Sr. Inventory Executive

1 - 2 years

1 - 5 Lacs

Posted:12 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Strategic Inventory Management:

  • Develop and implement strategic inventory management policies, procedures, and controls aligned with business goals.

  • Proactively identify and address potential inventory risks and opportunities.

  • Contribute to the development of long-term inventory planning strategies.

Advanced Inventory Control and Accuracy:

  • Oversee and refine cycle count and physical inventory processes to ensure exceptional accuracy.

  • Lead investigations into complex inventory discrepancies, implement robust corrective and preventative actions.

  • Drive continuous improvement initiatives to enhance inventory accuracy and reduce losses.

  • Ensure meticulous maintenance of inventory records within the WMS or other tracking systems.

Warehouse Optimization and Flow Leadership:

  • Take a leading role in optimizing warehouse layout, storage strategies, and material flow to maximize efficiency and minimize handling.

  • Identify and implement improvements to inventory receiving, put-away, picking, and shipping processes.

Advanced Reporting and Analysis:

  • Develop and generate sophisticated inventory reports and dashboards to track key performance indicators (KPIs).

  • Conduct in-depth analysis of inventory data to identify trends, root causes of inefficiencies, and opportunities for significant cost savings.

  • Present data-driven insights and recommendations to senior management.

Team Leadership and Mentorship:

  • Potentially lead and mentor a team of inventory control staff, providing guidance, training, and performance feedback.

  • Foster a culture of accuracy, efficiency, and continuous improvement within the inventory team.

  • Delegate tasks effectively and ensure team accountability.

Compliance, Audit, and Process Improvement:

  • Ensure strict adherence to all relevant safety regulations, company policies, and audit requirements related to inventory management.

  • Lead internal and external inventory audits and implement recommendations.

  • Drive continuous improvement initiatives across all inventory-related processes.

System Expertise and Implementation:

  • Serve as a subject matter expert for the warehouse management system (WMS) and other inventory tracking tools.

  • Lead or actively participate in the implementation of new inventory management systems or upgrades.

  • Troubleshoot complex system issues and collaborate effectively with IT.

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