Assistant Manager - Retail (Inventory)
Riyadh
Job description
Mainly accountable for end‑to‑end stock management in the territory. Ensures merchandise availability according to sales trends, seasonality, promotions, events, sell‑through and self‑space. Responsible for inventory health nationwide through regular cycle counts and follow‑up with RIC to implement corrective actions and documentation to prevent shrinkage, and to reduce aging stock. Optimizes stock utilization with markdowns within budget to maximize profit. Ensures stores receive the right stock based on sell‑through, drives stock turns and coverage, monitors stock cannibalization, and improves productivity by tracking sell‑through. Forecasts stock requirements using current and past sales trends and coordinates with SCM for priority shipment GRN. Manages promotions, pricing, permit files and floor stock mix, minimizes zero displays and maintains core items availability 365 days a year. Clears inter‑territory goods in transit, processes floor damages and trouble code stock in warehouse promptly. Plans stock‑take and physical inventory with RIC to ensure accuracy, corrects negative stock, and addresses shrinkage. Reviews slow‑moving SKUs and proposes liquidation offers and plans. Conducts quality checks on new arrivals and provides feedback. Monitors aging stock and executes liquidation sales. Manages loose components and releases fake reservations in warehouse for sale. Prevents loss by restricting shrinkage and damages within norms, monitors IN/OUT processes to control technical shrinkage, guides RIC and sales staff on product management to ensure stock accuracy and reduce damages, reviews inventory through cycle counts, ensures timely damage segregation, repair and clearance. Prepares reports for stakeholders for corrective actions such as post‑event analysis, zero sellers, and sold‑without‑display. Manages CCC team for escalated MOC cases and administrative tasks. Reports store NPS and follows up to achieve KPIs. Supports e‑commerce, clears pending deliveries and ensures Click & Collect order process compliance.
Requirements
- Bachelor's degree in any field (Supply Chain preferred)
- qualified and proficient in MS‑Excel, Word and PowerPoint
- experience using analytical tools
- 8‑10 years of overall experience
- 4‑5+ years retail experience with at least 2 years in home and furniture retail
- knowledge of retail industry and processes
- knowledge of merchandising, stock management and inventory processes
- communication skills
- interpersonal skills
- proactiveness and flexibility
- customer service orientation
- result orientation
- problem solving
Skills
Let MIFZZA apply for you
Upload your CV and MIFZZA matches you with jobs that fit your field and city, with an ATS-ready CV and a cover letter for each application.