Inventory Management

4 weeks ago


Bikaner, India Biocon Biologics Full time

Job Description:

Inventory Valuation

  1. Independently handle the Inventory valuation
  2. ML Run and reconciliation inventory dump with financial (GL)
  3. Inventory valuation for BBL Entity and finalize the JV in system
  4. Non valued inventory movement tracking with previous month and quarter in category wise Quality, R&D, Expiry
  5. Closing Inventory details preparing and sharing to GL teams once Inventory finalized
  6. Inventory Provision working and movement analysis vs Previous Month and Quarter
  7. Inventory write off working and tracker
  8. Overhead movement working for Finished goods and Semi Finished goods
  9. Batch Failure Tracker monthly basis
  10. Goods-In-Transit – adjustments for Inventory Valuation
  11. Profit Elimination workings where applicable - Quarterly
  12. Slow Moving inventory Provision Working.


MIS Reporting:

  1. Product wise Grouping for each batch
  2. Consolidate backup working L1&L2&Mkt Inventory - Prepare the Backup MIS report for location, Product, Category and Market Wise
  3. Supply Chain Management Inventory and MIS Preparation
  4. Ensure all materials purchased for R&D with WBS codes cross charged to R&D
  5. Near by expiry risk details working monthly
  6. Escalate To Supply Chain Management team Finished and Semi Finished goods batches more than 90 days and collect the reason
  7. Inventory tracker for special categories of project materials
  8. Inventory tracker for materials at third party manufacturing locations
  9. Provision and write off quartely backup workings (Month on Month Analysis Report) and Operations performance tracker
  10. Sub contract related material details consolidation and sharing to Bicon Ltd team - Closing Inventory, Purchase and Consumption
  11. Project related material details consolidation and sharing to Project Management team
  12. Preparation of Board Deck Slides – Quarterly
  13. Demand Coverage working/Month on holding for product level
  14. Rolling Forecast working based on SCM Team Shared File OR SAP IBP Dumo (Required For Month On Holding Working)


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