Inventory Control Specialist
4 weeks ago
JOB Over view: As business operations evolve, the call for skilled individuals who can manage, organize, and control stock levels continues to rise.
Job Location: Bangalore
Travelling - Required
JOB Roles and Responsibilities:
- Periodically auditing inventory across divisions & preparing consolidated report for the delta.
- Reconciliation of Inventory for the delta found in audit across verticals.
- Creating SOPs for effective consumption and invoicing process across the stores.
- Monitoring & auditing the current SOPs and suggesting improvements if any.
- Will be a strong bridge between finance team and inventory divisions.
- Periodically reviewing inventory negatives and drafts in the inventory software.
- Presenting the Data matrix and deviation if any to the HOD periodically for ensuring inventory hygiene.
- Will be responsible for creating P&L for the division with the requisite margin and Sales pricing.
- Will be responsible for multiple stakeholders' communication.
- Computation of BOM & Unit cost for all manufactured products & trading products.
- Inventory management, their ageing & drive action for liquidation.
- Ensure 100% stock replenishment for best sellers and maintain compliance with zero billing errors.
- Maintain zero defective stock for specified categories and keep Global PI Shrinkage at or below 0.1%.
- Log utility readings, process bills timely, and audit planograms for process compliance.
Required Skills and Qualifications:
- CA with minimum 3-4 years of experience.
- Should have handled atleast a team size of 5+ members.
- Experience of working on inventory Software like SAP, Zoho etc is a must.
- Strong knowledge of inventory valuation and standard costing
- Should have handled atleast 5000+ SKUs.
- Inventory Management, Communication Skills, Operational Effectiveness, Analytical Skills, Coordination, Team work, Finance Management.
About the job
Key Responsibilities
Ensure 100% stock replenishment for best sellers and maintain compliance with zero billing errors.
Manage inventory postings twice a month and raise STOs as required and ensure to mitigate the compliance.
Maintain zero defective stock for specified categories and keep Global PI Shrinkage at or below 0.1%.
Track and resolve negative inventory issues.
Post petty cash expenses monthly and ensure daily EDC batch settlements.
Close control accounts, paper finance cases, and billing pendencies within defined TATs.
Achieve 100% of AOP sales plan and maintain EMI business CC/DC EMI at 30%.
Manage store operations, demonstrating leadership and entrepreneurial orientation.
Ensure proper inventory management, shrinkage control, and adherence to merchandising layouts.
Log utility readings, process bills timely, and audit planograms for process compliance.
Key Performance Indicators
Service Quality scores and VOC
Increase customer appreciations, Improve Store Profitability
Publish stock report - DC & store
EOL audit
Desired Skills and Experience
Inventory Management, Communication Skills, Operational Effectiveness, Analytical Skills, Coordination, Team work, Finance Management
CTC - UP to 12LPA
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