Inventory Manager

INVENTORY MANAGER

Location: [Ernakulam]

Job Type: Full-time

Job Summary

We are seeking a detail-oriented and motivated INVENTORY MANAGER to manage our material sourcing and inventory processes. The ideal candidate will be responsible for the end-to-end purchasing cycle, ensuring timely and cost-effective acquisition of materials while maintaining accurate stock records.

Key Responsibilities

• Material Purchasing:
• Execute the timely and efficient purchasing of raw materials, components, and services based on production needs and inventory levels.
• Prepare and process purchase orders and requisitions.
• Supplier Management & Quotations:
• Identify, evaluate, and establish strong, long-term relationships with reliable suppliers and vendors.
• Initiate and manage the process of getting quotations from suppliers for required materials.
• Maintain an updated database of suppliers, pricing, and material specifications.
• Negotiation & Finalization:
• Conduct effective and strategic negotiating with suppliers on price, delivery terms, and payment schedules to secure the best value.
• Handle the finalization of purchases, ensuring all contractual and legal requirements are met.
• Inventory & Stock Control:
• Oversee and perform accurate stock updation in the godown (warehouse) and inventory management system.
• Monitor stock levels to prevent shortages or overstocking, and coordinate with the storekeeper/warehouse team.
• Conduct periodic physical stock verification and reconciliation.
• Documentation & Reporting:
• Maintain comprehensive records of all procurement activities, including quotes, purchase orders, delivery notes, and invoices.
• Prepare regular reports on cost savings, purchasing trends, and supplier performance.

Qualifications and Skills

• 3 to 4 years of proven experience in a Procurement, Purchasing, or Supply Chain role.
• Strong knowledge of purchasing processes, inventory control.
• Excellent negotiation and communication skills (both written and verbal).
• Proficiency in [Specify Software, e.g., ERP systems, Microsoft Excel, Tally, etc.].
• High level of accuracy and attention to detail.

Job Type: Full-time

Pay: ₹20,000.00 - ₹25,000.00 per month

Work Location: In person