Assistant Manager Stores & Inventory Excellence

Location-Delhi NCR / Rohtak (Shift working may be required)

Reporting To-Head- Central Planning & Business Support

About the Role

We are seeking an experienced Stores & Inventory professional to lead warehouse operations,

inventory governance and material availability for a large industrial manufacturing facility.

The incumbent will be responsible for ensuring optimum inventory levels, inventory accuracy, robust

reconciliation processes and implementation of best-in-class warehouse management practices. The

role demands close coordination with Procurement, Maintenance, Operations, Sales, Finance and

Administration to ensure uninterrupted plant operations while optimizing working capital tied up in

inventory.

This is a leadership role responsible for driving operational excellence, inventory optimization and

continuous improvement across the stores function.

Key Responsibilities

Stores & Warehouse Operations

- Lead day-to-day operations of Central Stores.

- Ensure timely receipt, storage, preservation and issue of materials.

- Maintain accurate identification, codification and traceability of inventory.

- Implement best practices in warehouse layout, storage systems and material handling.

- Ensure compliance with FIFO, FEFO and appropriate preservation practices.

- Drive 5S, visual management and housekeeping standards within the stores.

- Ensure safe handling and storage of all materials.

Inventory Control & Reconciliation

- Maintain high inventory accuracy through robust reconciliation processes.

- Conduct cycle counts, periodic stock verification and annual physical inventory.

- Monitor and reduce slow-moving, non-moving and obsolete inventory.

- Drive inventory ageing analysis and corrective action plans.

- Optimize inventory levels without compromising plant reliability.

- Ensure timely closure of inventory discrepancies.

- Maintain complete audit trails and documentation

SAP & Digital Inventory Management

- Ensure accurate SAP transactions for Goods Receipt, Material Issue, Material Transfer,

Reservations and Inventory Adjustments.

- Maintain material master data integrity.

- Generate daily, weekly and monthly MIS reports.

- Develop inventory dashboards using Microsoft Excel and PowerPoint.

- Support implementation of digital tools such as barcode systems, QR codes, RFID and warehouse

automation where applicable.

Audit & Compliance





- Lead internal and external stores audits.

- Ensure compliance with company policies and inventory control procedures.

- Maintain audit readiness at all times.

- Ensure documentation complies with statutory and organizational requirements.

Cross Functional Coordination

Work closely with:

- Procurement

- Operations

- Maintenance

- Sales

- Finance

- Administration

to ensure seamless material availability, inventory optimization and efficient business operations.

Material Knowledge

Working knowledge of:

- Mechanical spare parts

- Electrical spare parts

- Bearings

- Gearboxes

- Motors

- Pumps

- Hydraulic and pneumatic components

- Conveyor equipment

- Industrial consumables

- Fasteners

- Lubricants

- Welding consumables

- Safety items

- Tools and tackle

Knowledge of the application and criticality of industrial spare parts will be an advantage.

Commercial Knowledge

Good understanding of:

- Purchase Orders

- Goods Receipt Notes (GRN)

- Material Issue processes

- Vendor documentation

- Invoice verification

- Basic GST implications

- Commercial terms related to procurement and sales

- Inventory valuation concepts

Team Leadership

- Lead, mentor and develop the stores team.

- Manage a team of at least five direct reports.

- Allocate work, monitor performance and build team capability.

- Foster a culture of discipline, ownership and continuous improvement.

Qualification

- Graduate in any discipline from a recognized university.

- Qualification or certification in Materials Management, Supply Chain Management, Warehouse

Management or Inventory Management will be an added advantage.

- Strong understanding of industrial mechanical and electrical spare parts is essential.

Experience

- Minimum 10 years of total industrial experience.

- Minimum 3 years as a Stores Incharge / Stores Lead / Warehouse Lead.

- Experience managing annual spare parts and consumables issuance of 10 Crore or more.

- Experience leading a team of at least five direct reports.





- Experience handling MRO spare inventories in a manufacturing setting.

- Hands-on experience with SAP-based inventory management systems.

- Experience supporting 247 manufacturing operations will be preferred.

Technical Competencies

- Warehouse Management

- Inventory Control

- Inventory Reconciliation

- Cycle Counting

- Physical Verification

- Inventory Ageing Analysis

- ABC, VED, FSN and XYZ Analysis

- Min-Max Inventory Planning

- Safety Stock Management

- MRO Inventory Management

- Material Codification

- Preservation Techniques

- Warehouse Layout Optimization

- SAP MM

- Microsoft Excel (Advanced)

- Microsoft PowerPoint

- MIS Reporting and Data Analytics

Behavioural Competencies

- Strong leadership and people management skills.

- Excellent analytical and problem-solving ability.

- High attention to detail and process discipline.

- Effective communication and stakeholder management skills.

- Technology-savvy with a continuous improvement mindset.

- High integrity, ownership and accountability.

- Flexibility to work in shifts when required.

Key Performance Indicators (KPIs)

- Inventory Accuracy (%)

- Inventory Reconciliation Compliance

- Stock Availability / Service Level

- Inventory Turnover Ratio

- Reduction in Slow-moving and Obsolete Inventory

- Inventory Ageing Performance

- Audit Compliance Score

- SAP Transaction Accuracy

- Material Issue Turnaround Time

- Warehouse 5S Compliance

- Working Capital Optimization

- Team Productivity and Capability Development

Preferred Industry Background

Candidates with experience in one or more of the following industries will be preferred:

- Steel

- Metal Recycling

- Mining

- Cement

- Power

- Heavy Engineering

- Capital Equipment Manufacturing

- Material Handling Equipment

- Industrial Machinery Manufacturing

- Process Industries

- EPC Companies

- Large Manufacturing Plants

Experience in organizations with SAP-based inventory management systems and large MRO spare

inventories will be highly preferred.

Career Progression

The role offers a structured career path into Manager – Stores & Inventory Management, with future

opportunities in Materials Management, Supply Chain Management, stores Excellence, and

Integrated Procurement & Inventory Leadership. The incumbent will play a key role in driving

inventory optimization, stores modernization and operational excellence across the organization.

📌 Store Manager (Haryana)
🏢 IT-SCIENT
📍 Haryana