Sr. Inventory Executive

3 days ago

Mumbai, Maharashtra, India ACME SERVICES PRIVATE LIMITED Full time ₹ 40,000 - ₹ 80,000 per year

Strategic Inventory Management:

  • Develop and implement strategic inventory management policies, procedures, and controls aligned with business goals.
  • Proactively identify and address potential inventory risks and opportunities.
  • Contribute to the development of long-term inventory planning strategies.

Advanced Inventory Control and Accuracy:

  • Oversee and refine cycle count and physical inventory processes to ensure exceptional accuracy.
  • Lead investigations into complex inventory discrepancies, implement robust corrective and preventative actions.
  • Drive continuous improvement initiatives to enhance inventory accuracy and reduce losses.
  • Ensure meticulous maintenance of inventory records within the WMS or other tracking systems.

Warehouse Optimization and Flow Leadership:

  • Take a leading role in optimizing warehouse layout, storage strategies, and material flow to maximize efficiency and minimize handling.
  • Identify and implement improvements to inventory receiving, put-away, picking, and shipping processes.

Advanced Reporting and Analysis:

  • Develop and generate sophisticated inventory reports and dashboards to track key performance indicators (KPIs).
  • Conduct in-depth analysis of inventory data to identify trends, root causes of inefficiencies, and opportunities for significant cost savings.
  • Present data-driven insights and recommendations to senior management.

Team Leadership and Mentorship:

  • Potentially lead and mentor a team of inventory control staff, providing guidance, training, and performance feedback.
  • Foster a culture of accuracy, efficiency, and continuous improvement within the inventory team.
  • Delegate tasks effectively and ensure team accountability.

Compliance, Audit, and Process Improvement:

  • Ensure strict adherence to all relevant safety regulations, company policies, and audit requirements related to inventory management.
  • Lead internal and external inventory audits and implement recommendations.
  • Drive continuous improvement initiatives across all inventory-related processes.

System Expertise and Implementation:

  • Serve as a subject matter expert for the warehouse management system (WMS) and other inventory tracking tools.
  • Lead or actively participate in the implementation of new inventory management systems or upgrades.
  • Troubleshoot complex system issues and collaborate effectively with IT.

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