Executive -Stores & Inventory
D Kumar Group
- Inventory Database Management:
- Ensure accurate updates to the inventory database within 24 hours of stock movement to maintain real-time tracking.
- Record Accuracy:
- Maintain error-free inventory records with 100% accuracy, ensuring reliable data for decision-making.
- Discrepancy Investigation and Correction:
- Investigate discrepancies in inventory records and initiate corrective actions within 48 hours to resolve issues promptly.
- Inventory Reporting:
- Present monthly inventory status reports to senior management, providing insights into stock levels, discrepancies, and trends.
- SOP Updates:
- Update Standard Operating Procedures (SOPs) for inventory management and audits every six months to reflect process improvements and changes.
- Stock Record Accuracy:
- Ensure 99% accuracy in stock records compared to physical inventory counts to minimize discrepancies.
- Critical Stock Availability:
- Maintain a 100% availability rate for critical stock items, ensuring no disruptions in operations due to stock shortages.
- Order Fulfillment:
- Achieve 95% on-time and complete order fulfillment, ensuring customer satisfaction and efficient supply chain operations.
- Data Validation and Quality Control:
- Implement and maintain data validation checks for database entries to ensure the quality and integrity of inventory data.
- Inventory Cost Management:
- Monitor and control inventory holding costs to ensure they remain within the allocated budget and avoid excess costs.
- Procurement and Distribution Oversight:
- Oversee the procurement, storage, and distribution processes to ensure operational efficiency, accuracy, and timely delivery of inventory.
- Ability to create and maintain accurate inventory records and reports.
- Ability to train and mentor team members to improve operational efficiency.
- Minimum of 4-5 years of experience in inventory management, procurement, or supply chain operations, with at least 2 years in a supervisory or leadership role.
- ERP Knowledge
- Good communication skills