Inventory Executive

3 weeks ago


Delhi Delhi, India Advanced Telemedia Private Limited Full time

**Key Responsibilities**:

- **Inventory Oversight**: Manage and monitor inventory levels across multiple locations, ensuring adequate stock levels to meet demand while minimizing excess inventory.
- **Inventory Tracking**: Implement and maintain inventory tracking systems to accurately record inventory transactions, including receipts, adjustments, transfers, and withdrawals.
- **Forecasting and Planning**: Collaborate with sales, production, and procurement teams to forecast demand, plan inventory levels, and anticipate inventory needs based on sales trends, seasonality, and market changes.
- **Inventory Optimization**: Develop and implement strategies to optimize inventory levels, reduce carrying costs, and improve inventory turnover rates.
- **Supplier Management**: Liaise with suppliers to coordinate timely deliveries, resolve discrepancies, and ensure the availability of materials and products to meet production schedules.
- **Quality Control**: Implement quality control measures to ensure the accuracy and integrity of inventory data, including regular cycle counts, audits, and reconciliation processes.
- **Process Improvement**: Identify opportunities for process improvement and efficiency gains within the inventory management system, recommending and implementing solutions to enhance workflow and productivity.
- **Reporting and Analysis**: Generate regular reports on inventory levels, stock movements, and key performance indicators (KPIs), providing insights and recommendations to management for decision-making.
- **Team Collaboration**: Work closely with cross-functional teams, including logistics, warehousing, purchasing, and finance, to coordinate inventory activities and resolve operational issues.
- **Compliance**: Ensure compliance with company policies, procedures, and regulatory requirements related to inventory management, including safety standards, inventory valuation methods, and record-keeping practices.

**Qualifications**:

- Bachelor's degree in business administration, supply chain management, logistics, or a related field.
- Proven experience in inventory management, preferably in a manufacturing, retail, or distribution environment.
- Strong analytical skills and proficiency in inventory management software/systems.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
- Detail-oriented with a focus on accuracy and data integrity.
- Ability to multitask, prioritize workload, and meet deadlines in a fast-paced environment.
- Knowledge of inventory control best practices, forecasting techniques, and supply chain principles.
- Familiarity with ERP (Enterprise Resource Planning) systems and proficiency in Microsoft Excel.

**Salary**: Up to ₹20,000.00 per month

**Benefits**:

- Health insurance
- Life insurance

Schedule:

- Day shift

Supplemental pay types:

- Yearly bonus

**Experience**:

- total work: 1 year (preferred)

Work Location: In person

**Speak with the employer**

+91 9310820905


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