Plan and coordinate annual and perpetual inventories stock count for the Store.
Analyze deviation and discrepancies ascertaining a tolerance level for shrinkage.
Designate the task of updating stock files to Inventory Assistant.
Review and update the PI SOPs, as well as maintaining consistent stock balances by adhering to strict physical inventory control procedures.
Act as an interface between the inventory and the goods receiving department thereby monitoring and analyzing the errors arising from the different areas.
Monitor and maintain KPI?s 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 on the overall objective of the Team.
COMMERCIAL
Work together with Logistics, Sales, and Communication and Interior Design teams in order to ensure the manual errors binning/posting errors are reduced and the disciplines in the SOPs are followed while transferring stocks to display and selling the same from display.
FINANCIAL
Handle the periodical 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.
Execute the physical inventory of the store including the Self Serve, Full Serve, Market Hall and Display counts and for overseeing the Recovery counts.
Analyse the Stock loss figure after all investigations are completed and present to the Logistics Manager, the Store Manager & SMT.
Convey Stock loss figure to Finance who will present it to the Auditors.
PEOPLE MANAGEMENT & DEVELOPMENT
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
