Inventory Manager (eCommerce)

An Inventory Manager in eCommerce is a key professional responsible for overseeing and managing the inventory levels of an online retail business. 

This role ensures that the balance between too much and too little stock is maintained, directly impacting customer satisfaction and business profitability. 

The inventory manager must deeply understand supply chain management, eCommerce platforms, and consumer demand trends to manage inventory effectively in a rapidly evolving digital marketplace.

The Inventory Manager's duties encompass tracking and forecasting inventory needs, managing stock levels across multiple sales channels and warehouses, and coordinating with suppliers for timely restocking. They leverage data analytics to predict customer buying behavior and seasonal trends, oversee inventory audits, and ensure the inventory system accurately reflects current stock levels. 

Additionally, they collaborate with the Sales and Marketing teams to optimize inventory turnover rates. They also manage the financial aspects of inventory, including budgeting and cost analysis, to improve the company's overall operational efficiency.

We are looking for an eCommerce Inventory Manager who will oversee the intricate web of product inventory in our eCommerce realm.

If you’re highly skilled in maintaining the perfect balance of products in the digital marketplace and a master of digital stock control, this opportunity is for you!

Maximize your meticulous planning and inventory management skills to ensure that our digital shelves are always stocked with the right products at the right time. You'll collaborate with suppliers, logistics teams, and demand forecast planners to optimize inventory levels, reduce carrying costs, and prevent stockouts or overstock situations.

• Manage and maintain the company's product inventory, including receiving, warehousing, and distribution operations.
• Develop and maintain inventory management policies and procedures that cater to eCommerce's specific needs and challenges.
• Implement strategies to maximize inventory turnover and profitability, focusing on the unique demands of an eCommerce marketplace.
• Coordinate and manage physical cycle counts and inventory audits.
• Identify and handle the discrepancies in inventory records.
• Interact with suppliers, manufacturers, and internal teams to fulfill operational requirements.
• Develop reports on inventory operations, stock levels, and adjustments.
• Evaluate new inventory to ensure it’s ready for shipment.
• Sort, organize, and store inventory in the proper country and distribution channel.
• Drive continuous improvement initiatives to enhance inventory management processes, focusing on efficiency and responsiveness in an eCommerce setting.
• Actively engage in decision-making processes related to inventory optimization, considering the fast-paced and often unpredictable nature of eCommerce.
• Collaborate with cross-functional teams to align inventory strategies with overall business objectives.
• Stay updated on industry trends and best practices in inventory management, focusing on innovations and developments in the eCommerce sector.

• 100% record accuracy of inventory.
• 10% increase in inventory turns.
• Meet or exceed KPIs related to out-of-stock items.
• Reduced storage cost by 15%.
• Significant improvement in order fulfillment rates.
• 10% increase in productivity levels.
• Reduce inventory discrepancies by 20%.
• Improve forecast accuracy by 15%.
• Increase supply chain efficiency by 10%.

• Bachelor's degree in Business, Logistics, Supply Chain, or a related field.
• 3-5 years of experience in inventory management, logistics, warehouse, or a related field. Experience in eCommerce is a plus.
• Proficient in database management and front-end software.
• Excellent knowledge of data analysis and forecasting techniques.
• Working knowledge of inventory management software (e.g., ERP).
• Excellent oral and written communication skills.
• Meticulous attention to detail and accuracy in work products.
• Flexibility to adapt in a constantly evolving marketplace.
• Ability to coordinate and organize meetings and/or special events.