Inventory Executive

2 years

2 - 4 Lacs

Posted:1 day ago| Platform: SimplyHired logo

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Work Mode

On-site

Job Type

Full Time

Job Description

· Examine the levels of materials and supplies to determine shortages

· Document daily FIFO-LIFO and deliveries to replenish inventory

· Create detailed reports for adjustments, inventory operations and stock levels

· Effectively order new supplies avoiding excessive surplus or inefficiencies

· Analyze various suppliers to ensure the company is receiving the best cost-effective deals

· Oversee all business and activity relating to store inventory control.

· Entry of goods into factory till store and requisition from each department

· Responsible for unloading new supplies and storing them appropriately.

· Responsible for loading correct inventory for transportation

· Should be able to identify new products or supplies for regular inventory based on analysis of sales statistics.

· Ensure that stockroom is well organized and that all stored items are accounted for.

· Employ and operate computerized inventory software to keep track of all store supplies.

· Reviews and analyze sales reports and check them against physical store inventory.

· Address and resolve discrepancies in inventory and sales reports.

· Implement improved security and storage procedures to reduce loss and theft.

· Work with accounts, maintenance and HO to devise ways to maintain inventory control and reduce theft.

· Weekly checks and Monthly physical store closing to be done

· Invoices to be prepared for all verticals at the depot

· Reports on inventory levels, supply chain progress, procedural efficiency, and personnel issues to upper management.

· Identify non-moving and slow-moving items and take appropriate action.

· Implement SOPs and documentation in stores regarding incoming and issue of material.

· Ensure that the material is accepted only if the material is accompanied with bill, chalan and test certificate wherever applicable.

· Ensure that the GRN is generated in 24 working hours and bills are forwarded to the accounts.

· Follows excise procedures and comply with all statutory requirements.

· Should have knowledge of processing e-way bill

Job Types: Full-time, Permanent

Pay: ₹240,000.00 - ₹400,000.00 per year

Benefits:

  • Provident Fund

Experience:

  • Inventory management: 2 years (Required)

Work Location: In person

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