Commercial Material Officer

1 week ago


Dhanbad, Jharkhand, India Reliance Retail Full time

Job Purpose: Effective Management of Commercial & Material Activities for Seamless Store Operations.

As a Commercial Material Officer, you will be responsible for managing all transactions related to inventory and cash management, ensuring seamless store operations.

Key Responsibilities:

  • 100% stock replenishment for best sellers in Accessories with zero billing errors.
  • Manage consumable postings twice a month and raise STOs as required.
  • Achieve SIT compliance with no delays over 5 days and maintain MBLB under 0.50 Lacs for over 21 days.
  • Maintain zero defective stock for specified categories and keep Global PI Shrinkage at or below 0.1%.
  • Ensure 100% compliance with Auto PI and SLOC corrections.
  • Track and resolve negative inventory issues.
  • Post petty cash expenses monthly and ensure daily EDC batch settlements.
  • Closely monitor control accounts, paper finance cases, and billing pendencies within defined TATs.
  • Achieve 100% of AOP sales plan and maintain EMI business CC/DC EMI at 30%.
  • Manage store operations, demonstrating leadership and entrepreneurial orientation.
  • Ensure proper inventory management, shrinkage control, and adherence to merchandising layouts.
  • Log utility readings, process bills timely, and audit planograms for process compliance.

Key Performance Indicators:

  • Service Quality scores and VOC
  • Customer appreciations, Store Profitability
  • Defective Management - DOA/DAP, Sloc hygiene
  • Stock report - DC & store, EOL audit


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