
Inventory Mgr - HMD PT
- Surat, Gujarat
- Permanent
- Full-time
- Assist in formulation of Material Management plan and ensure day-to-day execution in line with function standards & regulations
- Review existing policy and SOPs, processes and make amendments as per requirement; develop processes and system forecast requirements
- Focus on continuous improvement and development of inventory control techniques & systems, cost & waste reduction, etc.
- Implement approved policies, processes, procedures and monitor their adherence so that work is carried out in a controlled manner
- Review and approve budgets for equipment purchases related to Warehouse operations, ensuring alignment with financial goals and operational needs.
- Ensure optimization of store inventory stock by planning and managing supply-demand at all times with correct inventory materials are available as per plant's requirement.
- Develop and implement strategies to effectively control inventory levels, utilizing surplus materials from various sites and coordinating material transfers as needed.
- Review stock reconciliation, stock transfer and inventory documents and ensure corrective measures wherever required. Identify and track liquidation of surplus and obsolete materials as per plans.
- Coordinate the repair of materials, including the creation of repair work orders (OGP), physical verification of materials, and then proper return of repaired items to inventory.
- Monitor store inventories on periodic basis.
- Monitor entire warehouse operations of Goods Receipt Notes, inspection, usage decision, warehousing, binning and preservation and update lead times for all maintenance, repairs, operations and direct materials.
- Ensure continuous supply and zero loss of stock or high inventory situation in pipeline. Adherence to min/max/safety & reorder levels for all materials.
- Review and present MIS reports/dashboard for inventory modeling, analysis, etc. with clear classification on various types of materials viz. insurance, stock controlled, procure to consume, slow and fast moving etc.
- Planning, execution and implementation of E2E top driven automation of custodian, control and logistics related initiatives of materials function while maintaining paperless and error free operation.
- Establish and co-ordinate good inter-departmental relationship with customer orientation.
- Oversee safety standards within the materials management process, conducting monthly, quarterly, and annual safety reviews and audits.
- Ensure compliance with all government regulations and guidelines for material handling and chemical storage.
- Align with the central material team to ensure consistent processes, procedures, and guidelines are followed across all sites.
- Conduct regular audits, including financial, statutory, legal, safety, and system audits to ensure compliance and identify areas for improvement.
- Ensure operational-level manpower planning, facilitating the smooth execution of store operations with utmost efficiency.
- Develop and execute training calendars to enhance the competency of team members, covering areas such as chemical safety, material handling, and relevant compliance procedures.
- Ensure all training parameters and goals are achieved, contributing to a skilled and capable workforce.
- Guide, mentor and develop own team to take larger and complex responsibilities.
- Evaluate training and development requirements for own team and make recommendations for learning interventions.
- Create and execute recruitment strategies for store positions to address current and future staffing needs.
- Turnaround time of receipt creation
- MRR to UT cycle time
- Bidding cycle time
- Issue to Delivery cycle time
- Annual Savings basis PR
- Outbound gate pass processing turnaround time
- Zero Safety Incidents
- Attrition %
- Understanding of Costing and Accounting process
- Knowledge of Supply Chain Management
- Understanding of Inventory and Material Management
- Knowledge of Statutory Regulations and Safety Hazards
- Planning and Decision making
- Experience of handling large teams
- SAP MM knowledge
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