- Develop and implement effective strategies to maintain optimal inventory levels.
- Place and manage all purchase orders (POs) daily to ensure accurate entry, proofing, and maintenance.
- Provide regular updates to fulfillment partners on inventory status, potential risks, and new opportunities.
- Implement best practices and innovative solutions to ensure the purchasing process is efficient and scalable.
- Utilize data analysis and forecasting techniques to identify trends and make informed decisions on optimal reorder points.
- Monitor inventory levels daily and make timely adjustments to meet changing conditions.
- Analyze and report on inventory performance, identifying areas for improvement and implementing cost-saving solutions.
- Partner with fulfillment partners to request regular audits to maintain inventory accuracy and identify potential discrepancies.
- Participate in cross-functional projects and initiatives to improve overall business performance and troubleshoot issues.