Inventory Controller Assistant - IKEA

Job description / Role

Inventory Controller Assistant - IKEA - Cairo Festival City - Cairo,Egypt

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

IKEA is the worlds 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 isnt only our vision, its our way of life!

To manage the Physical Inventory Department of the IKEA store and support the Inventory Control Executive. Ensure all items in the store are counted in a systematic & planned manner thereby providing better stock availability for the business and also ensuring better data integrity.
- To be responsible for planning and coordinating annual and perpetual inventories stock count for the Store.
- Analyze deviation and discrepancies ascertaining a tolerance level for shrinkage.
- Designates the task of updating stock files to Inventory Assistant.To supervise the Physical 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 be responsible for periodically meetings 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.
- To be responsible for the execution of the physical inventory of the store including the Self-Serve, Full Serve, Market Hall and Display counts and for overseeing the Recovery counts. After all investigations are completed the job holder is responsible for analysing the Stock loss figure and present to the Logistics Manager and the Store Manager as well as members of the Store Management team. This figure has to be conveyed to Finance who will present it to the Auditors.
- To review and update the PI SOPs, as well as maintaining consistent stock balances by adhering to strict physical inventory control procedures.
- To act as an interface between the inventory and the goods receiving department thereby monitoring and analyzing the errors arising from the different areas.
- To monitor and maintain KPIs pertaining to the PI process in order to maintain a track of the areas which directly affect the performance of the Physical Inventory team as well as have an adverse impact in the overall objective of the Team.

Requirements

Minimum Qualifications and Knowledge:
- Graduate (Bachelor of Commerce)

Minimum Experience:
- 2-4 years inventory and supply chain management experience
- Knowledge of retail operations

Job-Specific Skills:
- IT knowledge especially good knowledge in excel
- Goods handling and safety
- Preferred written and verbal English
- Ability to work on overnight shift

Behavioural Competencies:
- Interpersonal Skills
- Business Acumen
- Problem Solving
- Confident
- Leadership Skills

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.