Manager / Assistant Manager – Shrinkage Control Lulu center - Sole Proprietorship LLC

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.