Inventory Executive

4 days ago


Noida Sector Noida Uttar Pradesh, India Oxygen Magnesium Private Limited Full time

**Inventory Executive - The Formularx**

**Full Job Description**:
Job type: Full-time

Role Title: Inventory Executive

Location: Noida, NCR

Salary - As per Company norms

Working Mode: Onsite

**Job Summary**:
**Responsibilities**:

- **Inventory Planning & Forecasting**: Plan and forecast inventory requirements for finished goods and raw materials based on sales trends and production schedules.
- **SKU Management**: Monitor inventory across SKUs, ensure accurate stock levels and timely replenishment to avoid stockouts or overstocking.
- **Raw Material Tracking**: Check availability of raw materials as per formulation requirements; ensure quantities align with production batches.
- **Stock Verification & Quantity Checks**: Conduct regular physical stock checks and reconcile with system records to ensure accuracy and identify variances.
- **Warehouse Coordination**: Coordinate with warehouse and production teams for timely dispatches, receipts, and storage of products and raw materials.
- **Inventory Record Maintenance**: Maintain updated inventory records in the system including inward, outward, damaged, and returned goods.
- **Vendor Coordination**: Liaise with vendors for raw material lead times, delivery schedules, and shortages.
- **Reporting**: Prepare and share daily/weekly/monthly inventory reports with Manager.

**Qualifications & Skills**:

- Bachelor's degree in Supply Chain, Business, or a related field.
- 1-3 years of experience in inventory or warehouse management, preferably in the cosmetic, personal care or FMCG sector.
- Strong understanding of inventory control systems and stock auditing.
- Proficiency in MS Excel and inventory software.
- Excellent organizational and analytical skills.
- Ability to work independently and coordinate across teams.

**Education**:

- Bachelor's (preferred)

Pay: ₹20,000.00 - ₹35,000.00 per month

Schedule:

- Day shift

Application Question(s):

- What is your current Salary?
- What is your Expected CTC?
- What is your Notice Period?

**Experience**:

- Inventory management: 1 year (preferred)

Work Location: In person



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