Inventory Analyst

As an Inventory Planning Executive, you will be responsible for managing inventory levels,

forecasting demand, and ensuring optimal stock availability to support our sales and business

objectives.

Responsibilities:

• Monitor inventory levels and implement inventory management strategies to optimize

inventory turnover, minimize stockouts, and reduce overstock/aging situations in all the retails stores.

• Conduct accurate demand forecasting by analyzing historical sales data, market trends,

and customer behavior.

• Develop and implement inventory optimization strategies, including setting safety stock

levels and implementing just-in-time practices.

• Coordinate with vendors or suppliers to procure or replenish jewelry products based on

demand forecasts.

• Manage purchase orders, delivery schedules, and vendor relationships to ensure timely

replenishment of inventory.

• Analyze inventory data, sales reports, and key metrics to assess product performance and

identify areas for improvement.

• Utilize inventory management software or ERP systems to track inventory, generate reports, and maintain accurate records.
• Assess and mitigate inventory-related risks, such as obsolescence, excess inventory, and

supply chain disruptions.

Candidate Profile:

• Bachelor's degree in Business Administration, Supply Chain Management, or a related

field.

• 2-4 years of experience in inventory planning, demand forecasting, or supply chain

management. Jewelry industry is preferable.

• Proficiency in using inventory management software or ERP systems, Microsoft Excel

and other data analysis tools.

• Strong data analytics and problem-solving skills
• Excellent communication and collaboration skills
• Strong organizational and time management skills to prioritize tasks and meet deadlines.