Inventory Manager & losses controller

3 - 7 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As the Inventory Manager & Losses Controller at our organization, you will be responsible for overseeing inventory management and loss prevention activities within our operations. Your role will involve managing inventory levels, implementing strategies to reduce losses, and ensuring efficient stock control. We are looking for a highly organized and detail-oriented individual with a keen eye for identifying discrepancies, streamlining processes, and collaborating with other departments to maintain optimal inventory levels and minimize financial losses. Your key responsibilities will include: Inventory Management: - Overseeing daily inventory operations, including stock levels, movement, and replenishment across all locations. - Monitoring inventory accuracy through regular audits and cycle counts. - Developing and implementing inventory control strategies to optimize stock levels and reduce waste. - Coordinating with procurement, sales, and logistics teams for timely inventory replenishment. - Preparing detailed reports on stock levels, inventory turnover, and order status. Loss Prevention & Control: - Monitoring inventory loss trends and developing action plans to minimize losses. - Conducting regular loss audits and investigations to identify causes of discrepancies. - Implementing procedures and guidelines to prevent losses in inventory handling, storage, and transportation. - Working with security and operations teams to monitor compliance with loss prevention policies. Reporting & Analysis: - Preparing and presenting monthly and quarterly inventory reports to management. - Analyzing inventory performance, loss control strategies, and operational data. - Collaborating with other departments to align inventory practices with business goals. Staff Training & Development: - Training and mentoring warehouse and inventory staff on best practices. - Conducting workshops or refresher training sessions on new processes and security measures. System & Process Improvement: - Utilizing inventory management software to track and manage stock levels. - Evaluating and recommending improvements to inventory control systems and loss prevention practices. Qualifications: - Bachelor's degree in Supply Chain Management, Business Administration, or related field. - Proven experience in inventory management, loss prevention, or supply chain management. - Strong understanding of inventory management systems, software, and stock control methods. - Previous experience in managing inventory in a city-based operation or large-scale distribution environment. - Experience in implementing loss prevention strategies and reducing inventory shrinkage. - Excellent problem-solving, organizational, analytical, communication, and interpersonal skills. - Ability to work independently, prioritize tasks, and adhere to regulatory compliance and safety standards. Preferred Skills: - Certification in inventory management or loss prevention. - Experience in advanced inventory management. - Knowledge of data analytics tools for inventory and loss analysis.,

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