Inventory Management Specialist

Role: Beauty Merchandiser – Inventory & Planning Industry: Cosmetics, Skincare, and Personal Care Goal: Optimize stock levels, manage factory production timelines, and distribute inventory across retail channels to maximize daily sales and minimize stockouts. Reports to: Product Team & Financial Controller Job Type: Full-time, on-site (5 days/week) Budget: 8-10 LPA Key Responsibilities Inventory Planning & Re-ordering - Manage stock levels for both product packaging (components) and finished beauty goods. - Place timely re-orders based on lead times and production schedules. - Prevent stockouts on high-demand items while keeping overall warehouse holding costs low. Supply Chain & Vendor Liaison - Coordinate daily with factories and suppliers to track production timelines. - Resolve manufacturing delays to ensure new stock arrives at the warehouse on schedule. - Manage vendor relationships, lead times, and delivery documentation. Sales Tracking & Channel Allocation - Monitor the daily run rate (DRR) of all products to detect shifts in customer demand. - Allocate specific inventory quantities across sales verticals, including the brand website and online marketplaces (like Amazon, Sephora, or Nykaa). - Balance stock levels between channels based on real-time sales performance. Warehouse Management - Audit warehouse inventory levels to ensure physical stock matches digital records. - Coordinate with the logistics team to streamline receiving, storage, and channel fulfillment. Requirements and Skills - Experience: 2 to 5 years in inventory planning, supply chain merchandising, or demand planning (beauty or FMCG experience preferred). - Technical Skills: Advanced Excel skills (VLOOKUPs, pivot tables) and experience with ERP/Inventory management software. - Analytical Skills: Strong ability to calculate daily run rates, safety stock, and forecasting models. - Communication: Clear, assertive communication skills to manage external factories and vendors.

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