Live opening · Posted 6 days ago
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Role Summary
To ensure goods are distributed as per minimum inventory levels and forecast consumption to all locations at SKU level and ensure OTIF and Inventory targets are met
Roles And Responsibility
Devise ways to optimize inventory control procedures
Ensure product stock is adequate for all distribution channels and can cover direct demand from customers
Record daily deliveries and shipments to reconcile inventory
Use software to monitor demand and document characteristics of inventory
Place orders to replenish stock avoiding insufficiencies or excessive surplus
Analyze data to anticipate future needs
Evaluate suppliers to achieve cost-effective deals and maintain trust relationships
Collaborate with warehouse employees and other staff to ensure business goals are met
Report to upper management on stock levels, issues etc.
Design methods to avoid the occurrence of products getting into Nonmoving Category by having frequent meetings with required stakeholders.
For non and slow-moving inventory coordinate with all stake holders and find ways to liquidate it.
Should do all sort of analysis related to inventory management- SLOB analysis, Inventory norm governance (Cyclic stock, safety stock etc.)
Role Specific Competencies
5 - 9 Yrs of Exp in Manufacturing Setup.
Bachelor's degree with Engineering or Postgraduate in Management studies (preferably from NITIE, IIM, SP Jain) tier 1 institutes.
Good understanding of S&OP processes, statistics, supply chain business drivers, Inventory management, production operations and processes and ERP systems
Manage team in terms of goal setting, delivery, performance, development, and engagement
Order fill rate
Track signals
Inventory vs budget
Distribution plan adherence
Freight cost per kg vs budget to minimize non planned movements
Work arrangement
No
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