Inventory Manager

Responsibilities

• Manage inventory levels for consumable and non-consumable goods onboard, including food and beverage supplies, cleaning and sanitation products, guest amenities, retail merchandise, and operational equipment.
• Develop and implement inventory control policies, procedures, and systems to ensure accurate tracking, monitoring, and replenishment of inventory items across multiple departments and storage locations.
• Conduct regular inventory audits and cycle counts to verify stock levels, identify discrepancies or variances, and reconcile inventory records with physical counts.
• Coordinate with onboard departments to forecast demand, plan procurement, and establish par levels and reorder points for inventory items based on consumption patterns, seasonality, and guest demographics.
• Liaise with external suppliers, vendors, and logistics partners to negotiate contracts, place orders, and coordinate deliveries of inventory items, ensuring timely and cost-effective procurement and replenishment.
• Analyze inventory data, usage trends, and consumption patterns to optimize inventory levels, reduce waste and shrinkage, and minimize stockouts and overstock situations.
• Monitor inventory turnover rates, aging inventory, and obsolete stock, and implement strategies to minimize excess inventory and maximize inventory turnover and liquidity.
• Ensure compliance with company policies, safety regulations, and industry standards for inventory management, storage, handling, and disposal of hazardous materials.

• Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or related field;
  Master's degree preferred.
• years of experience in inventory management, procurement, or supply chain operations, preferably in the hospitality, retail, or maritime industry.
• Strong analytical and problem-solving skills, with the ability to analyze data, identify trends, and develop actionable insights to improve inventory management processes.
• Proficiency in inventory management software, ERP systems, and Microsoft Excel for data analysis, reporting, and inventory control.
• Excellent organizational and time management skills, with the ability to prioritize tasks, meet deadlines, and adapt to changing priorities in a fast-paced environment.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with internal stakeholders, external vendors, and cross-functional teams.
• Knowledge of inventory control principles, inventory valuation methods, and inventory management best practices.
• Familiarity with regulatory requirements and industry standards for inventory management, including safety regulations, sanitation standards, and environmental guidelines.