Company Overview

Gamut HR Solutions is dedicated to assisting individuals in finding the right kind of job. With a small team of 2-10 employees and headquarters based in Hyderabad, the company stands out for its personalized approach towards career solutions. For more information, visit our website at Gamut HR Solutions.

Job Overview

We are seeking an experienced Inventory Manager to join our team in the retail industry in Hyderabad. This is a full-time mid-level position requiring between 4 to 6 years of work experience. The ideal candidate will manage inventory effectively, collaborate with vendors, and predict future trends to optimize our operations.

Qualifications and Skills

• Inventory Management (Mandatory skill): Proficiency in monitoring, maintaining, and optimizing inventory to meet demand without overstock or delay.
• Vendor Management (Mandatory skill): Expertise in creating and nurturing supplier relationships to enhance service delivery and retain quality standards.
• Forecasting (Mandatory skill): Skilled in accurately predicting future inventory needs based on sales and market trends to ensure readiness.
• Supply Chain: Understanding of end-to-end supply chain processes with the ability to streamline operations efficiently.
• Data Analysis: Ability to utilize data-driven methods to improve inventory processes and predict supply needs.
• Retail Operations: Experience with retail industry practices, including customer service, merchandising, and store logistics.
• Communication: Strong verbal and written communication skills to effectively liaise with internal teams and external vendors.
• Problem Solving: Capable of addressing operational challenges swiftly and offering strategic solutions.

Roles and Responsibilities

• Oversee and manage inventory levels across all retail stores, ensuring optimal stock availability to meet sales demands.
• Coordinate with vendors and suppliers to establish an efficient inventory replenishment process.
• Implement effective forecasting methods to predict inventory needs and minimize holding costs.
• Conduct regular inventory audits to ensure stock accuracy and identify areas for process enhancement.
• Develop strategic plans in collaboration with finance to reduce costs and improve profit margins.
• Lead initiatives for process improvement within the inventory management system to enhance efficiency.
• Train and mentor junior staff on best inventory practices and company objectives.
• Maintain up-to-date records of inventory reports and metrics for analysis and decision-making.