Inventory Executive

3 days ago

Mumbai Maharashtra, India Open Secret Full time

**Job Summary**:
The Inventory Executive is responsible for managing and maintaining the company’s inventory levels to ensure smooth operations. This role involves monitoring stock levels, managing warehouse operations, conducting regular audits, and ensuring accurate inventory records. The Inventory Executive will work closely with procurement, production, and sales teams to forecast inventory needs and manage stock effectively.

**Key Responsibilities**:

- **Inventory Management**:

- Maintain and update inventory records regularly.
- Monitor stock levels and ensure that inventory is kept at optimal levels.
- Track inventory flow and resolve any discrepancies.
- Implement inventory control procedures and best practices.
- **Stock Audits and Reporting**:

- Conduct regular physical inventory audits and cycle counts.
- Prepare and present inventory reports to management.
- Analyze inventory data to identify trends, discrepancies, and areas for improvement.
- **Procurement Coordination**:

- Collaborate with the procurement team to manage purchase orders.
- Ensure timely and accurate receipt of materials.
- Coordinate with suppliers and vendors to maintain adequate stock levels.
- **Warehouse Operations**:

- Oversee daily warehouse operations including receiving, storing, and dispatching goods.
- Ensure that the warehouse is organized and that products are stored efficiently.
- Implement and maintain safety standards within the warehouse.
- **Inventory Forecasting**:

- Work with sales and production teams to forecast future inventory needs.
- Develop and implement strategies to manage seasonal fluctuations in inventory.
- Monitor market trends and adjust inventory levels accordingly.
- **Experience**:

- Minimum of 2-3 years of experience in inventory management, warehouse management, or a related field.

Pay: ₹25,000.00 - ₹30,000.00 per month

Schedule:

- Day shift

Work Location: In person

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