Responsibilities
Inventory Checks and Control:
- Devise ways to optimize inventory control procedures
- Maintain an updated and accurate records of inventory
- Inspect the level of merchandise / goods supplied to identify shortages
- Ensure product stock is adequate for all distribution channels and can cover direct demand from customers
- Record daily deliveries and shipments to reconcile inventory
- Ensure quantity on the supply invoices corresponds with supplied goods
- Use software to monitor demand and document characteristics of inventory
- Place orders to replenish stock avoiding insufficiencies or excessive surplus
- Auction damaged goods according to the policies and procedures
- Analyze data to anticipate future needs
- Collaborate with warehouse employees and other staff to ensure business goals are met
- Report to upper management on stock levels, issues etc.
Cost Control/ Reduction:
- Work in conjunction with Finance and Procurement department to ensure maximum profitability
- Negotiate prices with suppliers without compromising on quality on goods/ merchandize
- Notify suppliers on expiry date on goods to avoid complaints from customers
- Evaluate suppliers to achieve cost-effective deals and maintain trust relationships
- Negotiate payment terms with suppliers in favor of the management of Buymore
Finance Management:
- Submit all invoices to Account department for processing
Other duties:
- Ensure the retail shop is always presented and merchandised to the highest standards whilst maintaining focus on the most profitable items.
- Stays abreast of competitors within the industry.
- Conduct price survey from time to time to ensure our prices are within the industry standard.
- Oversee opening and closing of the store room and the facility
- Build and maintain strong relationships with suppliers
- Notify Procurement of price increment
- Work with Business Operations Manager on inventory discrepancies and loss prevention and product knowledge training for sales staff
- Send weekly and monthly report to the management
- Performs other duties and responsibilities as assigned by the management.