Inventory Controller | Retail | Watsons | Ibn Battuta Mall
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 organisation 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
The job holder will be responsible to follow operating procedures, provide inventory control service, ensuring that the stocks are available when needed and that stock movement is accurately tracked and maintained throughout the entire process, minimizing stock loss risks.
What you will do
- Controlling the product's inputs & outputs from warehouses/other Stores. Stock discrepancies during receiving must be escalated to the supplier/sender by raising an SRD report. Coordinate until the SRD is adjusted in the system.
- Tracking & updating stocks both on Incoming/Outgoing Log Books & in the system.
- Avoiding product shortages by investigating on a weekly basis. Perform investigations based on Stock Accuracy Checks. Segregate damages in the stock room and ensure the movement of the damaged units.
- Support management with the required reports/feedback.
- Prepare the store for marketing events (if any), arrange for stock count procedures (additional cartons and segregating stocks for easy scanning/counting purposes).
- Missing barcodes - Accurately record the quality, quantity, type, style, and any other characteristics of the inventory so the store team has a clear understanding of what is and isn’t available in case of barcode unidentifiability. This needs to be sent to the brand team in Dubai for further assistance with the barcode. All such merchandise is to be separately put up in the stock room with updated information in the form of a report to the OPM on a monthly basis.
- Presence during any maintenance-related work activity in the store (often at night after store closing).
- The job holder must be involved in the annual business planning and will also manage monthly budgets.
- The job holder will sometimes create POs and track invoices, ensuring the work is completed within allocated SLA and invoiced by the Service Provider.
- The job holder will have to manage all non-merchandise assets stored inside stock rooms for business-related activity purposes.
- Ensure that all policies and procedures relating to admin and stock movement processes are strictly adhered to.
- Follow SOP guidelines and inform Management of any breaches of SOP.
- Process any inventory adjustments, such as for monthly damages, expired items, testers, transfers, and any special orders.
- Maintain accurate records for stock movement within the business.
- Where required, apply for any relevant promotional permits.
- Monitor DSR (Daily Sales Reconciliation) and ensure documentation is compliant including: Reconciliation of cash & other tenders, Daily Audit of reports/collections, Banking/Foreign Exchange, Store Petty Cash, Tallying of safe fund daily, Credit Card Reconciliation, and Other Non-Cash tenders reconciliation.
- Ensure all sales are reflecting in SAP.
- Investigate any discrepancies in SAP and Rpro by monitoring IDocs and missing transactions to resolve and raise IT calls.
- All invoices from suppliers/contractors must be verified and processed with the payments team. Follow-up must be maintained to track pending invoices and flag pending payments. Maintain a liaison with suppliers to clear any outstanding payments.
- Generate stock reports.
Required skills to be successful
- Minimum Experience and Knowledge: 3-4 years in a retail stock handling role in the local market is a must requirement.
- Job-Specific/Technical Skills: Good IT skills; qualifications from a supply chain management/logistics institute are beneficial.
What equips you for the role
Education: Diploma/High school.
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