Inventory Executive

Job Title : Inventory Executive / Asst Inventory Manager

(FMCG Sector - Rice / Non-Rice Division)

Location : PAVIZHAM RICE – Perumbavoor ,Kerala
Department : Supply Chain / Inventory Management
Reports to : Plant Manager
Job Type : Full-Time

Job Overview:

We are seeking an experienced and detail-oriented Inventory Manager to manage inventory levels for both rice and non-rice products in our FMCG division. The successful candidate will be responsible for ensuring optimal stock levels, reducing excess inventory, and maintaining efficient stock turnover to meet customer demand while minimizing costs. This is a key role in supporting our supply chain operations and ensuring product availability across various channels.

Key Responsibilities:

• Inventory Forecasting & Planning:
• Collaborate with sales and marketing teams to forecast demand for rice and non-rice products based on historical trends, market analysis, and promotional activities.
• Utilize inventory management software and ERP systems to generate accurate forecasts and track product performance.
• Review and adjust inventory replenishment policies to improve order lead time and inventory turns.
• Logistics & Supply Chain Coordination:
• Work closely with the logistics and warehouse teams to ensure timely and efficient receipt, storage, and distribution of products.
• Monitor stock movements across warehouses and distribution centers to ensure seamless operations.
• Coordinate the safe storage of goods, ensuring compliance with regulatory standards and company policies.
• Stock Replenishment & Order Management:
• Monitor reorder levels and ensure timely placement of orders to avoid stock outs and minimize excess stock.
• Work with suppliers and vendors to ensure the timely supply of goods and handle discrepancies in orders or deliveries.
• Maintain accurate records of inventory purchases, receipts, and returns.
• Inventory Management:
• Oversee daily inventory operations to ensure that stock levels are accurately maintained for both rice and non-rice product lines.
• Ensure stock is available to meet production and customer demand while avoiding overstocking.
• Coordinate with procurement and production teams to align inventory levels with sales forecasts and seasonal demand patterns.
• Stock Control & Optimization:
• Develop and implement strategies to optimize inventory levels and reduce slow-moving or obsolete stock.
• Conduct regular stock audits and cycle counts to ensure accuracy and minimize discrepancies.
• Implement effective inventory control systems to track stock movements and inventory adjustments.
• Reporting & Analysis:
• Prepare regular inventory reports, including stock levels, stock outs, and inventory turnover rates, for senior management.
• Analyze inventory trends and provide insights to improve supply chain efficiency and cost control.
• Identify and resolve inventory discrepancies or variances by conducting thorough investigations.
• Cost Management & Control:
• Identify opportunities for cost savings within the inventory management process, including storage, handling, and transportation costs.
• Analyze inventory holding costs and develop strategies to minimize waste and inefficiencies.
• Ensure that inventory management aligns with the company’s budget and profitability goals.

Qualifications & Skills:

• Education:
• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
• Certifications in Inventory Management or Logistics (e.g., APICS) are a plus.
• Experience:
• Minimum 5 years of experience in inventory management, preferably in the FMCG sector, with exposure to both rice and non-rice product categories.
• Strong knowledge of inventory management systems, ERP, and software tools used for tracking and managing stock.
• Experience in managing inventory for multiple locations and understanding of local market dynamics in Kerala.
• Skills:
• Strong analytical and problem-solving skills with attention to detail.
• Proficient in inventory management software and Microsoft Office applications (Excel, Word).
• Excellent organizational and time management skills with the ability to handle multiple tasks simultaneously.
• Good understanding of supply chain processes, warehouse operations, and logistics.
• Personal Attributes:
• Strong communication skills with the ability to interact effectively with cross-functional teams.
• Ability to work under pressure and meet deadlines in a fast-paced environment.
• Proactive and self-motivated with a focus on achieving results.
• Knowledge of local regulatory requirements related to inventory and warehousing in Kerala.

Work Environment:

• The role involves regular interaction with suppliers, warehouse teams, logistics partners, and senior management.
• Occasional travel to warehouses, distribution centers, and supplier locations may be required.
• The Inventory Manager will work in a collaborative, fast-paced environment with a focus on optimizing operational efficiency.

Job Types: Full-time, Permanent

Pay: From ₹20,000.00 per month

Benefits:

• Food provided
• Health insurance
• Life insurance

Ability to commute/relocate:

• Perumbavoor, Kerala: Reliably commute or planning to relocate before starting work (Preferred)

Application Question(s):

• Do you have experience in SAP

Experience:

• FMCG : 2 years (Preferred)

Work Location: In person