Inventory Management Executive

                                     About Our Client:   This company operates in the premium cycling space, focusing on a niche market that prioritizes custom-built, robust framesets and components. They have a strong e-commerce presence and foster a loyal following through community-driven marketing. Designation: Inventory Management Executive Location: Bangalore Experience: 1-2 year of experience Qualification: Graduate in related field About the role: The Inventory Management Executive is responsible for maintaining optimal inventory levels, ensuring accuracy in stock records, and supporting smooth supply chain operations. This role involves tracking, analysing, and reporting inventory movements, managing stock replenishment, coordinating with internal teams, and implementing inventory control procedures to minimize stock discrepancies and wastage. Responsibilities: Monitor stock levels regularly to ensure sufficient availability without overstocking. Maintain accurate and up-to-date inventory records in ERP systems or inventory management software. Conduct regular physical stock counts and reconcile with system data to identify discrepancies. Ensure proper labelling, storage, and categorization of all inventory items. Generate and analyse inventory reports including stock aging, turnover rates, reorder levels, and shrinkage. Prepare daily, weekly, and monthly inventory summaries for management review. Assist in demand forecasting by analysing historical data, seasonal trends, and sales projections. Coordinate with procurement, warehouse, sales, and finance teams to ensure inventory requirements are met. Liaise with suppliers and vendors regarding delivery schedules and inventory shortages or surpluses. Assist in planning and execution of stock audits, cycle counts, and inventory valuation processes. Identify and implement improvements in inventory management processes and controls. Ensure compliance with company policies, safety standards, and regulatory requirements regarding inventory handling. Support automation and digitization initiatives for inventory tracking and reporting. Requirements: Strong analytical and numerical skills. Proficiency in MS Excel. Knowledge of inventory management software (e.g., SAP, Oracle, NetSuite, Zoho Inventory). Excellent attention to detail and accuracy. Strong organizational and time management abilities. Effective communication and collaboration skills. Knowledge of supply chain principles, demand planning, and logistics operations. Key Performance Indicators (KPIs): Inventory accuracy rate Stock-out rate Inventory turnover ratio Order fulfilment accuracy Shrinkage and wastage rate Cycle count compliance About Hireginie: Hireginie is a prominent talent search company specializing in connecting top talent with leading organizations. We are committed to excellence and offer customized recruitment solutions across industries, ensuring a seamless and transparent hiring process. Our mission is to empower both clients and candidates by matching the right talent with the right opportunities, fostering growth and success for all.