prioritized based on the floor requirement & Instruct warehouse accordingly to keep it ready.
Ensure that some styles are not distributed to smaller stores (based on the sales trends).

Consolidation

Consolidation of stocks between shops weekly based on the sales & broken lines.
Priority to be given to Category (A) stores while consolidation of stocks
Ensure the consolidated stock reaches the respective shop within a limited period.
Review the zero quantity in shops & quantity available in the warehouse & release such stock on priority.
Ensure 80% sold lines & less than 3pc styles are sent back to the warehouse & addressed during the sale.
Ensure nonmoving & slow-moving stock doesn’t occupy the retail space.
Analyze the slow-movement items in consultation with dept. staff & advice for corrective action.
Weekly visits to shops ensure the consolidation of stock is well executed.
Ensure fast-moving styles aren’t held in the back store.
Ensure fast moving styles are consolidated by the sales staff on a daily basis
Frequently having meetings daily with Dept heads to get feedback.

Budgeting

Thorough knowledge of monthly & seasonal budgets.
Weekly & Monthly review of Dept. performance and drawing up plan for under achievement.
Independently drawing up season purchase/sale budgets, keeping in mind the store growth plan & market conditions.
Thorough knowledge of stock holding in each dept. & sub dept.
Understanding the strength & weakness of each dept. & sub dept
Knowledge of Avg. sale, Contribution & estimated sale of each dept.
Well aware of the changing Market trends & future demand.

Liquidation of aging stock

Constantly monitor again and don’t stocks, ensure old stocks don’t exceed aging and non-moving aging the agreed percentage
Sales & promotions are well planned for clearing the old stocks
Ensure the discounting does not affect the margins.
Price revisions & best buys are frequently planned to clear non moving stocks
Reviewing local supplier’s performance & advice corrective actions on slow-selling items.
Fortnightly generate a report on > 1-year-old stock shop wise to make sure that they are under clearance & shift to the location where they are selling better.
Create pockets in each dept. to address the ageing stocks by revisions.

Zero MQ Jobs in Egypt .css-uzlk74{font-size:14px;font-weight:400;font-style:normal;letter-spacing:-0.35px;line-height:22px;margin-left:8px;}21 Jobs found

.css-o171kl{-webkit-text-decoration:none;text-decoration:none;color:inherit;}Inventory Controlling Lead (Fashion Retail)

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Zero MQ Jobs in Egypt 21 Jobs found

Inventory Controlling Lead (Fashion Retail)