Job Requisition ID: 158963

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 organization 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

To manage the Physical Inventory Department of the IKEA store and support the Logistics Coordinator. Ensure all items in the store are counted in a systematic & planned manner thereby providing better stock availability for the business and also ensuring better data integrity.

What you will do

Operational

• To be responsible for planning and coordinating annual and perpetual inventories stock count for the Store.
• Analyze deviation and discrepancies ascertaining a tolerance level for shrinkage.
• Designates the task of updating stock files to Inventory Assistant.
• To review and update the PI SOPs, as well as maintaining consistent stock balances by adhering to strict physical inventory control procedures.
• To act as an interface between the inventory and the goods receiving department thereby monitoring and analyzing the errors arising from the different areas.
• To monitor and maintain KPI\'s pertaining to the PI process in order to maintain a track of the areas which directly affect the performance of the Physical Inventory team as well as have an adverse impact the overall objective of the Team.

Commercial

• To work together with Logistics, Sales, and Communication and Interior Design teams in order to ensure the manual errors binning/posting errors are reduced and the disciplines in the SOPs are followed while transferring stocks to display and selling the same from display.
• Financial
• To be responsible for periodically meetings with the AF Group audit team & External audit team for the assessment and validation of the inventory process of IKEA which includes the existing procedures, business application, documentation and final approvals of stock shrinkages after stock take.
• To be responsible for the execution of the physical inventory of the store including the Self Serve, Full Serve, Market Hall and Display counts and for overseeing the Recovery counts. After all investigations are completed the job holder is responsible for analysing the Stock loss figure and present to the Logistics Manager and the Store Manager as well as members of the Store Management team. This figure has to be conveyed to Finance who will present it to the Auditors.

People Management & Development

• Ascertain adequate training and development initiatives to secure quality performance and succession needs.

Required skills to be successful

• Advanced Computer skills (MS Office packages) and operating systems (Navision)
• Excellent written and verbal English
• Focus on continuous improvement of existing operations

What equips you for the role

• 2 - 4 years goods flow and supply chain management experience
• Inventory Management
• Knowledge of retail operations

About Al-Futtaim Retail

Al-Futtaim Retail has established itself as one of the leaders in Retail across the Middle East, Africa & Asia over the past 30 years. We have developed partnerships with some of the biggest and most respected Brands in the world including IKEA, ACE and Toys R Us in the Middle East and the Inditex Group of Brands (Zara, Mango, Bershka and P&B) across Asia. We are also one of the largest Global partners of Marks and Spencer\'s in both regions with over 75 stores offering both fashion & food options.

Most recently we have been responsible for bringing brands to the Middle East for the first time with the exciting launches of Watsons and B&Q and we aim to continue to be agile and adaptive to our markets with new launches and further development. For this to be possible we aim to recruit the best talent from all backgrounds who will continue to challenge and develop our diverse workforce which includes over 100 nationalities across 12 countries. Join us today and make a difference\xe2\x80\xa6

Al-Futtaim