Inventory Management Specialist

3 weeks ago

Pune, Maharashtra, India Hitachi Vantara Full time

Inventory Management Role

We're seeking an experienced Inventory Management Specialist to join our team at Hitachi Vantara. As an Inventory Management Specialist, you will be responsible for developing and implementing inventory management strategies to ensure optimal inventory levels.

Key Responsibilities

  • Develop and implement inventory management strategies to ensure optimal inventory levels.
  • Oversee the accurate recording of inventory transactions, including receipts, transfers, and distributions.
  • Review the inventory accounting and imports activities thoroughly, with a strong understanding of Flash Margin, Merchandise Operating Margin, and Gross Profit.

System Management

  • Implement and manage inventory management systems (ERP systems).
  • Train and support staff in using inventory management software.

Cost Control

  • Analyse inventory costs and develop strategies to minimize waste and reduce costs.
  • Work with the finance team to manage budget allocations for inventory.

Compliance and Safety

  • Ensure all inventory practices comply with company policies and industry regulations.
  • Implement and enforce safety standards in inventory management and warehouse operations.

Team Leadership

  • Lead and mentor the inventory management team.
  • Set performance goals and provide regular feedback to team members.
  • Monitor team performance against client SLA's and objectives, providing guidance where necessary to close any gaps and agreeing mediation plans to resolve delivery issues.

Requirements

  • Ability to work in complex and challenging client environments (diversified org structure, ERPs, business processes).
  • Strong cross-functional expertise, multi-year transformation roadmap required to be executed in Inventory Accounting.
  • Excellent knowledge of Inventory control procedures and processing of Claims, Redemptions, Price Protection, Rebates relating to vendor funding.
  • An experienced professional coupled with strong domain expertise, excellent client relationship will help us achieve desired business benefits (Deliver contractual productivity through projects, address change management for operational stability).
  • Ability to adapt processes to best meet the needs of Clients and mitigate potential sourcing risks.

Qualifications

  • Accounting qualification - CMA preferred.
  • Demonstrate thorough knowledge of accounting principles, systems, and procedures.

About Us

We're a global team of innovators, harnessing engineering excellence and passion for insight to co-create meaningful solutions to complex challenges. We turn organizations into data-driven leaders that can make a positive impact on their industries and society. If you believe that innovation can inspire the future, this is the place to fulfill your purpose and achieve your potential.

Championing Diversity, Equity, and Inclusion

Diversity, equity, and inclusion (DEI) are integral to our culture and identity. Diverse thinking, a commitment to allyship, and a culture of empowerment help us achieve powerful results. We want you to be you, with all the ideas, lived experience, and fresh perspective that brings. We support your uniqueness and encourage people from all backgrounds to apply and realize their full potential as part of our team.

How We Look After You

We help take care of your today and tomorrow with industry-leading benefits, support, and services that look after your holistic health and wellbeing. We're also champions of life balance and offer flexible arrangements that work for you (role and location dependent). We're always looking for new ways of working that bring out our best, which leads to unexpected ideas. So here, you'll experience a sense of belonging, and discover autonomy, freedom, and ownership as you work alongside talented people you enjoy sharing knowledge with.

We're proud to say we're an equal opportunity employer and welcome all applicants for employment without attention to race, colour, religion, sex, sexual orientation, gender identity, national origin, veteran, age, disability status or any other protected characteristic. Should you need reasonable accommodations during the recruitment process, please let us know so that we can do our best to set you up for success.

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