Inventory Head

2 weeks ago


Bhiwandi, Maharashtra, India Mosaic Wellness Full time

Job Summary:

- The Inventory Head is responsible for overseeing all aspects of inventory control and warehouse management across multiple locations, including Mother Warehouse and 3PLs.

- This role ensures stock accuracy, operational efficiency, compliance, and cost-effectiveness while leading a large team and working closely with cross-functional departments.

Key Responsibilities :

Inventory Tracking:

- Monitor inventory levels daily across all product categories using inventory management systems.

- Identify and take action on stock issues such as shortages, near expiry, damages, non-moving SKUs, and excess inventory.

Warehouse Management:

- Supervise day-to-day warehouse operations including receiving, storage, order picking, and dispatching.

- Ensure adherence to defined TAT (Turnaround Time) standards for B2B and B2C orders.

Physical Inventory Audits:

- Conduct regular and surprise stock audits at the Mother Warehouse and 3PL locations.

- Reconcile physical counts with system records and resolve discrepancies promptly.

Cost Optimization:

- Analyze inventory movement data to identify cost-saving opportunities.

- Manage and validate monthly billing data related to warehousing, storage, and handling.

Data Analysis and Reporting:

- Generate and interpret reports on GRN TAT, stock accuracy, replenishment performance, and non-moving inventory.

- Share insights with relevant stakeholders to support business decisions.

Packaging Management:

- Plan and place Purchase Orders (POs) for packaging materials.

- Ensure timely replenishment of packaging stocks across all warehouses.

Compliance:

- Enforce compliance with quality control, inventory policies, and regulatory standards related to product handling, storage, and traceability.

Required Skills & Competencies:

- Inventory Management Systems: Proficient in tools like WMS, Uni commerce or other ERP/WMS platforms.

- Data Analysis: Strong analytical skills to interpret inventory trends and resolve stock discrepancies.

- Supply Chain Knowledge: Deep understanding of end-to-end FMCG supply chain functions and space utilization, FSN, ABC analysis.

- Leadership & Team Management: Proven ability to manage and mentor warehouse teams of 40-50 staff members.

- Problem-Solving: Proactive in resolving inventory-related issues, including financial and PO discrepancies.

- Communication: Clear communicator with the ability to coordinate effectively with cross-functional departments (procurement, finance, business operations, and 3PL partners).

Key Metrics (KPIs):

- Inventory Accuracy %.

- GRN and Order Fulfillment TAT.

- Stock Ageing and Expiry Control.

- Packaging Material Availability.

- Audit Variance and Reconciliation Time.

- Cycle count.

Requirements:.

- Any Bachelor's degree or related field (BE/B. Tech Preferred preferred).

- Proven experience in inventory management within an FMCG.

- Proficiency in inventory management systems (ERP, WMS, Unicommerce).

- Strong analytical, problem-solving, and decision-making skills.

- Excellent communication and leadership abilities.

- Familiarity with lean inventory practices and Just-in-Time (JIT) methodology is a plus.

(ref:iimjobs.com)
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