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 Evaluate suppliers’ offers and negotiate profitable deals Coordinate regular inventory audits Liaise with warehouse staff and other internal teams to test products’ quality (status upon delivery and storage conditions) Keep updated inventory records (including daily shipments) Ensure purchases do not exceed budget
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