Inventory Analyst

A Growing Retail Group (Fashion and F&B) in Bahrain

Manama, Bahrain

Ref: OP858-02

Job description / Role

Employment: Full Time

A predominantly office based role that takes accountability for ensuring stock is effectively planned and allocated across a specific Brand in order for optimum sales to be achieved.

Responsibility requires commercial decision making, Financial analysis and interpretation of sales and stock performance to assist the Brand Manager with making informed business decisions and driving profitability. Operates across an existing and expanding store portfolio spanning many territories.

Role Responsibility:
- Assist Brand Manager in Developing season plan and merchandise strategies as per product mix, supplier mix and price point strategy. Leverage consumer insights into communications strategies & plans to ensure attainment of company sales goals/profitability.
- Monitor in-season demand and managing brand contribution, territory performances, sales comparisons, monitoring margins & price-point analysis, size analysis, identifying concerns and suggesting actions with a continual follow up plan.
- Liaise with suppliers & OTB management for purchase and monitoring OTB status.
- Seasonal buy by considering the historical sales & performances of each department/category along with the size & colour mixes.
- Prepare strategic plan regarding concept, territory, department, group, subgroup levels for sales, margins, percentage markdowns / discounts, stock turns, closing stocks.
- Determine good and bad selling products to take action or propose markdowns/discounts.
- Review and address good inventory levels to minimize potential out of stock risk to sales.
- Feasibility study for Cost effective deals with P&L Management
- Monitor overall brand performance with each brand and work closely with Brand/Sales teams to ensure overall brand performance and image is kept intact.

Requirements

- Minimum 3 to 5 years exposure to Fashion Retail preferably with Accessories Brand good knowledge of Stock Management, Merchandising, Analysis and Multi Store stock Allocation.
- Bachelors Degree.
- Good IT soft wares knowledge especially in Excel.
- Good communication skills
- Analytical knowledge
- Reports and Presentation skills
- Good interpersonal skills

About the Company

A growing retail group (Fashion and F&B) in Bahrain.

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