About This Role
Directing all inventory control operations is the core of this role, ensuring accuracy, efficiency, and cost-effectiveness across the warehouse. The Inventory Manager leads inventory staff, implements best practices, and drives continuous improvement in inventory management processes to support business objectives and customer satisfaction.
Responsibilities
- Oversee and maintain accurate inventory records for all cosmetic products, including quantities, locations, and status
- Develop, implement, and enforce inventory control procedures to optimize stock levels and minimize costs
- Monitor inventory performance metrics such as turnover rates, carrying costs, and shrinkage
- Supervise, train, and mentor inventory staff to ensure high performance and adherence to company standards
- Assign tasks, monitor productivity, and conduct performance evaluations
- Foster a culture of accountability, accuracy, and continuous improvement
- Ensure all incoming shipments are properly received, inspected, and documented
- Collaborate with procurement and vendors to resolve discrepancies in a timely manner
- Establish and maintain receiving protocols to ensure efficiency and accuracy
- Partner with warehouse and order processing teams to ensure accurate and timely order fulfillment
- Monitor inventory availability and coordinate replenishment to meet customer demand
- Address and resolve fulfillment issues related to inventory shortages or discrepancies
- Implement and enforce proper stock rotation procedures (FIFO/FEFO)
- Monitor shelf life and expiration dates of cosmetic products
- Develop strategies to reduce waste, spoilage, and obsolete inventory
- Analyze inventory data to identify trends, discrepancies, and opportunities for improvement
- Generate regular reports on inventory status, variances, and key performance indicators
- Develop and implement strategies for managing slow-moving and obsolete inventory
- Work closely with quality control teams to ensure compliance with product quality standards
- Oversee inventory-related quality checks and ensure proper handling of non-conforming goods
- Manage and optimize the use of inventory management systems and tools
- Identify opportunities for automation and process improvements
- Lead or support system upgrades, implementations, and enhancements
- Collaborate with procurement, sales, and operations teams to align inventory strategies with business needs
- Communicate inventory risks, opportunities, and status updates to leadership
Requirements
- High school diploma or equivalent required
