Inventory Control Specialist (Maharashtra)

Inventory Control Specialist (Maharashtra)

02 Aug
|
SS supply chain solution
|
Maharashtra

02 Aug

SS supply chain solution

Maharashtra

Job Title Inventory Control SpecialistJob Summary Responsible for managing optimising and controlling inventory levels to support business operations efficiently Ensures accuracy of stock timely replenishment minimal stock-outs and effective coordination with procurement logistics and sales teams to meet operational targets Key Responsibilities Monitor and maintain optimal inventory levels based on business demand forecasts and historical trends Analyse inventory turnover ratios ageing and slow non-moving stock to recommend corrective actions Coordinate with procurement and supply chain teams for timely replenishment of stock Implement and improve inventory control processes including cycle counts physical verification and reconciliation Ensure accurate data entry and maintenance in ERP or inventory management systems Inventory Simulator operation Running Inventory Optimizer tools Solid Excel skills advanced formulas data analysis pivot tables scenario modelling Identify and resolve discrepancies between physical stock and system stock Support month-end and year-end inventory audits and closing activities Generate periodic reports daily weekly monthly on inventory status stock valuation and utilisation efficiency for management review Collaborate with warehouse and logistics teams to streamline inbound and outbound inventory flows Recommend process improvements for minimising carrying costs and enhancing inventory accuracy Ensure compliance with internal controls and organisational policies related to inventory management Key Skills Competencies Strong knowledge of inventory control methods FIFO LIFO ABC analysis etc Proficiency in ERP systems SAP Oracle Microsoft Dynamics or inventory management software Analytical and problem-solving skills for root-cause analysis of discrepancies Good coordination and communication skills across procurement warehouse and finance teams Ability to prepare and interpret data-driven inventory reports Attention to detail with a strong focus on accuracy and timeliness Educational Experience Requirements Bachelor s degree in Supply Chain Management Logistics Commerce or a related field 4-6 years of experience in inventory management warehouse operations or supply chain roles Certification in inventory management supply chain or materials management is an advantage Let me know if you want to tailor this for Specific sectors pharma retail manufacturing EPC auto A JD format aligned to your templates for upcoming approvals Inclusion of KPIs and appraisal metrics for role benchmarking this week

📌 Inventory Control Specialist (Maharashtra)
🏢 SS supply chain solution
📍 Maharashtra

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