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Inventory Management Specialist
2 months ago
Job Summary
Culture Kings is seeking a highly skilled Inventory Management Specialist to join our Sydney CBD store. As a key member of our retail team, you will be responsible for overseeing the efficient management and control of inventory within our stores.
Key Responsibilities
- Develop and implement effective inventory management strategies to ensure adequate stock levels are maintained while minimizing carrying costs and stockouts.
- Establish and maintain stock control procedures, including stock counting, stock rotation, and reconciling stock discrepancies. Regularly review and update these procedures to enhance accuracy and efficiency.
- Collaborate with the Merchandising team and Store Managers to facilitate timely stock replenishment to meet customer demand and ensure optimal product availability.
- Oversee the organization and maintenance of stockrooms to ensure efficient stock handling and easy accessibility for staff.
- Ensure stocktake preparation is completed to company standard to enable accurate counting and recording of inventory during the stocktake process.
- Implement quality control measures to ensure that received merchandise meets the required standards and that damaged or faulty items are handled appropriately.
- Collaborate with the Loss Prevention team to minimize stock losses due to theft, damage, or other factors. Implement security measures to safeguard inventory.
- Provide training and guidance to store staff on stock control procedures, accurate stock handling, and efficient stockroom management.
Requirements
- Proven experience in inventory management or stock control, preferably in a retail environment.
- Strong analytical skills and attention to detail to conduct accurate stock audits and data analysis.
- Familiarity with inventory management systems and proficiency in using software tools.
- Excellent organizational and time management skills to manage multiple tasks effectively.
- Strong communication and interpersonal skills to collaborate with various teams and suppliers.
- Problem-solving mindset and the ability to make data-driven decisions to optimize inventory control processes.
- Knowledge of stockroom organization, product handling, and storage best practices.
Why Culture Kings
- Generous salary & team discounts
- Constant never-ending career growth and progression in both professional and personal aspects
- Exciting, fast-paced and dynamic environment
- Open free-flowing communication where ideas are heard, low red tape and proactive resourceful culture that acts