Inventory Management Specialist

3 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia adidas Full time

Overview:

As an Inventory Management Specialist at adidas, you will play a vital role in ensuring the smooth operation of our retail inventory management process. This includes monitoring and maintaining levels of inventory between systems, stores, and warehouses to ensure accurate STOH information is delivered to senior management.

Key Responsibilities:

  1. Develop and implement effective inventory reporting structures to analyze item performance and identify trends.
  2. Maintain accurate records of inventory adjustments, quantity and price variance analysis, and system alignment results.
  3. Collaborate with cross-functional teams, including IT, Finance, and SCM, to ensure seamless inventory management processes.
  4. Drive the stock audit process from planning to execution and maintain high levels of customer service.
  5. Analyze data to identify opportunities for process improvements and propose changes to prevent irregularities.
  6. Ensure store receiving and shipping of inventory into and out of the company's warehouse, including EOS transfers and inter-branch transfers.
  7. Results of investigations and potential loss prevention issues are reported directly to Senior Management Retail Operations.

Key Performance Indicators:

  1. Shrinkage targets are defined annually, and administration ensures compliance.
  2. To ensure all uniforms and damages are adjusted monthly.
  3. PRP Internal Controls Audit Results (relevant sections) are reviewed regularly.
  4. Investigations are closed within 48 hours.
  5. System alignment results are analyzed monthly, with a target range of 98%-100%.

Knowledge, Skills and Abilities:

  1. Advanced user of MS Office suite of products.
  2. Analytical skills to drive business decisions.

Requisite Education and Experience / Minimum Qualifications:

  1. University degree in Business Administration or related field.
  2. 3-4 years of experience in retail inventory control, preferably in the sports/consumer goods industry.
  3. Industry experience in Sports/Consumer goods.
  4. RFID experience is preferred.


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