Stock Controller
3 weeks ago
The Stock Controller will be responsible for ensuring accurate stock counts across all store locations by sharing stock count lists, analyzing reports, coordinating stock adjustments, and preparing shrinkage reports. This role is critical for maintaining stock accuracy and minimizing losses. Key Responsibilities: 1. Stock Count Management: o Share stock count lists with stores as per the predefined stock count schedule: - BQC - Every Monday - Top 300 - Every Tuesday - Top 301 to 600 - Three times a month - Top 601 to 2000 - Monthly - No Sale Report - Every Monday - Empty Charges - Bi-monthly - Fruit & Veg - Every Thursday - Null Lot - Daily o Ensure timely receipt of stock count reports from stores. 2. Stock Analysis & Adjustments: o Analyze received stock count reports and identify variances. o Instruct stores to pass necessary stock adjustments in the system. o Monitor discrepancies and escalate unresolved issues. 3. Shrinkage Reporting: o Prepare monthly shrinkage reports. o Share reports with the reporting manager and relevant stakeholders. o Identify trends in stock loss and propose corrective actions. o Report immediately stores which go beyond acceptable shrinkage percentages set by company. 4. Process Improvement & Compliance: o Ensure stores follow correct stock-taking procedures. o Work closely with the inventory control team to improve stock accuracy. o Ensure compliance with company policies on stock management. 5. Coordination & Communication: o Act as a liaison between the back office and store teams for stock-related matters. o Provide insights to management on stock movement and trends. o Conduct training sessions for store teams if required. Key Performance Indicators (KPIs): 1. Timeliness & Accuracy of Stock Counts: o Ensure 100% stock count lists are shared on schedule. o Maintain 95% accuracy in stock count reports. 2. Stock Adjustment Efficiency: o Ensure stock discrepancies are analyzed and adjustments are instructed within 24 hours of receiving reports. o Track and follow up on 100% stock adjustments by stores. 3. Shrinkage Management: o Submit shrinkage reports on time each month. o Reduce shrinkage percentage through proactive monitoring and analysis. 4. Communication & Coordination: o Ensure timely follow-ups with store teams to improve compliance. o Achieve at least 90% response rate from stores within the required timeline. 5. Process Compliance: o Ensure 100% adherence to company stock management policies. o Conduct quarterly reviews to identify and implement process improvements.
Pay: ₹35,000.00 - ₹40,000.00 per month
Schedule:
- Day shift
Ability to commute/relocate:
- Worli, Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (preferred)
**Education**:
- Bachelor's (preferred)
**Experience**:
- Stock Contoller: 3 years (preferred)
Work Location: In person
Expected Start Date: 06/03/2025
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