Stock Analyst (India)

Stock Analyst (India)

31 Aug
|
Thermostat and Controls
|
India

31 Aug

Thermostat and Controls

India

Key Responsibilities1. Stock & Inventory Management

- Maintain accurate records of raw materials, components, finished goods, and other inventory.
- Monitor daily stock levels and identify shortages, excess stock, slow-moving, and obsolete materials.
- Conduct regular physical stock verification and reconciliation with system records.
- Investigate and report stock discrepancies and take corrective action.
- Ensure proper identification, labeling, storage, and traceability of materials.
- Maintain minimum/maximum stock levels as defined by the company.

2. Incoming Material Control & Inspection

- Coordinate receipt of incoming materials from suppliers.
- Verify material quantity against Purchase Order, Delivery Challan, and system records.
- Coordinate with the Quality team for incoming material inspection.
- Ensure inspected/approved materials are properly updated in the system and moved to the appropriate storage location.
- Segregate and track rejected, damaged, or non-conforming materials.
- Maintain records of inspection status and material acceptance/rejection.

3. Outgoing Material & Production Issue

- Control material issuance to the production line as per production requirements/BOM.
- Verify material quantity and part numbers before issuing material to production.
- Record all material issues, returns, transfers, and adjustments in the ERP/system.
- Ensure FIFO/FEFO principles are followed wherever applicable.
- Monitor material consumption against production orders and identify abnormal consumption.
- Coordinate with Production and Planning teams to ensure uninterrupted material availability.

4. Production Line & System Checks

- Monitor material availability and movement on the production line.
- Check system transactions for material receipt, issue, transfer, return, and consumption.
- Ensure physical material movement matches ERP/system transactions.
- Verify production orders, material requirements, and line-side stock.
- Identify system errors, incorrect transactions,



or quantity mismatches and coordinate for correction.
- Maintain proper traceability of materials from receiving through production.

5. Inventory Analysis & Reporting

- Prepare daily/weekly/monthly stock and material movement reports.
- Track opening stock, receipts, issues, returns, closing stock, and variances.
- Analyze inventory discrepancies and prepare variance reports.
- Provide stock status reports to Production, Planning, Purchase, and Management.
- Monitor stock aging and highlight slow-moving/excess inventory.
- Support monthly and annual physical inventory/counting activities.

6. Coordination

- Coordinate with Production, Quality, Purchase, Planning, Stores, Warehouse, and Finance departments.
- Follow up on material shortages and urgent production requirements.
- Coordinate with Quality for rejected/hold materials.
- Support Purchase/Planning teams by providing accurate stock availability and consumption information.
- Escalate critical stock shortages, discrepancies, and system issues to the concerned department.

Key Performance Indicators (KPIs)

- Inventory accuracy / physical vs. system accuracy
- Material shortage incidents
- Material issuance accuracy
- Incoming material inspection turnaround time
- Production line material availability
- Inventory variance and adjustment levels
- ERP/system transaction accuracy
- Slow-moving and excess inventory control
- Timeliness and accuracy of stock reports

Required Skills

- Positive knowledge of inventory and material management.
- Understanding of incoming/outgoing material processes.
- Basic knowledge of material inspection and quality procedures.
- Good knowledge of ERP/MRP systems and inventory transactions.
- Strong MS Excel skills, including filters, Pivot Tables, VLOOKUP/XLOOKUP, and basic data analysis.
- Good analytical and problem-solving skills.
- Strong attention to detail and accuracy.
- Good coordination and communication skills.
- Ability to work under production deadlines.
- Knowledge of FIFO/FEFO and material traceability.

Pay: ₹10,000.00 - ₹12,000.00 per month

Work Location: In person

📌 Stock Analyst (India)
🏢 Thermostat and Controls
📍 India

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