Job Summary:
The Inventory Executive will be responsible for end-to-end inventory management across raw materials, packaging materials, finished goods, and Warehouse co-ordination. The role focuses on maintaining optimum stock levels, ensuring inventory accuracy, minimizing stock-outs and excess inventory, and coordinating with internal teams and vendors for smooth business operations.
Key Responsibilities:
- Manage end-to-end inventory operations for Raw Materials (RM), Packaging Materials (PM), Finished Goods (FG), and other consumables.
- Monitor stock levels and maintain optimum inventory to support production and business requirements.
- Track inventory movement, receipts, issues, transfers, returns, and adjustments on a daily basis.
- Ensure accurate inventory records are maintained in systems and physical stock registers.
- Conduct regular stock audits, cycle counts, and physical verification of inventory.
- Investigate and resolve inventory discrepancies, variances, and stock-related issues.
- Coordinate with Production, NPD, Planning, Procurement, Warehouse, and Sales teams to ensure uninterrupted material availability.
- Generate inventory reports, stock ageing reports, consumption reports, and MIS reports for management review.
- Monitor slow-moving, non-moving, and obsolete inventory and recommend corrective actions.
- Maintain minimum, maximum, and reorder stock levels to prevent stock shortages and excess inventory.
- Ensure timely inward and outward movement of inventory and proper documentation.
- Track batch-wise inventory and ensure compliance with quality and traceability requirements.
- Coordinate with suppliers and logistics teams to ensure timely material availability.
- Maintain inventory master data, item codes, BOM-related inventory information, and stock records.
- Support production planning by ensuring the availability of required materials.
- Ensure proper storage, handling, and preservation of inventory as per company standards.
- Monitor inventory costs and identify opportunities for inventory optimization and cost savings.
- Prepare inventory forecasts based on consumption patterns, sales projections, and production plans.
- Ensure compliance with company policies, inventory control procedures, and audit requirements.
- Develop and implement inventory management best practices to improve operational efficiency.
Pay: ₹20,077.92 - ₹45,000.00 per month
Benefits:
- Cell phone reimbursement
- Flexible schedule
- Food provided
- Health insurance
- Paid sick time
- Provident Fund
Application Question(s):
- Current CTC
- Expected CTC
- Notice Period
Experience:
- Inventory control: 1 year (Required)
- Stock Managment: 1 year (Preferred)
Work Location: In person
