JOB DESCRIPTION (J.D.) – PERPETUAL INVENTORY MANAGER (PIV Head)

Designation: Assistant Manager / Dy. Manager – Perpetual Inventory
Department: Stores
Reporting To: Store Head
Team Size: 3 Officers (PIV Executives)

Key Roles & Responsibilities
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%
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
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




Inventory Reconciliation & Audit

Lead:
Cycle counting
Monthly/quarterly physical verification
Ensure reconciliation of:
Book stock vs physical stock
Close audit observations within defined timelines
Loss Prevention & Cost Optimization

Monitor and control:
Pilferage
Excess consumption
Scrap generation
Identify cost-saving opportunities:
Reduction in dead stock
Inventory carrying cost optimization
Compliance & Governance

Ensure compliance with:
Internal audit requirements
SOPs and company policies
Maintain proper documentation for:
Statutory audits
Internal audits
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

Robust experti

📌 Assistant Manager Bhayla
🏢 Atul Auto
📍 Bhayla