Inventory Manager Professional

6 days ago

Mumbai, Maharashtra, India beBeeInventory Full time ₹ 15,00,000 - ₹ 25,00,000

Job Summary

The Inventory Head role oversees all aspects of inventory control and warehouse management.

This position ensures stock accuracy, operational efficiency, compliance, and cost-effectiveness while leading a large team and working closely with cross-functional departments.

  • Key Responsibilities:
  • Inventory Management: 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 Operations: Supervise day-to-day warehouse activities 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 Materials: 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 Systems: Proficient in tools like WMS, Unicommerce 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 Performance Indicators (KPIs)

  • Inventory Accuracy %.
  • GRN and Order Fulfillment Turnaround Time.
  • Stock Ageing and Expiry Control.
  • Packaging Material Availability.
  • Audit Variance and Reconciliation Time.
  • Cycle Count.

Requirements

  • Bachelor's degree or related field (BE/B.Tech Preferred).
  • Proven experience in inventory management within an FMCG environment.
  • 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.

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