Inventory Controller | Retail | Marks

4 weeks ago

Abha, Saudi Arabia Al Futtaim Private Company LLC Full time

Job Requisition ID: 160898 

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United A”rab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organisation to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. 

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

 

Overview of the role

To manage the Inventory Department of the Markes and Spencer store and support the sales departments.  Maintain consistent stock balances by adhering to strict inventory control procedures.  The job holder is responsible to monitor system processes and operating procedures ensuring smooth data flow, sales space capacities, recovery and physical movement of stock.

 

What you will do

Operational

  • Maintain consistent stock balances by adhering to strict inventory control procedures.
  • Reviews and upgrades inventory procedures as per the group policy and recommending it to the management and group audit for review.
  • Manage daily routines to ensure store In Shape as new everyday.
  • Work with Range to plan Sales and Store capacities.
  • Be responsible for coordinating annual and perpetual inventories for the store. 
  • Analyses stock deviation and discrepancies ascertaining a tolerance level for shrinkage.
  • Designates the task of updating stock files to Inventory Assistant.
  • Obtain and coordinate store requirements, to liaise efficient opening/closure of the store, deal with customer guidance and complaints and supervise all operating departments
  • Review and monitor daily and monthly Key Performance Indicators (KPIs) and analysis reports on various measurable factors against benchmarked figures (e.g. reports relating to delivery accuracy, shrinkage, discontinued and sales lists, stock levels, stock ageing,   etc.)
  • Analyses variances, explores problem areas and utilizes them for continuous improvement and appropriate recommendations

 

Commercial

  • Work together with the Logistics, Sales, Communication and Interior Design teams on sales space optimization and regular replenishments through the analysis of stock movements.
  • The job holder is responsible for overstock and concrete articles.
  • Acts as an interface between the Retail Warehouse and the Store to secure all administrative routines influencing the stock balance are maintained consistently.
  • Secure routines maintaining the Basic Data Quality and efficient ordering which support lowest possible cost to strengthen M&S’s position as the best home furnishing store in local market.
  • Health and Safety requirements for loading and unloading trucks.
  • Support regional requirements.
  • Plan space capacity for peak trade.
  •  

 

 

Financial

  • Be responsible for the annual Operational Review for the Supply Chain and Logistics Consultants. 
  • Periodically meets with the AF Group audit team for the assessment and validation of the inventory process of Markes and Spencer which includes the existing procedures, business application, documentation and final approvals of stock shrinkages after stock take.

 

People Management & Development

  • Supervise the Inventory Control team to ensure highest level of work efficiency, and control operational costs. 
  • Ascertain adequate training and development initiatives to secure quality performance and succession needs. 

 

Required Skills to be successful

  • Profession level of MS Excel and other MS programmes.
  • Excellent written and verbal English

 

What equips you for the role

  • A Bachelor’s Degree minimum required
  • 5 – 7 years goods flow and supply chain management experience
  • Knowledge of retail operations

 

 

We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.

Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.
Additional Internal Information:


• Reports to:
• Band:

Note:-

You must have been an Al-Futtaim employee for at least 18 months in order to be considered.
You must inform your HRBP in confidence of your application.
Please note that this vacancy may be advertised externally in the next week so apply without delay.

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