Inventory Manager

1 week ago


Dubai, Dubai, United Arab Emirates BFL Group Full time

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Inventory Manager

Company Overview:

BFL Group is one of the world's leading off-price retailers of fashion and homeware. With headquarters based in United Arab Emirates, we serve over markets across the region and southeast Asia.

Our goal is to delight customers and entice them back with the promise of exceptional pieces that excite – all at up to 80% off the original retail price for fashion designer brands. Our unique "Treasure Hunt" model ensures there is always something new to explore, desire and discover within our stores. Our customers walk out with new items every time they visit any of our stores.

Job Overview:

The Inventory Manager serves as the Global Process Owner for inventory operations, overseeing and standardizing end-to-end inventory management across all stores and warehouses. This role is responsible for ensuring accuracy in stock records, optimizing inventory flow, and driving consistency in processes across multiple locations. As the key owner of inventory management processes, the position collaborates with cross-functional teams to enhance stock accuracy, streamline operations, and improve overall supply chain efficiency on a global scale.

Key Responsibilities:

  • Define, document, and implement a standardized, end-to-end global inventory management process.
  • Establish and enforce best practices, policies, and governance frameworks across all regions, ensuring consistency and compliance.
  • Continuously assess and refine inventory processes to enhance efficiency, accuracy, and alignment with business objectives.

Inventory Accuracy & Control

  • Ensure accurate stock records across all warehouses, stores, and distribution centers.
  • Define and implement global cycle counting and stock reconciliation procedures.
  • Lead initiatives to minimize stock variances, shrinkage, and obsolescence through data-driven analysis and process improvements.

Cross-Functional Collaboration & Stakeholder Management

  • Act as the key liaison between operations, finance, supply chain, and IT teams to ensure inventory processes are fully integrated.
  • Partner with regional teams to address local challenges while maintaining global process integrity.
  • Provide training and guidance to ensure adherence to global inventory policies.
  • Own the inventory management framework within the ERP (Oracle or other systems), ensuring system configurations support process standardization.
  • Drive automation and digital transformation initiatives to enhance real-time stock visibility and accuracy.
  • Collaborate with IT to troubleshoot system-related inventory issues and implement enhancements.

Performance Monitoring & Continuous Improvement

  • Define and monitor key performance indicators (KPIs) related to inventory accuracy, turnover, and efficiency.
  • Conduct root cause analysis of inventory discrepancies and lead corrective action plans.
  • Benchmark global inventory practices and introduce improvements based on industry best practices and emerging trends.
  • Ensure inventory processes align with financial controls, audit requirements, and regulatory compliance.
  • Develop risk mitigation strategies related to inventory discrepancies, fraud, and operational inefficiencies.
  • Support internal and external audits by providing accurate inventory data and process documentation.

Skills & Qualifications:

  • Bachelor's or master's degree in supply chain management, Logistics, Business Administration, or a related field.
  • Process-Driven Mindset – Strong ability to design, implement, and optimize end-to-end inventory management processes with a focus on standardization and efficiency.
  • Minimum 5-8 years of experience in inventory management, supply chain, or process improvement roles, preferably in a global or multi-location retail or distribution business.
  • Experience working with inventory management software or ERP systems like Oracle, SAP, or similar will be a plus.
  • Experience as a Global Process Owner (GPO) or in a similar process governance role is highly desirable.
  • Proficiency in inventory management systems and MS Office (Excel, PowerPoint, Power BI).
  • Strong analytical and problem-solving skills with experience in data-driven decision-making.
  • Excellent leadership and team management capabilities.
  • Strong communication and interpersonal skills to collaborate effectively with internal and external stakeholders.
  • Detail-oriented with a proactive and organized approach to managing tasks.
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