Strategic Inventory Manager

1 week ago

Melbourne, Victoria, Australia beBeeProcurement Full time $90,000 - $100,000
Job Description

Retail Buyers are responsible for implementing inventory management strategies to optimize stock levels and meet customer demand.

  • Implementing data-driven inventory management strategies to ensure optimal stock levels and meet evolving customer needs.
  • Developing and maintaining relationships with reliable suppliers, overseeing procurement processes from order placement to product receipt.
  • Conducting thorough quality assessments of received goods, ensuring compliance with industry standards.
  • Staying abreast of industry trends and consumer behaviour to identify new product opportunities and expand product ranges.
  • Analysing sales data to forecast future demand and inform purchasing decisions, aligning with business objectives.
  • Evaluating supplier performance and negotiating agreements to ensure cost-effectiveness and quality assurance.
  • Building strong relationships with both local and overseas suppliers, exploring diverse product offerings and fostering collaborative partnerships.
  • Developing and executing effective sales and marketing strategies in collaboration with merchandisers and sales teams.
  • Utilizing sales data to refine product promotions and pricing strategies, maximizing profitability.
Required Skills & Qualifications
  • Bachelor's degree or higher in Business Administration or a related field.
  • Minimum of 2 years of experience in procurement or supply chain management in the retail sector, particularly in the food and beverage sector.
  • Proven expertise in retail buying or procurement, demonstrating a solid grasp of inventory management principles.
  • Excellent analytical skills to interpret sales data for informed purchasing decisions.
  • Outstanding communication skills, fostering teamwork and problem-solving abilities.
  • Flexibility in work schedules, ability to work across different time zones, and no travel restrictions.
  • Fluency in English, written and verbal, is preferred.
  • Proficient in negotiation and communication, cultivating effective supplier relationships.
  • Collaborative approach, working closely with cross-functional teams like merchandisers, marketers, and sales staff.
  • Proficiency in effective people management.
  • Detail-oriented mindset, emphasizing quality standards and compliance.
  • Competency in inventory management software and Microsoft Office Suite.

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