Role Overview / Purpose

To partner with Supply Chain, Procurement, Planning, Manufacturing, and Finance teams to drive inventory governance, working capital optimization, and annual product cost budget consolidation across India operations. The role will be responsible for inventory analytics, SLOB reduction, inventory controls, vendor return governance, and timely release of budgeted product costs to global markets. The position will play a critical role in strengthening inventory health, improving financial visibility, supporting audits, and enabling data-driven decision making.

Key Responsibilities

1. Drive inventory governance and working capital improvement by monitoring inventory health, reducing blocked stock, minimizing inventory ageing, and improving inventory turns across manufacturing sites.
2. Own SLOB management through monthly analysis of slow-moving and near-expiry inventory; identify risks, drive corrective actions, and monitor reduction initiatives in partnership with Supply Chain and plant teams.
3.



Partner with Procurement and Operations teams to improve inventory efficiency through timely return of rejected materials, optimization of stock holdings, and prevention of inventory build-up.
4. Ensure accuracy and integrity of inventory reporting through monthly reconciliations, inventory validation, quarter/year-end closure activities, and alignment with financial records and general ledger balances. Aligning with supply chain for inventory triangulation for working the budgeted cash flow.
5. Develop and publish inventory dashboards, MIS, and management reports covering inventory trends, ageing analysis, quality stock, blocked stock, provisions, and key working capital metrics.
6. Govern inventory provisioning, destruction approvals, and FG exhibit batch inventory tracking to ensure compliance, visibility, and effective inventory utilization.
7. Support internal and external audits through preparation of inventory provisions, reconciliations, sche

📌 Inventory Control (Mumbai)
🏢 Glenmark Pharmaceuticals
📍 Mumbai