Inventory Optimization Manager

1 month ago


Hyderabad, Telangana, India KS BAKERS PRIVATE LIMITED Full time
Job Title: Inventory Optimization Manager

We are seeking an experienced and detail-oriented Inventory Optimization Manager to join our team at KS BAKERS PRIVATE LIMITED. As a key member of our manufacturing operations, you will be responsible for the day-to-day management of inventory, ensuring accurate record-keeping, optimizing stock levels, and facilitating smooth material flow for production.

This is a fantastic opportunity for a motivated professional with a strong understanding of inventory control, excellent organizational skills, and the ability to work collaboratively in a fast-paced manufacturing environment.

Key Responsibilities:
  • Inventory Management:
    • Maintain accurate and up-to-date inventory records using designated inventory management systems.
    • Monitor stock levels and initiate replenishment orders to avoid stock outs.
    • Implement and enforce inventory control procedures to minimize discrepancies.
  • Order Processing:
    • Process purchase orders and coordinate with suppliers to ensure timely delivery of materials.
    • Collaborate with the procurement team to optimize order quantities and lead times.
  • Stock Analysis:
    • Conduct regular stock analyses to identify slow-moving items, excess inventory, and potential shortages.
    • Implement strategies to reduce excess inventory and minimize holding costs.
  • Data Reporting:
    • Generate reports on inventory levels, turnover rates, and other key performance indicators.
    • Analyse data to provide insights and recommendations for continuous improvement.
  • Collaboration:
    • Work closely with production teams to understand material requirements and ensure timely availability.
    • Collaborate with cross-functional teams, including logistics and quality control, to streamline processes.
  • Space Optimization:
    • Optimize warehouse space to ensure efficient storage and retrieval of inventory items.
  • Documentation:
    • Maintain accurate documentation related to inventory transactions, including receipts, issues, and returns.
Requirements and Qualifications:

A successful candidate should possess a Bachelor's degree in Business, Supply Chain Management, or a related field. They should also have proven experience as an Inventory Executive or similar role in a manufacturing setting. Strong proficiency in using inventory management software and Microsoft Excel is essential, along with excellent communication and interpersonal skills.

Benefits:

The ideal candidate will enjoy a competitive salary range of ₹450,000 - ₹600,000 per annum, depending on experience. This includes a comprehensive benefits package, including medical insurance, retirement planning, and opportunities for professional growth and development.



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