Job Title : Head - Inventory (SCM )

Job Location: Bangalore

Qualification : BE with MBA with experience in Retails (Offline & Online) & FMCG ( Grocery category)

Experience: 15 - 20 years of relevant experience in Retail/FMCG ( Grocery).

Salary : INR 25 - 35 (Variable also part)

Job summary :

- Inventory Head responsibilities

- Meeting inventory goals, managing tracking systems and acting as a liaison to other departments

- Ensure accurate product inventory across locations

- Develop an inventory tracking system to streamline our business operations

- Communicate with our Warehouse Manager about current stock and potential issues with inventory

- Conduct daily analyses to forecast potential inventory issues

- Report on inventory activities and variances

- Assess new inventory to ensure it is ready for shipping or delivery

- Develop and implement inventory control procedures and best practices

- Asset Inventory management

- Experience in online and Physical store stock management and loss prevention

- Handling larger team Pan India level (Multi locations mandatory)

- Grocery retail experience with Inventory management (Mandatory)

- Supply chain management experience (Inbound, Outbound and Inventory)

- Stock management and shrinkage control (Write-off , FEFO, Stock variance etc.)

- Planning on Inventory Audits for multi-locations

- Business analytics skills on cost control

- Process adherence on Inventory

- Process knowledge / Process audit score monitoring for Pan India

- Effective training and monitoring on process

- Driving team productivity across the locations for cost control

- Data analysis for all stock variances for all lines of business

- High level focus on customer experience metrics (Fill rate, customer complaints, Process audit)

- Monitoring team performance through review mechanism across Pan India

- Interview and select the right people across business lines in India

- Weekly monthly review mechanism

- Monthly, quarterly and yearly rewards and recognition

- Overall monitoring on all incoming and outgoing stock, deliveries

- Monitor stock levels and carry out periodic stock takes all business functions.

- Knowledge in doing planograms to change locations depending on business requirement and planogram standardization.

- Interview prospective employees and train new staff members.

- Record all stock movement and deliveries in database and prepare regular reports.

- Inventory Audit Reconciliations and MIS Reports.

- TO / TI reconciliations and need strong control on GIT (goods in transit).

- Reduction in Damages & Expiries.

- Overall control of Distribution Centers' & 5K Inventories.

- Ensuring stock checks (weekly & monthly).

- Perpetual Inventory - All LOB's.

- Preparation of daily, weekly, and monthly management reports.

- Preparation of presentations to provide information to different levels of management teams and external people.

- Fraud assessments & reduction across all business functions.

- Compliance Audit.

- Shrinkage, Dump, Damages & Expiries control / reporting all business functions.

- Reduction in pilferage / shrink levels all business functions.

- Location wise asset ownership - recording, reconciliation, Periodic verification.

- Trained and mentored regional staffs in tasks including receipting, restocking, documentation.

- Conduct regular review mechanism with Inventory Managers on the process auditing conducted.

- Inventory Head qualifications and skills

- MBA specialised in SCM is preferred with good Institute

- 15+ years' experience in inventory, distribution, and operational procedures

- Able to multi-task and work independently

- Proven leadership skills

- Excellent written and verbal communication skills

- In-depth understanding of distribution workplaces

- Inventory training an asset

- Planning of inventory Audits

- Candidate Must Haves:

- Min 15+ years of Warehouse Operations, Supply chain Management, Inventory Management.

- This is a National position ,Candidate must have experience of handling multiple locations - currently 50 locations at least.This is a Purely handling of the inventory role.

Key Result Areas :

- Customer fill rates - inventory fill rates - order fulfilment

- Identifying the problem & addressing it

- Inventory accuracy of all the business units

- Avoid Inventory losses - actioning timely on the inventory losses.

- Customer complaints metrics - shelf life; wrong products delivered; expired products delivered; quality issues - all these needs to be addressed & actioned on.

- Analysis, presentation & good communication

- Willing to work 6 days a week & 15 days a month travel

- Team size - direct - 5 to 10 Managers/Ass.Managers/Sr.Managers reporting to this role & indirect reportees of 100+ people

- MUST have Analytical tool experience as Company uses ERP (inhouse & External tools). Data has to be analyse.

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