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Inventory Manager

2 weeks ago

Bengaluru, Karnataka, India Bigbasket Full time ₹ 8,00,000 - ₹ 12,00,000 per year

. Inventory Planning & Control

  • Maintain accurate stock levels across categories (FMCG, perishables, non-food, etc.).
  • Monitor demand vs supply and ensure timely replenishment from vendors/warehouses.
  • Conduct regular cycle counts, stock audits, and ensure 100% WMS (Warehouse Management System) accuracy.

2. Stock Movement & Documentation

  • Oversee inbound (GRN, put-away) and outbound (picking, dispatch) stock processes.
  • Track inter-store/warehouse transfers and ensure timely documentation.
  • Ensure FIFO/FEFO for perishables and proper storage conditions for fresh produce, dairy, and frozen items.

3. Shrinkage & Loss Prevention

  • Identify and minimize stock losses due to damages, pilferage, or expiry.
  • Conduct root-cause analysis (RCA) for variances and implement corrective actions.
  • Collaborate with security and operations teams for loss prevention.

4. Vendor & Procurement Coordination

  • Work closely with the procurement team for timely purchase orders and replenishments.
  • Monitor vendor fill rates and escalate supply chain issues.
  • Coordinate returns for damaged or unsold goods as per company policy.

5. Reporting & Analytics

  • Generate MIS reports on stock status, variances, wastage, and replenishment needs.
  • Track key KPIs like Inventory Accuracy %, Stock Turnover Ratio, Fill Rate, and Shrinkage %.
  • Provide insights for demand forecasting and process improvements.

6. Compliance & Process Adherence

  • Ensure compliance with FSSAI and safety standards in handling food inventory.
  • Enforce adherence to BigBasket SOPs in storage, handling, and dispatch.
  • Train staff in inventory handling, hygiene, and safety protocols