Inventory Executive

2 days ago

Kochi Kerala, India COSMOS SPORTS WORLD LLP Full time

The job description of an Inventory Executive includes various responsibilities related to managing and optimizing inventory levels within a company.
- **Inventory Management**: The primary responsibility is to oversee the company's inventory levels, ensuring that they are maintained at optimal levels to meet customer demand while minimizing carrying costs. This involves monitoring stock levels, replenishing inventory as needed, and conducting regular inventory audits to reconcile discrepancies.
- **Forecasting and Planning**: Collaborating with other departments, particularly sales and procurement, to forecast demand for products and materials. Based on these forecasts, develop inventory plans and strategies to ensure adequate stock availability while minimizing excess inventory and stockouts.
- **Supplier Management**: Liaising with suppliers to ensure timely delivery of materials and products, as well as negotiating favorable terms and pricing agreements. Building and maintaining strong relationships with suppliers to optimize inventory replenishment processes.
- **Inventory Analysis**: Utilizing inventory management software and tools to analyze inventory data, identify trends, and forecast future inventory needs. Generating reports and metrics to assess inventory performance, such as turnover rates, carrying costs, and stockout rates, and making data-driven recommendations for improvement.
- **Inventory Optimization**: Implementing strategies to optimize inventory turnover, reduce carrying costs, and minimize obsolete or excess inventory. This may involve implementing just-in-time (JIT) inventory systems, safety stock policies, or implementing lean inventory management practices.
- **Quality Control**: Ensuring that inventory accuracy and integrity are maintained through regular cycle counts, stock reconciliations, and quality inspections. Investigating and resolving inventory discrepancies and implementing corrective actions to prevent recurrence.
- **Process Improvement**: Continuously seeking opportunities to streamline inventory management processes and improve efficiency. Identifying bottlenecks, implementing automation where possible, and collaborating with cross-functional teams to implement process improvements.
- **Compliance and Documentation**: Ensuring compliance with relevant regulations and standards governing inventory management, such as FIFO (First In, First Out) and LIFO (Last In, First Out) accounting methods. Maintaining accurate records and documentation related to inventory transactions, including receipts, shipments, and adjustments.
- **Team Leadership (if applicable)**: If overseeing a team, providing leadership, guidance, and support to inventory staff. Assigning tasks, setting objectives, and conducting performance evaluations to ensure team effectiveness and development.

Overall, the role of an Inventory Executive is critical in ensuring that a company's inventory operations are efficient, cost-effective, and aligned with business goals and customer needs.

Pay: ₹13,500.00 - ₹23,000.00 per month

**Benefits**:

- Provident Fund

Schedule:

- Day shift

Supplemental pay types:

- Yearly bonus

Work Location: In person

  • Inventory Executive

    2 weeks ago

    Kochi, India Amco Services Full time

    Urgent requirement of Inventory executive for Kochi location. Experience - Min 2 years experience in retail sector Salary - 20k - 25k Food & Accommodation available **Salary**: ₹20,000.00 - ₹25,000.00 per month Schedule: - Day shift Ability to commute/relocate: - Kochi, Kerala: Reliably commute or planning to relocate before starting work...

  • Purchase and Inventory Executive

    2 days ago

    Thrissur, Kerala, India Goodwill marketing and distributions Full time

    **Purchase & Inventory Executive** **Location : kodakara** **Objective Summary** The **Purchase & Inventory Executive** is responsible for handling procurement and inventory functions, including sourcing materials, negotiating with vendors, maintaining stock levels, and ensuring timely deliveries. This role supports smooth production operations, cost...

  • Inventory Controller Executive

    1 week ago

    Kochi, India Farmers Fresh Zone Full time

    **ABOUT FARMERS FRESH ZONE** Farmers Fresh Zone (FFZ), launched in 2016, is an Agri tech, purely B2C-focused farm-to-fork supply chain player offering fresh, safe-to-eat fruits and vegetables to consumers supported by a strong technology backbone and a differentiated business model in the last 2 years and proven scalability. With this humble initiative we...

  • Logistics Executive

    2 weeks ago

    Kochi, Kerala, India Driver Logistics Full time

    **LOGISTICS EXECUTIVE** **Job Summary**: The Logistics Executive will be responsible for overseeing and managing the inventory processes/ movement and billing operations within the warehouse. The role ensures accurate inventory control, efficient billing practices, and compliance with company policies and procedures. **Duties & Responsibilities**: **1....

  • Store Executive

    1 week ago

    Kochi, Kerala, India Zeak us solution Full time

    **Store Executive** **Location**: Kerala, Karnataka, Tamil Nadu, Pondicherry **Qualification**: Any Degree **Experience**: Minimum 1 year **Gender**:Male** **Job Summary**: **Key Responsibilities**: - **Inventory Management**: - Monitor and maintain inventory levels to avoid stock shortages or overstocking. - Ensure proper storage and handling of...

  • Store Executive

    2 weeks ago

    Kochi, Kerala, India SYLCON SHOES AND BAGS Full time

    Store Executive - Foot wear Retail - **Inventory Management**: Monitor stock levels, Request for restock and ensure products are accurately tagged and displayed. - **Sales & Merchandising**: Implement sales strategies to boost revenue, design and set up displays, and manage the visual presentation of the footwear department to attract customers. - **Customer...

  • Purchase Executive

    4 days ago

    Kochi, Kerala, India Navalt Full time

    **Job Description - Purchase Executive** **Job Summary** The Purchase Executive is instrumental in overseeing and managing the organization’s procurement processes. Responsible for sourcing equipment, goods, and services and managing vendors, this role is crucial for ensuring sustainable, cost-effective, and timely procurement. The individual in this...

  • Logistics Executive

    2 weeks ago

    Kochi, Kerala, India Driver Logistics Full time

    **Job Summary**: The Logistics Executive will be responsible for overseeing and managing the inventory processes/ movement and billing operations within the warehouse. The role ensures accurate inventory control, efficient billing practices, and compliance with company policies and procedures. **Duties & Responsibilities** 1. Execute all orders received...

  • Logistics Executive

    2 weeks ago

    Kochi, Kerala, India Hashboosh Designs Full time

    Hashboosh Designs Private Limited is an IIMK incubated StartUp currently located near Kakkanad. We are a fast fashion women's brand with over 300k instagram followers. We wish to hire a **Logistics Executive** to join our team and help ensure smooth warehouse operations. Sufficient mentorship will be provided. **Skills** - Pick, pack, and dispatch customer...

  • Reservation Executive

    6 days ago

    Kochi, Kerala, India GrowMyHotel Full time

    A Reservation Executive in a GrowMyHotel plays a crucial role in facilitating hotel bookings and managing reservations to ensure the efficient operation of the business. Their primary responsibility is to maximize room occupancy and revenue while providing excellent customer service. Here is a job description and key responsibilities for a Reservation...