Inventory Associate

Dhruva Space is looking for a diligent and detail-oriented Inventory Associate to join our team. The hired candidate will be responsible for managing and maintaining inventory levels, ensuring accuracy in stock counts, and contributing to the Inventory & Procurement Department in ordering and restocking supplies.

This role, located at the Company's Headquarters in Hyderabad, provides the opportunity to gain vital experience and knowledge of the Inventory & Procurement processes, as well as the opportunity to work with one of India's leading private Space companies.

Key Responsibilities:

• Manage and maintain accurate stock records and inventory levels;
• Perform regular stock counts and reconcile discrepancies;
• Monitor inventory levels and report shortages or overages;
• Ensure proper labeling and storage of inventory items;
• Assist in placing orders for new stock and replenishments;
• Work closely with courier and transportation services to ensure timely and efficient delivery and receipt of goods;
• Verify received shipments against purchase orders and resolve any discrepancies;
• Oversee the receipt and dispatch of goods, ensuring all procedures are followed correctly;
• Liaise with other Departments to facilitate stock transfers and address any inventory-related issues;
• Coordinate with suppliers and vendors to ensure timely delivery of goods;
• Conduct perpetual inventory counts to ensure inventory accuracy and integrity;
• Perform visual inspections of incoming stock to identify damages and raise claims as necessary;
• Maintain complete and accurate records of stock movements, including BIN entries for stock inward;
• Ensure all stock is stored according to company stacking norms and space management principles;
• Update and maintain the inventory management system with accurate data; and
• Generate and analyse inventory reports to identify trends and areas for improvement.

Candidate Requirements:

• Bachelor's degree in Supply Chain Management, Logistics, or a related field;
• 1-3 years of experience in inventory management, procurement, or a related role;
• Proficiency in inventory management software and MS Office Suite (Excel, Word, Outlook);
• Strong analytical and problem-solving skills;
• Ability to collaborate with different teams;
• Excellent organisational and time management abilities;
• Attention to detail and a high level of accuracy;
• Effective communication and interpersonal skills;
• Ability to work independently and as part of a team; and
• Experience with ERP systems (e.g., SAP and Tally).