Role & responsibilities:
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).
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.
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.
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.
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.
Loss Control & Waste Management
Track and report material consumption variances and wastage.
Identify reasons for losses, damages, or pilferage and recommend corrective actions.
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.
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:

Solid 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,
Positive communication skills,
Advance excel knowledge is required, work experience of min 2 years

📌 Executive Costing Mis Mumbai (India)
🏢 Parle
📍 India