Assistant Manager, Inventory Control - India

Overview

Position Summary Statement:

The incumbent will build a mechanism to analyze stock and maintain a clean system to ensure accurate inventory representation.

The role requires the development and successful implementation of new inventory controls in collaboration with Finance, the Controllership team, and other cross-functional teams based on business needs.

Responsibilities

• Ensure all procedures related to Inventory are strictly followed at the sites.
• Prepare schedules for cycle counts at the sites along with the Inventory and Finance teams.
• Complete all Physical Inventory counts, including Cycle Count, Quarterly PI Counts, and other necessary counts, in partnership with the Finance team.
• Collaborate closely with the Finance team to implement new controls as required.
• Reconcile stock in Herbalife and CM books with minimal variance in quarterly PI counts.
• Establish necessary controls around inventory management by crafting processes and procedures alongside the Finance team.
• Adhere to internal financial controls and compliance requirements, and establish a review mechanism.
• Conduct data analysis on inventory management and present findings to management to showcase effective controls.
• Implement systems to ensure the consumption of near-expiry materials at sites.
• Communicate information to all collaborators about outdated and slow-moving inventory within MIS, and assist in making decisions on inventory procurement.
• Coordinate with the Finance team to build reserves based on plans and inventory, and proactively plan for depleting excess stock in collaboration with the Core Manufacturing team.
• Develop procedures to manage inventory effectively and establish robust controls.
• Perform other tasks as assigned by the business.
  
  

Education

• Graduation/MBA in Inventory Management, Supply Chain Management, or Operations Management.
  
  

Skills

• Leadership and People Management
• Verbal and written communication skills
• Data analysis and problem-solving
• Interpersonal abilities
• Emphasize attention to detail and prioritize achieving goals
• Proactive action-taking and critical thinking
• Proficiency in MS Excel, SAP, Oracle, and ERP systems
  
  

Experience

• 5-10 years of experience in inventory management and control
• Strong understanding of financial controls
• Experience in the Food/Nutraceutical, FMCG industry
• Experience in inventory management, control, and warehousing management
• Willingness to travel across India
  
  

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