
tawfik yassin
Inventory planning manager at EGO Group
Nasr City, Cairo, EgyptWork Experience
Inventory control managerFull Time
OVS Egypt
Nov 2018 - May 2020 -1 yr, 6 months
Egypt , Cairo
- Job Details:- Developing the annual department business plan in accordance with the business strategy and objectives - Stock control management: Partner in the development and implementation of supply chain, inventory management and price optimization initiatives that support overall company and brand objectives - Merchandise planning: responsible for developing seasonal business plans for division through partnership with buying team - Sale and stock analysis: preparing weekly/monthly stock and sales reports analyzing and reporting the results to the CEO and finalizing the results with the finance department - Monitoring monthly performance to sales, inventory and margin targets. - Buying: Manage and control the buying process with operation team on all aspect of stocks to achieve profitable purchase and efficient stock turnover - Sale planning: analyze the effectiveness of the sale/promotions in achieving the targeted levels of sales and margin - Pricing strategy: responsible for developing a competitive organizational pricing strategy to drive financial performance across all categories (sale and margin), uses the analysis of history, market, consumer and competitive data to drive pricing decisions - Budgeting: plan the merchandise budget for the category/brand/territory - Cycle count policies and guidelines: lead monthly physical stock take to ensure that proper inventory control are upheld - Ensure that the stock takes are completed efficiently, professionally and to the satisfaction of internal departments and external auditors - Marinating the stocks and reducing the shrinkage level to their minimal - Receiving process and procedures: - Margin analysis
Senior Inventory Control (Head of Inventory department)Full Time
Feb 2014 - May 2018 -4 yrs, 3 months
Oman , Muscat
- Job Details:Fashion and Accessories • Analyses inventory results generated and conducts investigations when needed. • Ensure proper defining of margins, overhead charges and retail variances by brand in compliance with each franchise agreement • Perform training on all systems/ applications used in the Inventory Control Department • Validate inventory transactions processes ensuring alignment within the Inventory Control Department and perform quality control on data or group data • Ensure, prior to new stores opening date, proper testing of business processes • Provide technical support to minimize technical challenges • Validate all the processes related to Inventory transactions and ensure alignment within local Inventory Control department • Provide an overview of brand/country performance and monitor seasonal sales period • Manage and update devolutions and merchandise returning to suppliers • Generate end of month COGS and generate the monthly stock take results within the set timeframe • Ensure proper implementation of policies/procedures by providing the needed support to control losses, decrease the shrinkage percentage and validate inventory transaction processes • Assist in recruiting, training, motivating and evaluating his/her team to ensure that the department has the necessary skill base and that staff are optimally motivated and enabled to maximize their potential and contribution to the company • Calculate/analyze costs of sold items (COGS), prepare physical takes’ schedule and audit the count in the stores Food & Beverages • Generate weekly/monthly, and upon requested of the operation manager, analytical reports related to inventory • Review existing procedures related to processing transactions/generating reports and recommend needed adjustments/enhancements to improve processes' timeline and reporting efficiency • Review and validate group data COGS and consumption as well as provide the upper management with required reports. • Supervise all the tasks handled by F&B team members including day-to-day transactions and train restaurant and warehouse team members on all inventory related processes. • Provide technical support to the team and communicate with the regional IT department to resolve/limit the technical challenges • Review all the processes related to Inventory transactions and ensure alignment within Inventory Control departments • Develop and conduct training programs of new systems/ applications related to the Inventory Control department
Inventory control specialistFull Time
Mar 2011 - Feb 2014 -2 yrs, 11 months
Egypt , Cairo
- Job Details:• Follows up on imported purchase orders and processes as well as updates the stock level with the receiving of the shipments on daily basis. • Updates the sales figures into inventory data. • Follows up and validates transfers between stores. • Updates uniforms delivered to stores employees. • Processes the change of prices and the change of season transaction into JDE and exports the related to the point of sale (POS) in the shops. • Reviews inventory results generated and conducts investigations when needed. • Calculates the credit note values related to special promotions or sales period. • Manages and updates devolution, as well as returns merchandise to supplier and follow up with supplier related credit note. • Conducts and ensures downloading of physical take on monthly basis. • Generates inventory reports, sales reports and stock movements reports. • Validates inventory transactions: sales, receiving, change of season, change of prices.... • Validates inventory transaction (sales, receiving, change of season, change of prices). • Manages and updates devolution, as well as returns merchandise to supplier and follows up with supplier related credit note. • Generates inventory reports (sales reports, stock movement reports, order availability reports). • Conducts training on all systems/applications used in the inventory control department (JDE, MC3090, data collection application). • Ensures a proper testing of all business processes for new opining / prior to the opening date. • Trains efficiently the inventory teams on any brand and inventory system.
Junior inventory control specialistFull Time
Jan 2010 - Mar 2011 -1 yr, 2 months
Egypt , Cairo
- Job Details:• Follows up on imported purchase orders and processes as well as updates the stock level with the receiving of the shipments on daily basis. • Updates the sales figures into inventory data. • Follows up and validates transfers between stores. • Updates uniforms delivered to stores employees. • Processes the change of prices and the change of season transaction into JDE and exports the related to the point of sale (POS) in the shops. • Reviews inventory results generated and conducts investigations when needed. • Calculates the credit note values related to special promotions or sales period. • Manages and updates devolution, as well as returns merchandise to supplier and follow up with supplier related credit note. • Conducts and ensures downloading of physical take on monthly basis. • Generates inventory reports, sales reports and stock movements reports. • Validates inventory transactions: sales, receiving, change of season, change of prices.... • Validates the import of the electronic sales and receiving data on daily basis. • Follows up and communicates with the IT department or supplier regarding any problem in the electronic files. • Validates the data of receiving downloaded from Symbol machines with the imported data into the system, as well as ensures the update of the difference upon receipt. • Provides the stores with needed documents and support to properly receive the goods and to conduct an efficient cycle count. • Validates the cycle count data exported from the shops, imports it into the system and generates the cycle count results. • Communicates with the supplier concerning any error in the e-file imported.
Invoices matching accountantFull Time
May 2008 - Jan 2010 -1 yr, 8 months
Egypt
- Job Details:• Matching and booking the invoices with the receiving data on the system “ELVIS” • Handling the negative margin, negative stock. • Handling the variances between the system and the physical. • Doing the adjustment process • Handling the Dump SKU. • Ensure proper profit margin on all items in the store. • Ensure proper cost price on all items in the store.
Warehouse supervisorFull Time
Aug 2007 - May 2008 -9 months
Egypt
- Job Details:• Supervise the receipt, inspection, storage, cataloguing, inventorying and distribution of stock commodities in accordance to set regulations • Manage the warehouse operations in the absence of the manager and assign tasks to the staff accordingly • Ensure proper application of the inventory control group activities that are assigned to determine packaging and delivery requirements • Participate in the development and implementation of security control procedures for warehouse operations • Coordinate the surveillance and investigation of stock shortages, deviations from specifications, damages to shipments and delivery of partial shipments, resolve detected discrepancies by following up with vendors and freight companies and submitting appropriate reports • Oversee the regular transfer of documents between the stores and the other departments in order to ensure a proper operation of processes
Education
Diploma in accounting
Commercial Sciences and Computer InstituteJan 2001
Achievements
1. Loyalty Award for completing 10 years in the company on 2017 2. Thank you champion of 2017 3. Reduced the inventory shrinkage from 1.5% to 0.20%, which is less than the allowed limit by 0.30%. 4. Conduct monthly Gross Margin analysis 5. Prepared various analytical reports in sales, sale analysis reports 6. Worked to set sales dates, proposals for markdowns percentages, obtain sale permits during the seasonal sale periods. 7. Maintained one of the highest Operational Satisfaction levels across 13 countries in F&B. 8. Sold $ 90,000 of obsolete merchandise stock by organizing annual bazaar sales (since 2014)