BigBasket - Inventory Manager

3 days ago

Bengaluru India bigbasket Full time

Job Description Key Responsibilities Inventory Monitoring & Control: - Oversee all incoming and outgoing stock across central and regional locations. - Maintain real-time tracking of stock levels, ensuring periodic stock audits for all business functions. - Ensure compliance with planograms, adjusting stock placement as per business requirements. - Conduct inventory audits, reconciliations, and MIS reporting for management review. - Monitor TO/TI reconciliations with strong control over Goods in Transit. - Ensure perpetual inventory tracking across all lines of business (LOBs). Operational Efficiency & Risk Management - Identify and mitigate risks related to inventory discrepancies, mismanagement, and transaction errors. - Drive reduction in damages, expiries, pilferage, and shrinkage levels across all business units. - Implement fraud assessments and compliance audits to ensure adherence to inventory control measures. - Conduct weekly and monthly stock checks to maintain inventory accuracy. - Ensure overall control and accountability for DC & Store inventories. Team Leadership & Process Optimization - Supervise and lead up to 100 staff members, conducting evaluations and training programs. - Interview and onboard new employees, ensuring skill development for inventory processes. - Conduct regular review meetings with regional inventory managers to audit and improve processes. - Mentor regional teams in receipting, restocking, documentation, and inventory management best practices. Reporting & Data-Driven Decision Making - Maintain accurate stock movement records and delivery reports in the database. - Prepare and present daily, weekly, and monthly reports for management and external stakeholders. - Develop and deliver presentations and insights to improve inventory control strategies. - Ensure location-wise asset ownership, including reconciliation and periodic verification. Stakeholder Coordination - Collaborate with SCM heads, Finance, and regional inventory teams to ensure seamless inventory processes. - Address inventory-related queries from finance, regional teams, and store managers regarding discrepancies. - Work with technology teams to improve system synchronization, tracking, and SKU classification. - Facilitate onboarding and training of new inventory managers to maintain process uniformity across regions Key Skills & Requirements - Proven experience in inventory management, auditing, and supply chain operations. - Strong analytical skills with a focus on process optimization and risk mitigation. - Experience in managing large teams and mentoring regional inventory staff. - Ability to drive compliance, fraud prevention, and stock control initiatives. - Proficiency in inventory tracking systems, ERP software, and data analysis tools. - Strong understanding of goods in transit, TO/TI reconciliation, and warehouse operations. - Excellent communication, leadership, and problem-solving skills. (ref:iimjobs.com)

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