Mosaic Wellness
1 week 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. (ref:iimjobs.com)