Inventory Management:
Develop and implement inventory control procedures and systems, ensuring accurate inventory levels, timely order fulfillment, and efficient warehouse operations.
Record Keeping:
Maintain accurate records of inventory transactions, track stock levels, and reconcile inventory discrepancies.
Supplier Management:
Collaborate with suppliers to negotiate pricing, delivery timelines, and resolve any issues related to inventory.
Demand Planning:
Analyze sales data, forecast inventory needs, and collaborate with sales and marketing teams to ensure sufficient stock availability.
Cost Optimization:
Identify opportunities to reduce inventory costs, minimize waste, and improve overall efficiency.
Reporting and Analysis:
Prepare regular reports on inventory performance, analyze key metrics, and provide recommendations for improvement.