Inventory Associate- Warehouse Operations(Third Party)

3 - 5 years

7 - 9 Lacs

Posted:11 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Position Title:

Reports to:

Location:

Position Summary:

Inventory executive to manage Optimize inventory, identify shortages, improve order fulfillment & reconcile inventory

Key Objectives:

  • Ensure that product stock is sufficient for all distribution bins and can meet direct customer demand
  • Ensure that stock is replenished to avoid shortages or excesses
  • Closely working on the forecast of inwards and returns for avoid the shortage bins and delays in Put away
  • It should not have unfulfilled orders or shortages because of inventory shortages
  • Order Fulfillment has to done on property for all the short pick units
  • On periodic intervals Cycle count and consolidation activities for improve the inventory accuracy 
  • Co-ordination with internal teams for using the existing inventory FIFO consumption Model/old stocks consumption stocks first
  • Keeping the tab on fresh inwards put away, Returns put away, Internal Transfer, damage/expiry, storing
  • Maintaining frequent stock checks with Quality team to prevent damage/fungus
  • Reconciles actual stock count VS SAP/ WMS Stocks.
  • Maintain stock and consumption records
  • Disposes of expired and waste stock according to the current procedure
  • Inventory Reports like, Aging, Bin accuracy, consumption & empty bins need to be flashed regular intervals
  • Minimum Hygiene of the Bins and cleanness and Non inventory stocks liquidation  
  • Active participation in Yearly W2W audits and bookings SAP /WMS
  • Co ordinating with Inward and Returns departments for proper put away /Inventory accuracy
  • Identify improvement projects to reduce picking time for easy inventory availability and reduce the Order fulfillment time
  • Keeping the designated zones for all the inventory and non-inventory stocks

KPIs and qualitative measures:

  • Should be familiar with Inventory Management and SAP/ WMS
  • Advanced Excel & Excellent communication skills

Qualifications and Functional Competencies:

Degree or Diploma in Supply Chain Management

Graduation/Engineering degree with at least 3 years of experience in warehouse process

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