Designation: Assistant Manager / Dy. Manager – Perpetual Inventory
Department: Stores
Reporting To: Store Head
Team Size: 3 Officers (PIV Executives)
Key Roles & Responsibilities
1. Real-Time Inventory Control (PIV System)
Ensure 100% real-time inventory accounting across:
Raw materials (steel, rubber, aggregates)
Bought-out components (engine, axle, tyres, battery)
Work-in-Progress (WIP – chassis, body assembly stages)
Finished Goods (vehicles)
Implement and monitor Perpetual Inventory Verification (PIV) system
Ensure system vs physical stock accuracy > 99%
2. System & Process Management
Ensure all inventory transactions are recorded in SAP/ERP in real-time
Monitor:
GRN (Goods Receipt Note)
Issue to production
WIP movement
FG receipt and dispatch
Define and update SOPs for inventory handling
3. MIS & Reporting
Review and approve reports generated by team:
Daily stock statement
Inventory aging
Slow/non-moving items
Stock variance report
Present MIS to management with actionable insights
4.
Inventory Reconciliation & Audit
Lead:
Cycle counting
Monthly/quarterly physical verification
Ensure reconciliation of:
Book stock vs physical stock
Close audit observations within defined timelines
5. Loss Prevention & Cost Optimization
Monitor and control:
Pilferage
Excess consumption
Scrap generation
Identify cost-saving opportunities:
Reduction in dead stock
Inventory carrying cost optimization
6. Compliance & Governance
Ensure compliance with:
Internal audit requirements
SOPs and company policies
Maintain proper documentation for:
Statutory audits
Internal audits
7. Team Leadership
Supervise and guide 3 PIV Officers
Allocate responsibilities and review performance
Train team on:
SAP usage
Inventory best practices
Key KPIs
Inventory Accuracy 100 %
Stock Turnover Ratio
Inventory Carrying Cost
Slow/Non-moving Inventory explicit Every Qtr 100%
Audit Compliance Score 100%
Required Skills
Strong experti
📌 Assistant Manager (Bhayla)
🏢 Atul Auto
📍 Bhayla
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