Inventory Manager
Casta Lifesciences Private LimitedFixed
₹25,000 - ₹35,000
Earning Potential
₹35,000
Fixed
₹25,000 - ₹35,000
Earning Potential
₹35,000
Job highlights
Urgently hiring
11 applicants
Job Description
1. Job SummaryWe are looking for a responsible, detail-oriented, and experienced Warehouse & Inventory Manager to manage all warehouse operations, including stock receiving, stock dispatch, stock availability, inventory tracking, stock reconciliation, and accurate maintenance of all stock-related records.
The candidate will be responsible for ensuring that all incoming and outgoing stock is properly recorded, physical / digital inventory matches system records, and accurate stock data is available to management at all times.
2. Key Roles & ResponsibilitiesA. Stock Receiving (Inward Stock)
- Receive stock from suppliers, manufacturers, and other company locations.
- Verify product names, SKUs, quantities, batch numbers, expiry dates, and packaging conditions against invoices and delivery challans.
- Check for damaged, missing, incorrect, or short-delivered items.
- Prepare and maintain Goods Received Notes (GRN) for every stock receipt.
- Update all received stock in the inventory system and stock registers without delay.
- Inform management immediately about discrepancies or damaged goods.
B. Stock Out & Dispatch (Outward Stock)
- Maintain complete records of stock issued to retail stores, malls, e-commerce orders, and other destinations.
- Verify approved stock requests before dispatching any material.
- Prepare stock transfer notes, delivery challans, and dispatch records.
- Ensure the correct products and quantities are packed and dispatched.
- Record every stock movement in the system on the same day.
- Obtain confirmation of stock receipt from the receiving store or department.
- Ensure no stock leaves the warehouse without proper authorization and documentation.
C. Stock Availability & Requirement Planning
- Maintain updated stock availability reports for all products.
- Monitor fast-moving, slow-moving, non-moving, and out-of-stock items.
- Maintain minimum and maximum stock levels for each SKU.
- Prepare daily and weekly stock requirement reports.
- Identify products requiring replenishment and submit purchase or replenishment requests to management on time.
- Coordinate with the purchase team, sales team, warehouse staff, and retail outlets to avoid stock shortages.
- Track pending purchase orders, incoming shipments, and expected delivery dates.
- Highlight near-expiry, expired, damaged, and obsolete inventory.
D. Inventory Data & Record Maintenance
- Maintain accurate inventory data in Excel, Google Sheets, or the company's inventory/billing software.
- Maintain SKU-wise, product-wise, batch-wise, and location-wise stock records.
- Record all inward stock, outward stock, inter-warehouse transfers, store transfers, returns, damages, and adjustments.
- Maintain purchase invoices, delivery challans, GRNs, stock transfer notes, and other supporting documents.
- Maintain separate records for saleable, damaged, expired, returned, and blocked stock.
- Ensure all inventory records are updated regularly and are easily available for verification.
- Maintain proper product coding, barcode records, and unit-of-measure details.
E. Physical Stock Counting & Reconciliation
- Conduct daily cycle counts for selected products and regular physical stock verification.
- Perform complete stock audits as per the schedule set by management.
- Compare physical stock with system stock and identify mismatches.
- Investigate shortages, excess stock, incorrect entries, and unexplained stock movements.
- Prepare stock mismatch reports with reasons and supporting documents.
- Submit discrepancies to management immediately and obtain approval before making stock adjustments.
- Ensure accurate opening stock, closing stock, and daily stock movement records.
F. Warehouse Management
- Ensure proper storage, labelling, stacking, and identification of products.
- Maintain cleanliness, hygiene, pest-control measures, and appropriate storage conditions.
- Follow suitable food-storage practices for dry fruits, nuts, dates, figs, saffron, honey, and other food products.
- Follow FIFO (First In, First Out) and FEFO (First Expired, First Out), wherever applicable.
- Maintain batch traceability and expiry-date monitoring.
- Prevent stock damage, contamination, pilferage, and unnecessary wastage.
- Ensure efficient use of warehouse space and safe handling of goods.
G. Reporting to Management
The Warehouse & Inventory Manager must prepare and submit the following reports:
- Daily inward stock report.
- Daily outward stock and dispatch report.
- Daily closing stock and stock availability report.
- SKU-wise stock balance report.
- Daily stock mismatch and discrepancy report.
- Weekly stock requirement and replenishment report.
- Damaged, expired, returned, and near-expiry stock report.
- Pending dispatch and pending stock transfer report.
- Monthly physical stock audit and reconciliation report.
- Slow-moving and non-moving inventory report.
All reports must be accurate, complete, and submitted within the deadlines specified by management.
- 3. Authority & AccountabilityResponsible for the accuracy of warehouse inventory records and stock movement entries.
- Must not issue, transfer, or dispatch stock without proper authorization.
- Must immediately report any stock shortage, excess, damage, suspected theft, or data discrepancy.
- Must not alter inventory records or adjust stock balances without the required approval.
- Must maintain confidentiality of company stock, purchase, and inventory data.
- Must coordinate with the accounts department to resolve invoice and stock-related discrepancies.
- 4. Required Qualifications & SkillsGraduate preferred; candidates with relevant warehouse and inventory experience may also apply.
- Minimum 2–3 years of experience in warehouse management, inventory control, or stock accounting preferred.
- Good knowledge of MS Excel and inventory management software.
- Experience with SKU management, stock reconciliation, GRN, stock transfers, and dispatch documentation.
- Strong numerical, organizational, and analytical skills.
- High attention to detail and accuracy.
- Ability to prepare clear daily reports and maintain systematic records.
- Honest, disciplined, punctual, and responsible.
- Ability to coordinate with warehouse staff, accounts, purchasing, sales, and retail store teams.
5. Key Performance Indicators (KPIs)Performance will be evaluated based on:
- Inventory accuracy: Physical stock must match system records, with discrepancies investigated and reported promptly.
- Timely data entry: All stock transactions must be recorded on the same day.
- Reporting compliance: Daily, weekly, and monthly reports must be submitted on time.
- Stock availability: Timely identification of low-stock products and replenishment requirements.
- Documentation: Complete supporting records for all stock movements.
- Stock loss prevention: Effective control of damage, expiry, wastage, and unauthorized stock movement.
- Audit compliance: Timely completion of physical stock counts and reconciliation.
- Warehouse discipline: Proper storage, cleanliness, labelling, and stock rotation.
6. Daily Work ExpectationsThe employee is expected to:
- Check opening stock and pending inward/outward transactions.
- Verify and record all stock received and dispatched during the day.
- Update stock balances and product availability.
- Review low-stock items and prepare requirement lists.
- Coordinate with stores and departments regarding stock requests.
- Investigate and report any inventory discrepancies.
- Submit the complete daily warehouse and inventory report before leaving duty.
- 7. Important Employment ConditionsAll stock-related entries and reports must be genuine, complete, and accurate.
- No stock transaction may be left undocumented.
- Any suspected discrepancy or irregularity must be reported immediately to management.
- Repeated negligence, incorrect reporting, unauthorized stock movement, or failure to maintain inventory records may lead to disciplinary action in accordance with company policy and applicable law.
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The candidate should have completed Graduate degree and people who have 5 to 31 years are eligible to apply for this job. You can apply for more jobs in Delhi-NCR to get hired quickly.
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