Inventory Planner

Talent Socio(We're Hiring!)

  • Gurgaon, Haryana
  • Permanent
  • Full-time
  • 22 days ago
Overview :- Our client is pioneering an omnichannel retail concept within the home improvement industry (e.g., plywood, paints, furniture fittings) and aims to establish India's leadingCompany Founded in 2022 by a diverse team comprising ex-Bain consultants, IIT alumni, and industry veterans, It introduces the 'Warehouse Retailer Model' to the market. Presently operating in East India, the company caters to interior designers, architects, and small retailers. It's intends to expand into Eastern India by establishing experience centers/warehouses through organic or franchise-based growth strategies. The company enjoys support from top-tier funds such as Beenext, Sparrow, and Veda VC. About the Role: Inventory Planner SKU-Level Inventory Planning: Strategically plan SKU quantities based on overall sales estimates, leveraging historical sales data across multiple categories and brands in the retail store. Manage Multiple Warehouses: Devise SKU-level inventory plans for various warehouses and implement a hub-and-spoke model for efficient inventory movement between master depots and sub-depots. Inventory Tracking Systems: Lead the development and deployment of inventory tracking systems to streamline inventory control tasks, enhancing operational efficiency. SKU Evaluation and Portfolio Optimization: Continuously assess and refine the SKU portfolio by eliminating slow-moving and less profitable items while integrating high-margin SKUs. Collaborative Communication: Work closely with sales, marketing, and procurement teams to synchronize inventory strategies with market demands and promotional activities. Inventory Optimization: Implement strategies to enhance inventory turnover, minimize carrying costs, and mitigate stockouts while maintaining optimal stock levels. Qualifications Extensive experience in inventory planning within multi-category/multi-brand retail outlets such as Big Bazaar, Lifestyle, Shopper's Stop, etc. Demonstrated leadership and team management skills. Proficiency in data-driven decision-making, defining KPIs, and effectively monitoring and tracking performance indicators. Minimum of 5 years of overall professional experience. Education from Tier 1 colleges. Compensation Open to negotiation, including the inclusion of an Employee Stock Ownership Plan (ESOP) allocation. This role offers an exciting opportunity for an experienced inventory planner to contribute to the expansion and strategic growth of an innovative player in the home improvement retail sector.

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