Inventory Manager - Immediate Joiner

Job Purpose:

To maintain accurate inventory records, ensure timely stock movement, support stock verification processes, and assist in maintaining optimum inventory levels to ensure smooth business operations.

Key Responsibilities

1. Inventory OperationsRecord all inventory transactions accurately in the ERP/software system.

• Monitor stock receipts, issues, returns, and transfers.
• Ensure proper storage and identification of inventory items.
• Maintain stock registers and inventory documentation.

2. Goods Receiving & DispatchVerify incoming materials against purchase orders and invoices.

• Coordinate material issuance as per approved requisitions.
• Ensure proper documentation of inward and outward stock movement.
• Assist in loading, unloading, and dispatch processes.

3. Stock VerificationConduct daily stock checks and cycle counts.

• Participate in monthly and annual physical stock audits.
• Identify and report inventory discrepancies.
• Assist in reconciliation of physical stock with system records.

4. Inventory ReportingPrepare daily stock reports.

• Track fast-moving, slow-moving, and dead stock items.
• Update inventory status reports for management review.
• Maintain records of damaged, expired, or obsolete inventory.

5. System & Data ManagementUpdate inventory software/ERP on a real-time basis.

• Ensure accuracy of stock master data.
• Generate inventory reports as required.
• Maintain inventory-related records and files.

6. CoordinationCoordinate with Procurement, Accounts, Sales, and Operations teams.

• Follow up on pending receipts and stock transfers.
• Support inventory planning and replenishment activities.
• Assist management in inventory-related projects and audits.

7. Compliance & SafetyFollow company inventory SOPs and policies.

• Maintain audit-ready inventory records.
• Ensure safe storage and handling of goods.
• Support internal and external audits.

Key Performance Indicators (KPIs)Inventory Accuracy (%)

• Timely Data Entry (%)
• Stock Discrepancy Rate
• Stock Verification Compliance
• Goods Receipt Processing Time
• Inventory Record Accuracy
• Audit Findings Closure Rate