
Inventory Head
2 weeks ago
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.
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