Assistant Manager, Inventory Control - India
Herbalife International India Pvt. Ltd.
Date: 1 week ago
City: Indore, Madhya Pradesh
Contract type: Full time
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
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 inventory procedures 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 counts, quarterly PI counts, and other necessary counts, in partnership with the Finance team.
- Collaborate 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 controls around inventory management by crafting processes and procedures with the Finance team.
- Adhere to internal financial controls and compliance requirements, and establish a review mechanism.
- Conduct inventory data analysis and present findings to management to showcase effective controls.
- Implement systems to ensure the consumption of near-expiry materials at sites.
- Communicate outdated and slow-moving inventory data via MIS, and assist in procurement decisions.
- Coordinate with the Finance team to build reserves and proactively plan for depleting excess stock in collaboration with the Core Manufacturing team.
- Perform other tasks as assigned by the business.
- Graduation/MBA in Inventory Management, Supply Chain Management, or Operations Management.
- Leadership and people management
- Verbal and written communication
- Data analysis and problem-solving
- Interpersonal abilities
- Emphasis on attention to detail and goal orientation
- Proactive action-taking and critical thinking
- Proficiency in MS Excel, SAP, Oracle, and ERP systems
- 5–10 years in inventory management and control
- Strong understanding of financial controls
- Experience in the Food/Nutraceutical, FMCG industry
- Experience in inventory and warehousing management
- Willingness to travel across India
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