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