Role & responsibilities:

1. Inventory Management

- Monitor and control inventory levels of raw materials (flour, sugar, oil, etc.), packaging materials, and finished goods.
- Ensure optimal stock levels to support production without excess or shortage.
- Track batch-wise and expiry-wise inventory (critical for FMCG products like biscuits).

2. Stock Control & Accuracy

- Conduct regular physical stock verification and cycle counts.
- Reconcile physical vs system stock and investigate discrepancies.
- Ensure proper documentation and control for stock adjustments and variances.

3. SAP/ERP Operations

- Maintain accurate inventory records in SAP/ERP system (GRN, issue, transfers, stock postings).
- Monitor real-time inventory data and ensure system accuracy.
- Support month-end closing activities related to inventory.

4. Material Movement & Coordination

- Coordinate with production, stores, procurement, and dispatch teams for smooth material flow.
- Ensure timely issue of materials to production as per production plan.
- Manage inter-plant or warehouse stock transfers efficiently.

5. FIFO / FEFO Compliance

- Ensure adherence to FIFO (First-In-First-Out) / FEFO (First-Expiry-First-Out) principles.
- Monitor expiry risks and slow-moving inventory,



especially critical in food products.

6. Loss Control & Waste Management

- Track and report material consumption variances and wastage.
- Identify reasons for losses, damages, or pilferage and recommend corrective actions.

7. Reporting & Analysis

- Generate daily, weekly, and monthly inventory reports (stock position, aging, slow/non-moving stock).
- Provide analysis to management for decision-making and cost control.

8. Compliance & Audit

- Ensure compliance with internal controls, audit requirements, and food safety standards.
- Support internal and external audits related to inventory and stock processes.
- Product Cost knowledge must.

Skills Required:

Strong knowledge of inventory management in FMCG/manufacturing

- Experience with SAP / ERP systems
- Positive understanding of FIFO/FEFO, stock reconciliation, and material control
- Strong analytical and problem-solving skills
- Proficiency in MS Excel (reports, data analysis)
- Attention to detail and accuracy

Experience:

- SAP operating is a must,
- knowledge of FICO module preferable,
- Good communication skills,
- Advance excel knowledge is required, work experience of min 2 years

📌 Executive - Costing (MIS) (Mumbai)
🏢 Parle
📍 Mumbai