Inventory Performance

6 days ago

Ankleshwar, Gujarat, India Zentiva Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Lead Zentiva's inventory governance, procedures, and continuous improvement initiatives within the S&OP framework, driving operational excellence, service performance, and optimized working capital across RM, WIP, and FG globally.

  • Lead the development, governance, and continuous improvement of Zentiva's inventory management processes, fully integrating them into the S&OP process to drive operational excellence and performance across the organization.
  • Establish governance mechanisms to monitor compliance of procedures, track effectiveness and drive accountability.
  • Lead training and communication efforts related to inventory management procedures across the organization, ensuring understanding and adoption.
  • Conduct regular checks and reviews to identify areas for improvement and ensure alignment with evolving business
  • Lead on all inventory (RM, WIP, FG) management processes – including the reporting on all inventory management initiatives from across the company (directly supporting to those initiatives as required or instructed by the SIOPS Lead)
  • Hold accountable those functions who own specific inventory types (in terms of proactive inventory management)
  • Consolidate inventory projections to ensure avoidance of excess inventory (wherever possible).
  • Maximize customer service by minimizing out of stock situations
  • Increase business profitability by the proactive management of product supply

Main Responsibilities

  • Strategy & Governance:
  • Develop, document, and maintain inventory procedures aligned with GMP and Zentiva policies.
  • Oversee governance frameworks ensuring process consistency, compliance, and KPI accountability.
  • Continuous Improvement:
  • Drive lean-based initiatives to enhance service levels, reduce excess inventory, and optimize working capital.
  • Support digitalization and system enhancements for inventory management.
  • Inventory Performance:
  • Lead and report on RM, WIP, FG inventory initiatives including excess management, safety stock, segmentation, launches, and M&A.
  • Measure and improve performance using clear metrics while ensuring stakeholder accountability.
  • Participate in development of statistical models and critical parameters to optimize inventories
  • Collaboration:
  • Align inventory strategies with S&OP and business objectives cross-functionally.
  • Ensure systematic review and governance adherence to support service and cost goals.

COMMUNICATIONS & WORKING RELATIONSHIPS
Internal Partners

  • Global Demand & Supply Network Planning teams
  • Production Sites, IO Management
  • ESO
  • Launches / Transfers / M&A
  • Regional Supply Chain
  • Commercial (Markets)
  • Quality & Regulatory
  • Other functions supporting directly to Affiliates/Global

Hard Skills & Competencies

  • Minimum 6 years experience of having designed and implemented numerous inventory management processes within a regulated or FMCG industry – including reporting and ongoing tracking of performance
  • Experience of materials/production planning– with a specific focus on inventory - within a regulated industry (preferably generics pharma or FMCG)
  • Good working knowledge of requirement planning and/or MRP
  • Good working knowledge of S&OP – with inventory management embedded into the process
  • Demonstrated understanding of financial systems and key commercial drivers (within a manufacturing environment)
  • Proven understanding of Supply Chain including: demand & stock management, production & capacity management, monthly reporting, CMO supply, WH & Logistics, S&OP – KPI tracking etc
  • Proven analytical skills – able to produce data/reports with a high degree of accuracy
  • Ability to generate insights from quantitative and qualitative analysis. Develop creative solutions to complex problems.
  • English: Advanced level (other languages are an advantage)

Soft Skills & Competencies

  • Problem-solver: able to identify issues and implement corrective actions
  • Able to act independently (within a defined area of responsibility)
  • Strong interpersonal skills to facilitate decision-making across the different stakeholders
  • Reliable – consistently deliver on what they promise
  • Having a customer orientated mind-set
  • Good written and oral communication skills – able to confidently present to team, peers & leadership
  • Able to work under pressure, whilst maintaining a clear focus on business objectives
  • Builds excellent relationships with internal and external customers based on trust and confidence.
  • Comfortable with elements of ambiguity, not distracted from the required outcome

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