Inventory Executive

4 - 6 years

2 - 3 Lacs

Posted:1 week ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role Summary

The Inventory Executive will be responsible for accurate daily inward and outward stock control, issuing materials for production, and maintaining real-time inventory records on Odoo ERP. This role ensures uninterrupted production by planning reorder levels, coordinating with production and dispatch teams, and preparing timely month-end stock statements and periodic stock audits.

Key Responsibilities

1) Daily Inward Stock Management

  • Receive all inbound raw materials, packaging materials, and finished goods.
  • Verify quantity, quality basics, and documentation against PO / invoice / delivery challan.
  • Ensure proper lot/batch code tagging and labeling as per internal QC and traceability norms.
  • Record inward entries in

    Odoo ERP in real time

    (same day, same shift).
  • Coordinate with Quality for sampling/inspection and release status.
  • Update discrepancies immediately and escalate shortages/damages to reporting manager.

2) Daily Outward Stock & Dispatch Control

  • Process outward movement for production, repacking, and dispatch as per approved plans.
  • Pick, pack, and stage materials/finished goods with FIFO/FEFO logic.
  • Record outward entries in Odoo ERP in real time.
  • Maintain outward documentation (production issue slips, dispatch challans, internal transfer notes).
  • Coordinate with dispatch assistant / transporter for correct SKU-wise loading and handover.

3) Material Issuance to Production

  • Issue raw materials and packaging materials to production floor strictly against authorized production plan / job card.
  • Ensure correct lot selection, weight verification, and issuance recording on Odoo.
  • Track daily consumption vs issued quantities and highlight abnormal variance.
  • Collect production return/leftover materials and update Odoo accordingly.
  • Ensure zero production stoppage due to stock unavailability.

4) Odoo ERP Inventory Accuracy (Real-Time System Ownership)

  • Maintain

    100% accurate, real-time stock

    for:
    • Raw materials
    • Packaging materials
    • WIP (work in progress)
    • Finished goods
  • Create and update products, categories, UoMs, lots/batches, locations if needed.
  • Manage internal transfers between locations (warehouse production FG dispatch).
  • Ensure all stock movements are system-recorded and auditable.
  • Generate required inventory reports from Odoo for ops reviews.

5) Ordering & Reorder Planning

  • Monitor minimum stock levels and reorder points for all key materials.
  • Raise indent/reorder requests on time to avoid stockouts.
  • Coordinate with procurement/vendors for lead times and expected arrivals.
  • Maintain an ordering tracker aligned to production and dispatch calendars.

6) Month-End Stock Statements & MIS

  • Prepare month-end stock statement from Odoo + physical validation.
  • Share closing stock summary with Finance/Founder (SKU-wise, lot-wise).
  • Support reconciliation of variances, GRN pending, consumption mismatches, and aging stock.
  • Maintain an audit-ready file of stock statements and variance notes.

7) Periodic Stock Taking / Cycle Counts

  • Conduct weekly/fortnightly/monthly physical stock checks (as per schedule).
  • Lead full stock taking during month-end or audit requirements.
  • Identify and report variances between physical vs system stock.
  • Investigate root causes (wrong UoM, missing inward/outward, production loss, damage).
  • Ensure corrective actions and system clean-ups are completed.

8) Warehouse Hygiene & Organization

  • Maintain clean, organized storage with clear labeling, zones, and SKU segregation.
  • Ensure pest-safe storage and compliance with food safety norms.
  • Track damaged/expired/slow-moving stock and report for disposal decisions.
  • Ensure safe stacking, handling, and storage temperature/humidity where needed.

9) Cross-Functional Coordination

  • Work closely with Production, Quality, Dispatch, and Procurement teams daily.
  • Attend daily production/dispatch huddles for stock readiness updates.
  • Provide real-time inventory visibility to planning team/founder.

KPIs / Success Metrics

  • Inventory accuracy:

    9899% system vs physical match
  • Real-time posting compliance:

    100% same-day entries in Odoo
  • Production stockout incidents:

    Zero
  • Month-end closure:

    Stock statement shared within 1–2 working days
  • Variance resolution time:

    Within 3–5 days per cycle

Required Skills & Qualifications

  • Graduate in any discipline (B.Com / BBA / BA / BSc preferred).
  • 1–3 years experience

    in inventory/warehouse roles, preferably in FMCG/Food/Manufacturing.
  • Hands-on Odoo ERP experience mandatory

    (Inventory module + lots/batches + internal transfers).
  • Strong understanding of inward/outward processes, FIFO/FEFO, and traceability.
  • Comfortable with Excel/Google Sheets for MIS and reconciliations.
  • Basic understanding of production issuing and packaging material control.

Behavioral Traits

  • High ownership and attention to detail.
  • Process-driven, disciplined, and audit-ready mindset.
  • Ability to work on factory floor and handle physical stock operations.
  • Clear communication with multi-level teams (quality, ops, blue-collar staff).
  • Quick problem-solver for stock mismatches and urgent production needs.

Working Conditions

  • Factory/warehouse environment; involves standing, lifting, and movement within storage areas.
  • Shift timings aligned with production and dispatch cycles.
  • Peak workload during dispatch days and month-end stock closure.

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