- Forecast supply and demand to prevent overstocking and running out-of-stock (OOS)
- Enter purchase details (vendors information, invoices and pricing) into internal databases
- Place orders to replenish merchandise as needed
- Track shipments and address any delays
- Oversee storage of products, particularly of fragile items
- Evaluate suppliers’ offers and negotiate profitable deals
- Coordinate regular inventory audits
- Keep updated inventory records
- Ensure purchases do not exceed budget