Department: Stores & Inventory Management
Location: Manufacturing Plant
Industry: Oil & Gas Equipment Manufacturing
Reporting To: Plant Head Operations Head

Qualification

- B.E. B.Tech in Mechanical Engineering or
- MBA in Supply Chain Management Materials Management
- Additional certifications in Inventory Management, SAP/ERP, Lean Manufacturing, or Supply Chain Management will be an added advantage.

Experience

- Minimum 15 years of experience in Store Management within the Oil & Gas Equipment Manufacturing Industry.
- Extensive experience in handling Bought-Out Items (BOI), raw materials, consumables, project materials, and engineering components.
- Experience in ERP-based inventory management systems.
- Knowledge of API standards 6A product

Job Purpose

To lead and manage all store operations, ensuring efficient receipt, storage, preservation, inventory control, and timely issuance of materials required for production and project execution. The role is responsible for maintaining optimum inventory levels, ensuring inventory accuracy, and supporting uninterrupted manufacturing operations.

Key Responsibilities

Store Operations Management

- Manage overall store activities including receipt, inspection coordination, storage, preservation, issuance, and dispatch of materials.
- Ensure proper material identification, traceability, and storage practices.
- Establish and maintain systematic storage layouts for effective material handling.
- Ensure compliance with company procedures, customer requirements, and quality standards.

Inventory Management

- Monitor inventory levels and maintain optimum stock as per production and project requirements.
- Control inventory carrying costs while ensuring material availability.
- Conduct periodic inventory audits, cycle counts, and annual stock verification.
- Minimize excess, obsolete, and non-moving inventory.




- Monitor inventory accuracy and maintain inventory records in ERP.

Bought-Out Item (BOI) Management

- Manage receipt, storage, tracking, and issuance of all bought-out items used in oil & gas equipment manufacturing.
- Coordinate with procurement, quality, and production teams to ensure timely availability of BOI materials.
- Maintain complete traceability and documentation of critical BOI items.
- Ensure proper preservation and handling of imported and customer-specified materials.

ERP & Documentation Control

- Ensure timely GRN generation and material inward processing.
- Maintain accurate inventory transactions in ERP systems.
- Monitor pending GRNs, stock transfers, material returns, and inventory reconciliations.
- Ensure proper documentation and record maintenance for audits and customer requirements.

Coordination & Planning

- Coordinate with Purchase, Production Planning, Quality, Logistics, and Project teams.
- Support production schedules by ensuring timely material availability.
- Participate in production planning meetings and review material shortages.
- Coordinate with vendors and procurement teams for urgent material requirements.

Team Management

- Lead, train, and develop store personnel.
- Allocate responsibilities and monitor team performance.
- Ensure discipline, productivity, and adherence to safety practices within the stores department.
- Conduct regular skill development and operational reviews.

Compliance & Audit Management

- Ensure compliance with ISO, API, customer,



and statutory requirements.
- Support internal, external, customer, and certification audits.
- Maintain records related to inventory, traceability, calibration status, and material certifications.
- Implement corrective and preventive actions related to store operations.

Safety & Housekeeping

- Ensure implementation of 5S and safe material handling practices.
- Maintain proper housekeeping and storage conditions.
- Ensure compliance with EHS policies and safe working procedures.
- Monitor storage of hazardous and special materials as per applicable standards.

Key Performance Indicators (KPIs)

- Inventory Accuracy 99%
- On-Time Material Availability 98%
- GRN Processing within 24 Hours of Material Receipt
- Reduction in Non-Moving and Obsolete Inventory
- Stock Variance 1%
- ERP Transaction Accuracy 99%
- Zero Production Loss Due to Material Non-Availability
- Completion of Monthly Inventory Reconciliation on Time
- Successful Closure of Audit Observations within Target Dates
- Compliance with Safety and 5S Standards

Required Competencies

Technical Competencies

- Inventory Control & Warehouse Management
- Bought-Out Item Management
- Material Traceability
- ERP/SAP Operations
- Supply Chain & Logistics Management
- Oil & Gas Equipment Manufacturing Knowledge
- Production Planning Coordination
- Vendor and Material Management

Behavioral Competencies

- Leadership & Team Management
- Planning & Organizing
- Analytical Thinking
- Problem Solving
- Communication & Coordination
- Decision Making
- Cost Control Orientation
- Result-Oriented Approach

Preferred Industry Exposure:

Manufacturing of Oil & Gas Equipment, Pressure Vessels, Wellhead Equipment, Valves, Process Equipment, API Products, Precision Machined Components, or Heavy Engineering Industries.

📌 Manager - Stores (Maharashtra)
🏢 Parveen Industries
📍 Maharashtra