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Job Requisition ID: 158796
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.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day
Overview of the 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.
What you will do
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 every day.
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.).
Analyses 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 & 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.
Required skills to be successful
Profession level of MS Excel and other MS programmes.
Excellent written and verbal English
What equips you for the role
5 – 7 years’ goods flow and supply chain management experience
Knowledge of retail operations
About Al-Futtaim Retail
Al-Futtaim Retail has established itself as one of the leaders in Retail across the Middle East, Africa & Asia over the past 30 years. We have developed partnerships with some of the biggest and most respected Brands in the world including IKEA, ACE and Toys R Us in the Middle East and the Inditex Group of Brands (Zara, Mango, Bershka and P&B) across Asia. We are also one of the largest Global partners of Marks and Spencer’s in both regions with over 75 stores offering both fashion & food options.
Most recently we have been responsible for bringing brands to the Middle East for the first time with the exciting launches of Watsons and B&Q and we aim to continue to be agile and adaptive to our markets with new launches and further development. For this to be possible we aim to recruit the best talent from all backgrounds who will continue to challenge and develop our diverse workforce which includes over 100 nationalities across 12 countries. Join us today and make a difference…
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