- Responsible for inventory turns, write-off, and health of inventory based upon inventory aging reports.
- Run MRP in ERP / Excel and track shortage/excesses in inventory ongoing basis & escalate to reduce emergencies.
- Manage MRP exception messages to optimize inventory & avoid low stock and overstock.
- To ensure all master data in ERP is accurate and updated
- Responsible for setting inventory parameters, inventory norms/targets, and maintaining as per the norms.
- Work closely with Demand Planner & convert demand plans into an operating plan for Mfg and Procurement
- Design and implement an inventory tracking system to optimize inventory control procedures.
- Examine the levels of supplies and raw material to determine shortages
- Prepare detailed reports on inventory operations, stock levels, and adjustments
- Perform daily analysis to predict potential inventory problems
- Heading and coordinating all processes related to physical verification of inventory
Desired Candidate Profile and Skills Required :
- 8-10 years of experience with Inventory Management
- Hands-on experience of SAP (Materials and Inventory modules ) is a must
- Experience in Purchase & Manufacturing will be desired
- BCom/CA/BE/MBA with sharp analytical skills, play with data, and decision-making ability
- Must be proficient in excel
- Positive attitude and dependable team player
- Strong attention to detail and ability to lead a small team
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