Inventory Manager

The Inventory Manager is responsible for overseeing and managing the company’s inventory operations within the FMCG sector. This includes monitoring stock levels, ensuring accurate inventory records, minimizing stock-outs and overstock situations, and implementing efficient inventory control systems to support business objectives.

Key Responsibilities:

• Inventory Planning & Control:
• Develop and implement inventory management strategies tailored to the FMCG environment.
• Monitor inventory levels and forecast demand to ensure adequate stock levels.
• Coordinate with procurement, sales, and production teams to align inventory with business needs.
• Warehouse & Stock Management:
• Oversee the receipt, storage, and dispatch of goods across multiple warehouses or distribution centers.
• Ensure optimal stock rotation (FIFO) and reduce inventory losses due to expiration, shrinkage, or damage.
• Conduct regular stock audits and cycle counts; reconcile discrepancies.
• Systems & Reporting:
• Utilize Software systems for real-time inventory tracking and reporting.
• Generate periodic inventory reports (e.g., stock aging, slow-moving items, order accuracy).
• Maintain accurate and up-to-date records of all inventory transactions.
• Team Leadership:
• Lead and train warehouse and inventory staff to maintain inventory accuracy and efficiency.
• Ensure compliance with health, safety, and regulatory standards.
• Cost Optimization:
• Identify opportunities to reduce inventory holding costs.
• Implement lean inventory practices without compromising service levels.

Qualifications & Skills:

• Bachelor’s degree in Supply Chain Management, Store/Godown
• 5+ years of experience in inventory or warehouse management, preferably in the FMCG sector.
• Strong analytical and problem-solving skills.
• Excellent organizational and leadership abilities.
• Knowledge of demand forecasting and supply planning.
• Familiarity with compliance and regulatory requirements in FMCG.

Key Performance Indicators (KPIs):

• Inventory turnover ratio
• Stock accuracy rate
• Order fulfillment rate
• Stock-out frequency
• Inventory carrying cost

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Job Type: Full-time

Pay: ₹30,000.00 - ₹50,000.00 per month

Benefits:

• Paid time off

Work Location: In person