Inventory Assistant (Goods Receiving) – IKEA

Job description / Role

One of the companies bearing Al-Futtaim name is IKEA.

IKEA is the world's largest home furnishings store, founded in Sweden over 60 years ago. At IKEA not only our furniture is down to earth, straightforward and inspiring, but so is our work ethics. Despite being the leading home furnishing retail franchisee across the world, we at IKEA still give you the room to grow! At IKEA creating a better everyday life for the many isn't only our vision, it's our way of life!

To manage the Inventory Department of the IKEA store and support the sales departments. Maintain consistent stock balances by adhering to strict inventory control procedures. The job holder is responsible to monitor system processes and operating procedures ensuring smooth data flow, sales space capacities, recovery and physical movement of stock.

Requirements

Operational:

* Maintain consistent stock balances by adhering to strict inventory control procedures.
* Reviews and upgrades inventory procedures as per the group policy and recommending it to the management and group audit for review.
* Manage daily routines to ensure store In Shape as new everyday.
* Work with Range to plan Sales and Store capacities.
* Be responsible for coordinating annual and perpetual inventories for the store. 
* Analyzes stock deviation and discrepancies ascertaining a tolerance level for shrinkage.
* Designates the task of updating stock files to Inventory Assistant.
* Obtain and coordinate store requirements, to liaise efficient opening/closure of the store, deal with customer guidance and complaints and supervise all operating departments
* Review and monitor daily and monthly Key Performance Indicators (KPIs) and analysis reports on various measurable factors against benchmarked figures (e.g. reports relating to delivery accuracy, shrinkage, discontinued and sales lists, stock levels, stock ageing,   etc.). 
* Analyzes variances, explores problem areas and utilizes them for continuous improvement and appropriate recommendations

Commercial:

* Work together with the Logistics, Sales, Communication and Interior Design teams on sales space optimization and regular replenishments through the analysis of stock movements.
* The job holder is responsible for overstock and concrete articles.
* Acts as an interface between the Retail Warehouse and the Store to secure all administrative routines influencing the stock balance are maintained consistently.
* Secure routines maintaining the Basic Data Quality and efficient ordering which support lowest possible cost to strengthen IKEA's position as the best home furnishing store in local market.
* Health and Safety requirements for loading and unloading trucks.
* Support regional requirements.
* Plan space capacity for peak trade.
* Concrete and slow sellers to be pushed through with Trinity.

Financial:

* Be responsible for the annual Operational Review for the Supply Chain and Logistics Consultants. 
* Periodically meets with the AF Group audit team for the assessment and validation of the inventory process of IKEA which includes the existing procedures, business application, documentation and final approvals of stock shrinkages after stock take.

People Management and Development:

* Supervise the Inventory Control team to ensure highest level of work efficiency, and control operational costs.
* Ascertain adequate training and development initiatives to secure quality performance and succession needs.

* To represent IKEA brand at the required level
* To maintain store standards to the required level

About the Company

Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.

The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.

The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.