Assistant Manager, Inventory Control

5 - 10 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: As the incumbent in this role, you will be responsible for building a mechanism to analyze stock and maintain a clean system to ensure accurate inventory representation. Your key focus will involve collaborating with Finance, the Controllership team, and other cross-functional teams to develop and implement new inventory controls based on business needs. Key Responsibilities: - Ensure strict adherence to all inventory procedures at the sites. - Prepare schedules for cycle counts at the sites in coordination with the Inventory and Finance teams. - Conduct all physical inventory counts, including cycle counts, quarterly PI counts, and other necessary counts, in partnership with the Finance team. - Work closely with the Finance team to implement new controls as necessary. - Reconcile stock in Herbalife and CM books with minimal variance during quarterly PI counts. - Establish controls around inventory management by designing processes and procedures with the Finance team. - Uphold internal financial controls and compliance requirements, while also establishing a review mechanism. - Analyze inventory data and present findings to management to demonstrate effective controls. - Implement systems to ensure the utilization of near-expiry materials at sites. - Communicate outdated and slow-moving inventory data through MIS and assist in procurement decisions. - Collaborate with the Finance team to build reserves and strategically plan for depleting excess stock in partnership with the Core Manufacturing team. - Undertake any other tasks assigned by the business. Qualifications Required: - Graduation/MBA in Inventory Management, Supply Chain Management, or Operations Management. Additional Details: The company emphasizes the importance of leadership and people management skills, effective verbal and written communication, proficiency in data analysis and problem-solving, strong interpersonal abilities, attention to detail, goal orientation, proactive action-taking, critical thinking, and proficiency in MS Excel, SAP, Oracle, and ERP systems. Experience: - 5-10 years of experience in inventory management and control. - Solid understanding of financial controls. - Previous experience in the Food/Nutraceutical, FMCG industry. - Experience in inventory and warehousing management. - Willingness to travel across India.,

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