Inventory Controller

7 months ago


Dubai, United Arab Emirates Yusuf Bhai Perfumes Blending Full time

As an Inventory Controller at our retail stores, you will play a crucial role in managing and maintaining our inventory of perfumes and related products. You will ensure that the right products are available in the right quantities to meet customer demand while minimizing excess stock and avoiding stockouts.

Your responsibilities will include but are not limited to:
**1. Inventory Management**: Oversee the entire inventory management process, including receiving, organizing, and storing merchandise. Maintain accurate records of inventory levels, adjustments, and movements.

**2. Stock Replenishment**: Monitor inventory levels to determine when stock needs to be replenished. Coordinate with suppliers or purchasing department to ensure timely replenishment of stock while adhering to budgetary constraints.

**3. Stock Rotation**: Implement FIFO (First In, First Out) and FEFO (First Expired, First Out) principles to ensure the freshness and quality of products. Rotate stock as necessary to prevent expired or outdated products from being sold.

**4. Inventory Audits**: Conduct regular inventory audits to reconcile physical stock counts with system records. Investigate and resolve discrepancies promptly to maintain data accuracy.

**5. Forecasting and Planning**: Analyze sales trends and historical data to forecast demand for various products. Collaborate with management to develop inventory strategies and purchasing plans.

**6. Supplier Management**: Establish and maintain strong relationships with suppliers. Negotiate pricing, terms, and discounts to optimize procurement costs.

**7. Quality Control**:Inspect incoming merchandise for quality and compliance with standards. Flag any issues or defects and work with suppliers to address them promptly.

**8. Reporting**: Generate reports on inventory levels, turnover rates, and other key performance indicators. Present findings to management and make recommendations for improvement.

**9.Process Improvement**: Continuously evaluate and streamline inventory management processes to enhance efficiency and reduce costs. Implement best practices and technological solutions as appropriate.

**10. Compliance**: Ensure compliance with regulatory requirements related to inventory management, such as safety standards and licensing regulations.

**Qualifications**:

- Bachelor's degree in business administration, supply chain management, or a related field preferred.
- Proven experience in inventory management, preferably in the retail industry.
- Strong analytical skills and attention to detail.
- Proficiency in inventory management software and MS Excel.
- Excellent organizational and communication skills.
- Ability to multitask and prioritize in a fast-paced environment.
- Knowledge of perfumes and cosmetics industry is a plus.

Join our team and contribute to the success of our team by efficiently managing our inventory and ensuring a delightful shopping experience for our customers.

**Job Types**: Full-time, Permanent


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