Store Executive

Role & responsibilities

1) Inventory Database Management:

- Ensure accurate updates to the inventory database within 24 hours of stock movement to maintain real-time tracking.

2) Record Accuracy:

- Maintain error-free inventory records with 100% accuracy, ensuring reliable data for decision-making.

3) Discrepancy Investigation and Correction:

- Investigate discrepancies in inventory records and initiate corrective actions within 48 hours to resolve issues promptly.

4) Inventory Reporting:

- Present monthly inventory status reports to senior management, providing insights into stock levels, discrepancies, and trends.

5) SOP Updates:

- Update Standard Operating Procedures (SOPs) for inventory management and audits every six months to reflect process improvements and changes.

6) Stock Record Accuracy:

- Ensure 99% accuracy in stock records compared to physical inventory counts to minimize discrepancies.

7) Critical Stock Availability:

- Maintain a 100% availability rate for critical stock items, ensuring no disruptions in operations due to stock shortages.

8) Order Fulfillment:

- Achieve 95% on-time and complete order fulfillment, ensuring customer satisfaction and efficient supply chain operations.

9) Data Validation and Quality Control:

- Implement and maintain data validation checks for database entries to ensure the quality and integrity of inventory data.

10) Inventory Cost Management:

- Monitor and control inventory holding costs to ensure they remain within the allocated budget and avoid excess costs.

11) Procurement and Distribution Oversight:

- Oversee the procurement, storage, and distribution processes to ensure operational efficiency, accuracy, and timely delivery of inventory.

Preferred candidate profile

1) Experience in managing procurement and distribution operations.

2) Experience in developing and updating SOPs for inventory management.

3) Ability to train and mentor team members to improve operational efficiency.

4) Proficient in using data validation tools and ensuring data integrity.

Minimum of 3-5 years of experience in inventory management, procurement, or supply chain operations, with at least 2 years in a supervisory or leadership role.