Al Futtaim Private Company LLC
Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.Job Role:
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.
Job Responsibility:
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.).
Analyses variances, explores problem areas and utilizes them for continuous improvement and appropriate recommendations
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 every day.
Work with Range to plan Sales and Store capacities.
Commercial
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.
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.
Financial
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.
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 & Development
Required skills:
Excellent written and verbal English
Profession level of MS Excel and other MS programmes.
What equips you for the role
Knowledge of retail operations
5 – 7 years’ goods flow and supply chain management experience