Inventory Supervisor

6 days ago

Punagam Surat Gujarat, India Superhard Reserch Centre Pvt Ltd Full time

Location: Surat, Gujarat

Position Title: Inventory Supervisor

Experience Required: 10-20 years

Education: Bachelor's degree in Electrical Engineering, Power Electronics, or a related field. Advanced degree (Master's or Ph.D.) is a plus.
- Total Experience
- Hometown
- Industry Worked In
- Current Salary
- Expected Salary

Kindly ensure the above details are included along with your updated resume for our review.

Key Responsibilities:

- Develop and implement inventory management policies, procedures, and best practices to optimize inventory accuracy, minimize stockouts, and reduce carrying costs.
- Coordinate with purchasing, production, and shipping departments to forecast inventory requirements and maintain adequate stock levels of raw materials, components, and finished goods.
- Conduct regular inventory audits and cycle counts to ensure inventory accuracy and reconcile discrepancies in a timely manner.
- Utilize inventory management software systems (e.g., ERP, MRP) to track inventory levels, monitor stock movements, and generate reports on inventory status, usage, and trends.
- Establish and maintain relationships with suppliers and vendors to negotiate pricing, lead times, and terms of supply agreements, and ensure timely delivery of materials.
- Develop and implement inventory replenishment strategies, including reorder point calculations, safety stock levels, and economic order quantity (EOQ) analysis.
- Monitor and analyze inventory turnover ratios, aging of inventory, and obsolete or excess stock, and implement strategies to minimize inventory carrying costs and optimize inventory turnover.
- Collaborate with production planners to schedule production runs, prioritize work orders, and allocate materials based on production requirements and customer demand.

**Benefits**:

- Attractive compensation package
- Opportunity to work closely with senior management and decision-makers
- Exposure to high-impact financial processes in a corporate environment
- Learning opportunity in a fast-paced and growth-oriented setting

Pay: ₹500,000.00 - ₹700,000.00 per year

**Benefits**:

- Food provided
- Health insurance
- Internet reimbursement
- Leave encashment
- Life insurance
- Paid sick time
- Paid time off
- Provident Fund

Work Location: In person

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