Manager / Assistant Manager – Shrinkage Control Lulu center - Sole Proprietorship LLC
Employer Active
Posted on 14 Mar
Send me Jobs like this
Experience
5 - 10 Years
Job Location
Education
MBA/PG Diploma in Business Mgmt
Nationality
Indian
Gender
Any
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
The Manager / Assistant Manager – Shrinkage Control is responsible for monitoring, controlling, and minimizing stock losses across hypermarkets and stores within the assigned region. The role focuses on inventory accuracy, shrinkage analysis, loss prevention initiatives, and ensuring compliance with inventory control procedures to safeguard company assets.
Key Responsibilities
Inventory Monitoring & Control
Monitor stock movement and inventory levels to identify potential shrinkage risks.
Conduct cycle counts and support periodic physical inventory audits across stores.
Investigate stock discrepancies and identify root causes of inventory variances.
Maintain accurate records of inventory adjustments and stock corrections.
Loss Prevention & Compliance
Identify and report incidents of theft, damage, expiry, or operational losses.
Ensure compliance with company policies related to stock handling and inventory control.
Support implementation of shrinkage reduction initiatives and loss prevention strategies.
Receiving & Stock Management
Support receiving teams in verifying supplier deliveries, documentation, and GRN accuracy.
Ensure adherence to stock rotation principles such as FIFO and proper storage standards.
Coordinate with warehouse and store teams to maintain stock accuracy.
Analysis & Reporting
Analyze shrinkage trends at regional and store levels using inventory data.
Conduct root cause analysis for major stock variances and recommend corrective actions.
Prepare periodic reports on shrinkage levels, stock discrepancies, and improvement plans.
Stakeholder Coordination
Act as a liaison between regional management and store operations regarding shrinkage control.
Work closely with store managers, inventory teams, and operations staff to strengthen stock control practices.
Provide guidance and training to store teams on best practices in inventory management and loss prevention.
Desired Candidate Profile
Master’s degree in business administration, Retail Management, Supply Chain Management, or a related field.
Experience
Minimum 5 years of experience in inventory control, stock management, retail operations, or loss prevention, preferably in hypermarket or supermarket environments.
Key Skills & Competencies
Strong knowledge of inventory management systems and stock control procedures
Analytical skills with the ability to interpret inventory data and identify trends
Strong problem-solving and root cause analysis skills
High level of accuracy and attention to detail
Effective communication and coordination skills
Knowledge of retail loss prevention practices
Ability to work closely with store operations teams and regional stakeholders
Employment Type
- Full Time
Company Industry
Department / Functional Area
Keywords
- Inventory Control
- Stock Management
- Retail Operations
- Loss Prevention
- Stock Reconciliation
- Shrinkage Analysis
- Inventory Variance Analysis
- Stock Rotation FIFO
- Stock Movement Monitoring
Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at abuse@naukrigulf.com
Lulu center - Sole Proprietorship LLC
LULU GROUP INTERNATIONAL (LuLu Group) is a highly diversified conglomerate with successful business entities in strategic locations worldwide. Founded by the acclaimed business visionary Yusuff Ali M.A, LuLu Group has become a key contributor in the Gulf region’s economic standing with an annual turnover worth USD 8 billion. Headquartered in Abu Dhabi, the capital of the United Arab Emirates, it is a world-renowned purveyor of an international business portfolio that ranges from hypermarket operations to shopping mall development, manufacturing and trading of goods, hospitality assets, and real estate. LuLu Group mainly operates in 22 countries located across the Middle East, Asia, US, and Europe. LuLu Group International, a true follower of ethical business practices: Spearheaded by Chairman and Managing Director Yusuff Ali M.A A major player in the economic scenario of the Middle East with an annual turnover of USD 8 billion and staff force of more than 57,000 Worldwide operations cover business divisions in retail segment for the popular hypermarket brand, shopping mall destinations, food processing plants, wholesale distribution, hospitality properties, and real estate development Retail stores present in the UAE, India, Saudi Arabia, Bahrain, Kuwait, Oman, Egypt, Malaysia, and Indonesia; with distribution companies located in India, US, Europe, Middle East countries, and the Philippines and more trading offices expected to rise in Turkey, and Vietnam
Read MoreShesveer
Y TOWER, MUROOR ROAD, AL NAHYAN CAMP, ABU DHABI, Abu Dhabi, United Arab Emirates, 4048 Gurugram, Gurugram, Haryana, Abu Dhabi, United Arab Emirates (UAE)
Similar Jobs
Warehouse Manager
Danube Building Materials FZE
- 3 - 7 Years
- Dubai - United Arab Emirates (UAE)
Warehouse Manager
Al Madina Hypermarket LLC, Abu Dhabi
- 7 - 10 Years
- Abu Dhabi - United Arab Emirates (UAE)
Warehouse Manager
Confidential Company
- 2 - 8 Years
- Dubai - United Arab Emirates (UAE)
Warehouse Manager
Scorpios International L.L.C
- 4 - 8 Years
- Dubai - United Arab Emirates (UAE)
Assistant Operations Manager-Automotive Logistics
Confidential Company
- 4 - 8 Years
- Dubai , Abu Dhabi - United Arab Emirates (UAE)