Company: Akoirah(by Augmont) Diamonds Pvt Ltd
Job Title: Inventory Head
Department: Operations
Location: Lower Parel, Mumbai
Job Type: Full-Time
Work Mode: Work from Office

About the Role:
We are looking for a strategic and detail-oriented Inventory Head to lead and optimize inventory management across our expanding retail and omnichannel network. This role will be responsible for driving inventory efficiency, ensuring stock accuracy, and aligning supply with demand to support business growth and customer satisfaction.

Key Responsibilities:
1. Inventory Strategy & Planning
Define and implement inventory policies across categories, store clusters, and ticket sizes
Design assortment architecture (core, current launches, festive collections)
Drive inventory turns, ageing control, and working capital efficiency.

2. Demand Forecasting & Replenishment
Develop store-wise and category-wise demand forecasting models
Manage replenishment cycles with defined min–max levels and safety stock
Plan allocations for new store launches, promotions, and seasonal demand spikes

3.



Purchase Planning & Vendor Coordination
Convert forecasts into purchase plans (Open-to-Buy) aligned with margin strategy
Coordinate with sourcing and manufacturing partners for timely deliveries
Ensure SKU standardization including naming, barcoding, and certification mapping

4. Inventory Control, Accuracy & Audits
Maintain high inventory accuracy across ERP, POS, and e-commerce systems
Implement audit mechanisms including cycle counts and physical audits
Drive shrinkage control through root-cause analysis and corrective actions

5. Inter-Store Transfers & Reverse Logistics
Optimize inter-store transfers to balance stock and reduce dead inventory
Manage returns (customer, franchise, repairs) with proper QC and documentation
Ensure accurate and transparent inventory movement records

6. QC & Certification Alignment
Ensure all inventory meets quality and certification standards before sale
Manage tagging, barco

📌 Inventory Head (Mumbai)
🏢 Akoirah by Augmont
📍 Mumbai