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Bigbasket
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Inventory Manager

Inventory Manager

Bigbasket

5 - 10 years

7 - 8 Lacs

bengaluru

Posted:7 hours ago| Platform:

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Skills Required

stock management inventory management inventory planning inventory control stock planning grn lifo retail audit stock control fifo cycle count inventory reconciliation stock reconciliation inward stock register inventory analysis stock inventory stock audit

Work Mode

Work from Office

Job Type

Full Time

Job Description

. Inventory Planning & Control

Maintain accurate stock levels across categories (FMCG, perishables, non-food, etc.).
Monitor demand vs supply and ensure timely replenishment from vendors/warehouses.
Conduct regular cycle counts, stock audits, and ensure 100% WMS (Warehouse Management System) accuracy.

2. Stock Movement & Documentation

Oversee inbound (GRN, put-away) and outbound (picking, dispatch) stock processes.
Track inter-store/warehouse transfers and ensure timely documentation.
Ensure FIFO/FEFO for perishables and proper storage conditions for fresh produce, dairy, and frozen items.

3. Shrinkage & Loss Prevention

Identify and minimize stock losses due to damages, pilferage, or expiry.
Conduct root-cause analysis (RCA) for variances and implement corrective actions.
Collaborate with security and operations teams for loss prevention.

4. Vendor & Procurement Coordination

Work closely with the procurement team for timely purchase orders and replenishments.
Monitor vendor fill rates and escalate supply chain issues.
Coordinate returns for damaged or unsold goods as per company policy.

5. Reporting & Analytics

Generate MIS reports on stock status, variances, wastage, and replenishment needs.
Track key KPIs like Inventory Accuracy %, Stock Turnover Ratio, Fill Rate, and Shrinkage %.
Provide insights for demand forecasting and process improvements.

6. Compliance & Process Adherence

Ensure compliance with FSSAI and safety standards in handling food inventory.
Enforce adherence to BigBasket SOPs in storage, handling, and dispatch.
Train staff in inventory handling, hygiene, and safety protocols

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