Inventory Executive

9 hours ago


Palghat District Kerala, India COSMOS SPORTS WORLD LLP Full time

Key Responsibilities:

- **Inventory Control**: Monitor and maintain optimal inventory levels to ensure there are sufficient goods for production or retail without overstocking.
- **Stock Tracking and Documentation**: Maintain accurate records of inventory movements, ensuring proper documentation for incoming and outgoing goods, as well as stock adjustments.
- **Stock Replenishment**: Review inventory levels regularly and place orders with suppliers or internal departments to replenish stock as needed, based on demand forecasts.
- **Receiving and Inspecting Goods**: Ensure that all incoming goods are properly received, inspected for damage, and recorded accurately in the system.
- **Inventory Audits**: Perform regular physical counts of inventory and reconcile them with system records to ensure accuracy and identify any discrepancies.
- **Reporting**: Prepare and maintain inventory reports, including stock levels, turnover rates, and potential issues, for management review.
- **Warehouse Organization**: Ensure the proper storage and organization of inventory in the warehouse to minimize loss, damage, or inefficiency.
- **Supplier Coordination**: Work with suppliers to ensure timely delivery of goods and resolve any issues related to product quality, quantity, or delivery times.
- **Order Fulfillment**: Ensure that inventory is available for fulfilling sales orders or production requirements, coordinating with sales or production teams as necessary.
- **Stock Rotation**: Implement effective stock rotation methods (e.g., FIFO, LIFO) to prevent outdated or expired stock.
- **Cost Control**: Monitor and manage inventory costs, including storage, handling, and replenishment costs, to meet budgetary goals.
- **Process Improvement**: Continuously assess inventory processes to identify opportunities for improvement in efficiency, accuracy, and cost-effectiveness.
- **Returns Management**: Oversee the return and exchange process for damaged or unsold inventory, ensuring proper documentation and restocking if applicable.

Skills and Qualifications:

- **Attention to Detail**: Ability to track, organize, and ensure the accuracy of inventory data.
- **Organizational Skills**: Strong ability to manage and organize inventory items in a warehouse or storage facility.
- **Analytical Skills**: Ability to analyze inventory data and trends to make informed decisions on stock replenishment or removal.
- **Problem-Solving Skills**: Ability to address inventory discrepancies, stock shortages, or logístical challenges effectively.
- **Communication Skills**: Ability to coordinate and communicate with suppliers, sales teams, and other departments to ensure smooth operations.
- **Time Management**: Ability to prioritize and manage multiple tasks, especially during busy periods or with time-sensitive stock issues.
- **Technical Proficiency**: Familiarity with inventory management software, databases, and systems, such as ERP or WMS (Warehouse Management System).

**Education**:

- Diploma in logistics, supply chain management, business administration, or a related field may be preferred.

Pay: From ₹15,100.00 per month

Work Location: In person


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