- Analyze sales trends and forecasts to optimize inventory levels.
- Manage stock levels to prevent overstocking or stockouts.
- Collaborate with suppliers to ensure timely deliveries and accurate orders.
- Create and maintain inventory reports and dashboards.
- Implement inventory control strategies to reduce carrying costs.
- Monitor product lifecycles and recommend clearance or restocking.
- Coordinate with various departments to ensure seamless inventory flow.
- Identify slow-moving or obsolete items and propose action plans.
- Implement demand forecasting techniques for better inventory management.
- Continuously improve inventory processes and systems.