Inventory Optimization Project Lead

Welcome to H&M, a global fashion brand known for its affordable and sustainable clothing. We are looking for a passionate and experienced Inventory Optimization Project Lead to join our team. As a leader in the fast-paced retail industry, we are constantly striving to improve our processes and ensure the best possible customer experience. If you are a driven individual with a strong background in inventory management, and are looking for a dynamic and challenging role, we encourage you to apply for this position. Keep reading to learn more about the role and the qualifications we are seeking.

1. Develop strategic plans and initiatives to optimize inventory levels across all H&M stores globally.
2. Collaborate with cross-functional teams to identify areas of improvement and implement solutions to increase efficiency and reduce costs.
3. Monitor inventory levels, sales data, and market trends to make informed decisions and adjustments to inventory management processes.
4. Conduct regular audits and analysis of inventory to ensure accuracy and identify any discrepancies or issues.
5. Work closely with suppliers and vendors to ensure timely delivery and availability of products.
6. Create and maintain reports, presentations, and other documentation related to inventory optimization projects.
7. Train and guide team members on inventory management processes and procedures.
8. Stay updated on industry best practices and trends in inventory management to continuously improve H&M's processes.
9. Proactively identify potential risks and develop contingency plans to mitigate any disruptions to inventory management.
10. Communicate regularly with upper management to provide updates on inventory optimization projects and present recommendations for improvement.
11. Lead and oversee the execution of inventory optimization projects, ensuring that timelines and budgets are adhered to.
12. Foster a culture of continuous improvement and innovation within the inventory management team.
13. Maintain strong relationships with internal and external stakeholders to drive successful inventory optimization initiatives.
14. Ensure compliance with company policies, procedures, and standards related to inventory management.
15. Uphold H&M's brand image and values while representing the company in all interactions.

According to JobzMall, the average salary range for a Inventory Optimization Project Lead in New York, NY, USA is $75,000-$110,000 per year. This range can vary depending on the specific company, industry, and level of experience of the individual.

Hennes & Mauritz AB is a Swedish multinational clothing-retail company known for its fast-fashion clothing for men, women, teenagers and children. As of November 2019, H&M operates in 74 countries with over 5,000 stores under the various company brands, with 126,000 full-time equivalent positions.