Inventory Management

Location: Kandivali West, Mumbai

Reporting To: GM - SCM

Work Mode: On-site from Mon - Sat, 6 days a week

Job Purpose

The Inventory Management & Stock Replenishment Executive is responsible for maintaining optimal inventory levels across warehouses and distribution points in the food industry. The role focuses on stock planning, timely replenishment, inventory accuracy, expiry control, and coordination with production, procurement, sales, and logistics teams to ensure uninterrupted supply while minimizing losses and excess inventory.

Key Responsibilities

Inventory Planning & Control

• Monitor daily stock levels across warehouses, depots, and distributors.
• Ensure inventory availability in line with sales forecasts, secondary sales trends, and seasonal demand.
• Maintain accurate inventory records in ERP/WMS systems.

Stock Replenishment & Allocation

• Prepare and execute stock replenishment plans for warehouses, CFAs, and distributors.
• Coordinate with production and procurement teams for timely replenishment based on demand and lead times.
• Allocate stock to regions, channels, or customers as per approved plans and priorities.

Expiry, Batch & Quality Management

• Monitor batch-wise inventory using FIFO / FEFO principles.
• Track near-expiry, slow-moving, and obsolete stock and initiate corrective actions.
• Coordinate with sales and quality teams for liquidation, returns, or disposal of expired stock.

Coordination with Warehouses & Logistics

• Liaise with warehouse teams to ensure accurate inward, outward, and stock transfer postings.
• Coordinate dispatches and inter-warehouse stock transfers to balance inventory.
• Track transit inventory and resolve discrepancies related to shortages, damages, or delays.

MIS & Reporting

• Prepare daily, weekly, and monthly MIS on stock position, replenishment status, ageing, and fill rates.
• Analyze inventory trends, stock cover, and replenishment efficiency and share insights with management.
• Support demand planning and forecasting exercises with inventory data.

Documentation & Compliance

• Ensure accurate documentation for stock movements including GRNs, STOs, delivery challans, and reconciliation reports.
• Support internal and external audits by providing inventory-related records.
• Ensure compliance with food safety, storage, and internal SOP requirements.

Cross-Functional Collaboration

• Coordinate closely with sales teams to understand market demand and replenishment requirements.
• Work with finance for inventory valuation, reconciliation, and closing stock reports.
• Support new product launches by ensuring timely stock availability across locations.

Key Skills & Competencies

• Strong knowledge of inventory management in the food/FMCG industry
• Hands-on experience with FIFO / FEFO, batch tracking, and expiry control
• Proficiency in MS Excel, ERP/WMS systems, and data analysis
• Strong analytical, coordination, and follow-up skills
• Ability to work under pressure in a dynamic supply chain environment

Educational Qualification

• Bachelor's degree in supply chain management, Logistics, Commerce, or a related field

Experience

• Min. 2 years of experience in inventory planning, stock replenishment, or supply chain operations
• Prior experience in food processing, FMCG, or perishable goods handling preferred

Job Types: Full-time, Permanent

Pay: ₹25, ₹30,000.00 per month

Benefits:

• Health insurance
• Paid sick time
• Paid time off
• Provident Fund

Application Question(s):

• Can you reliably commute to Kandivali West, Mumbai?
• Are you ok with on-site role from Mon-Sat, 6 days a week?
• What's your current CTC?
• What's your expected CTC?
• What's your notice period?

Work Location: In person