HairOriginals - Inventory Manager

Department: Supply Chain & Operations

Location: GURUGRAM

Reports To: Operations Manager / Head of Department

Job Summary:

- The Inventory Manager will be responsible for planning, monitoring, and controlling inventory across warehouses, High-Touch (HT), and Experience Centers (EC).

- This role ensures accurate demand forecasting, stock availability, and timely reporting to support smooth day-to-day operations while maintaining compliance with internal systems and standards.

Key Responsibilities:

1. Inventory Planning & Projection:

- Collaborate with Operations Manager and respective HODs to prepare accurate inventory projections at least 15 days before the upcoming month.

- Align demand forecasting with sales trends and business requirements.

2. Data & Dashboard Management:

- Provide real-time dashboards and reports on product availability for B2C, HT, and EC.

- Ensure stakeholders receive accurate and timely inventory reports to support decision- making.

3. MBQ (Minimum & Maximum Balance Quantity) Management

- Maintain MBQ levels for all HT and EC outlets, factoring in warehouse stock.

- Prevent stock-outs and overstocking situations by proactive monitoring.

4. Stock Verification & Audit

- Conduct weekly physical stock verification for HT.

- Conduct half-monthly stock verification for EC.

- Identify discrepancies, report issues, and ensure corrective actions.

5. Stock Distribution & Transfers

- Manage timely stock dispatch to Stylists and ECs.

- Record and oversee all stock transfers in Uniware, including:

- HT - EC

- Warehouse - HT

- Warehouse - EC

- EC - Warehouse

Key Result Areas (KRAs):

- Accuracy of Projections - Variance % between forecast and actual demand.

- Timeliness of Dashboards - % of on-time reports shared with stakeholders.

- MBQ Adherence - % compliance across HT, EC, and warehouse.

- Stock Audit Accuracy - % accuracy of weekly and half-monthly verification.

- Stock Dispatch Timeliness - % of orders/stocks dispatched on time.

- System Accuracy - % of stock transfers correctly recorded in Uniware.

Key Requirements:

- Master's/Bachelor's degree in Supply Chain, Operations, or related field.

- 3-6 years of experience in inventory management, preferably in retail/e-commerce.

- Strong analytical and forecasting skills.

- Hands-on experience with ERP/Inventory systems (e.g., Uniware, SAP).

- Excellent attention to detail and problem-solving ability.

- Strong communication and cross-functional coordination skills.

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