
Inventory Manager
4 weeks ago
Job Title: Inventory Manager.
Location: Bengaluru (Bommanahalli).
Experience: 4+ years.
Position Summary.
- We are seeking an organized and detail-oriented Inventory Manager to oversee all aspects of inventory management.
- The role will focus on optimizing stock levels, reducing waste, ensuring inventory quality, managing vendor relationships, and preventing theft and leakages.
Key Responsibilities.
Inventory Control & Stock Management.
- Ensure accurate tracking and control of stock levels, conducting regular audits and reconciliations to maintain inventory integrity.
- Implement efficient systems for stock handling and storage.
- Waste Reduction & Loss Prevention.
- Monitor inventory for signs of waste, implementing measures to minimize losses.
- Work on reducing spoilage, expired stock, and other waste-related issues.
- Proactively prevent and address leakages and thefts.
- Vendor Relationship & Supply Chain Coordination.
- Manage vendor partnerships to ensure the timely delivery of products at competitive pricing.
- Negotiate contracts, monitor vendor performance, and resolve any supply chain disruptions.
- Quality Assurance & Product Substitution.
- Regularly assess the quality of incoming and stored stock to ensure it meets required standards.
- Research and recommend substitute products when necessary to prevent stockouts.
- Stock Availability & Demand Planning.
- Maintain adequate stock levels to meet business demands, ensuring the availability of products while avoiding overstocking.
- Monitor trends and make recommendations for future stock needs based on sales data.
Qualifications:
- Proven experience in inventory management or a related field.
- Strong organizational and analytical skills.
- Ability to negotiate with vendors and suppliers.
- Knowledge of inventory management software and tools.
- Attention to detail and ability to spot discrepancies and inefficiencies.
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