Job
Description
Purpose of the Role This position will be responsible for Auditing and checking the effectiveness of Material Management system in order to ensure accurate Inventory and Material consumption at Plant Level including review and assess total supply chain risk and identify opportunities to minimize, eliminate risk and strengthens Inventory Management process and timely submission of various report to Statutory Auditor, SOX Compliance (Sarbanes ‘Oxley Act of 2002) team and Internal Audit team etc. Job Responsibility Improve inventory variance control: Plan & Conduct Physical verification for Auto material / bought out items, Non-auto materials (tools, Central machining share parts & indirect materials) and WIP across the plant through end to end reconciliation in coordination of SCM, Manufacturing, Finance and TTL. Monitor to ensure SOX Compliance, Inspection & Supply Float Vehicles verification & Reconciliation. Monitor End to End Repetitive discrepancy analysis & Control. Conduct surprise check of High valued Category parts to find out adequacy of reconciliation, storage, and infrastructure facilities. MASOP Items Reconciliation At MASOP Supplier Monitor & Ensure the MASOP material reconciliation (Third Party Stock) at Vendor end and Liquidating & monitoring MASOP stock lying with vendors for more than defined time line. Inventory Target: Target Adherence against inventory through Inventory Reduction & Bottom-line Optimization Guide the team and review Factory-wise Inventory Target setting Monitor Inventory MIS reporting, Validation of Manual Consumption approvals & Manual consumption execution as per approval received Conduct Manual Consumption analysis for proper exception report on repeat manual consumption on Quarterly basis Monitor Repro Reporting Consumption Analysis: Conducts monthly consumption analysis of Aggregates & Class 'A' Bought-out items and covering 90% of Consumption value. This analysis projects the behaviour of Consumption (Over booking / under booking) for entire plant. Ensuring timely closure the Internal & External Auditor Query: SOX & Statutory Compliance - Interface between Statutory /Internal Auditor, Finance and Management for Inventory Reconciliation processes Cost Reduction, Capex & Inventory Reduction DMC & cost savings through VAVE, TCS and QSMG. Operations Inventory in Days with specific focus on MXU related Inventory. Inventory Reduction through reduction in fictitious Inventory, Consumption Gap, Inventory Gap & GIT Items (slow / non-moving items) etc. and close the issue. Increase the BOM accuracy Process Improvement: Improve the following Parameter MRP adherence BOM Accuracy adherence Repro reduction Stakeholder Profiles & Nature of Interactions Internal Plant Head SCM Head Warehouse Finance / GDC SOX team Internal Audit team Indirect Store / CMS Store / Tools Store TS VQA HR, Admin & Security Product Line External MASOP Suppliers Statutory Audits SAP / PLM TEAM Desired Candidate Profile Education : Bachelor in Engineering, Master in Material Management preferred Major quantum of experience belongs to Inventory control in Manufacturing Industries, Knowledge of SAP (MM, PP & SD), Knowledge of warehouse Management, Procurement and logistics Management, Cost management, Knowledge of MRP Implementation, E2E reconciliation and PI Process. Having exposure of handling Statutory Audit, SOX Compliance (Sarbanes ‘Oxley Act of 2002) audit, cost audit and Internal Audit etc. Result oriented with ability to plan and deliver within project timelines, Leadership & Management skills with the ability to optimize team performance & development, Excellent Analytical & problem solving abilities Relevant Experience : 10-12 years of experience in Supply Chain Management, SAP system in MM Module, Material Audit exposure Skills & Competencies Product Design and Development Business acumen Customer centricity Driving execution Project management Show more Show less
