Inventory Champion

Job Title:

Inventory Champion

Job Progression:

Inventory Manager

Job Location:

Anand

About the Company

Tripcon Engineering is a manufacturing company based in Anand, Gujarat. Tripcon Engineering is a leading manufacturer of chain systems and components having a wide range of applications across industries.

Visit the website www.tripcon.in to know more.

Job Overview

The Inventory Champion is responsible for overseeing and optimizing inventory processes, ensuring accurate stock management, and improving inventory control mechanisms in the ERP system. This role ensures accountability for all inventory transactions, from Bill of Materials to procurement, goods receipt, consumption in production, and dispatch. The Inventory Champion will work closely with production, procurement, quality control, and accounts teams to enhance inventory visibility, streamline material flow, and maintain accurate stock records in the accounting books.

Key Responsibilities Area & Duties

1. Implement accurate tracking mechanisms for RM, WIP, and FG in ERP.
2. Ensure real-time and correct entries for all inventory transactions.
3. Coordinate with production, procurement, stores, and QC teams for seamless material flow.
4. Facilitate smooth material requisition and issuance through ERP.
5. Reconcile physical stock with system records and correct discrepancies.
6. Define and enforce standard operating procedures (SOPs) for inventory management.
7. Identify bottlenecks and inefficiencies in the inventory process and propose improvements.
8. Conduct periodic stock audits and cycle counts to validate ERP data.
9. Generate inventory reports and provide insights to management.
10. Ensure proper handling of excess materials with color-coded tracking in ERP.
11. Support the Accounts team in maintaining accurate FG inventory for invoicing.

Qualifications & Skills Required

Education required

• Diploma or Bachelor's degree in Engineering (Mechanical, Electrical, or related technical field).

Knowledge required

• Strong understanding of inventory management principles.
• Proficiency in ERP systems
• Knowledge of material flow and stock reconciliation processes.
• Awareness of lean inventory practices and 5S principles.
• Ability to read and interpret stock reports and inventory data.
• Understanding of compliance regulations and inventory best practices.
• Basic proficiency in Microsoft Office (Excel, Word, PowerPoint).
• Strong problem-solving and analytical skills.

Experience required

• Minimum of 3-5 years of experience in

  inventory management

  , preferably in a manufacturing environment.
• Prior experience in ERP inventory management and process optimization.

Technical Competencies

1. Expertise in ERP-based inventory management.
2. Ability to analyze and optimize stock movement processes.

Behavior & Leadership Competencies

1. Problem-Solving Attitude

   Quickly identifies and resolves inventory-related challenges.

2. Attention to Detail

   Ensures accurate inventory transactions and reporting.

3. Strong Communication Skills

   Collaborates effectively with cross-functional teams.

4. Accountability & Ownership –

   Takes full responsibility for maintaining accurate inventory records.

Additional Job dimension

1. Associated Risk:

   Inventory discrepancies and system inefficiencies.

2. Business Accountability:

   Compliance with inventory policies and process adherence.

3. Financial Accountability:

   Efficient utilization of resources and reduction of stock losses.

4. Typical Direct Reports:

   Inventory Assistants / Storekeepers.

5. Indirect Reports:

   Procurement & Production Coordination Teams.

6. External Relationships:

   Vendors, suppliers, and logistics partners.

7. Work Environment:

   Manufacturing unit, warehouse, and office settings.

Other Requirements

1. Commitment to Compliance –

   Adherence to inventory policies and best practices.

2. Data Accuracy & System Handling –

   Proficiency in maintaining accurate records in ERP.

3. Ensuring Inventory Accountability –

   Responsible for tracking all stock transactions from BOM to final dispatch.

4. Stock Reconciliation in Accounting –

   Collaborate with finance teams to maintain accuracy in stock records.