06 Sep
|
Genesis Poweronics India
|
Hyderabad
06 Sep
Genesis Poweronics India
Hyderabad
Job Description
Role Overview
We are seeking a detail-oriented and proactive Inventory Management Executive to oversee and optimize our inventory operations. This role involves maintaining accurate stock records, forecasting demand, managing stock movements, and coordinating across departments to ensure timely availability of goods. The ideal candidate will have strong analytical skills, positive organizational ability, and experience with inventory systems.
Key Responsibilities
Inventory Monitoring & Control
Maintain accurate inventory records (incoming, outgoing, transfers)
Conduct regular cycle counts, stock audits, and reconciliation of physical vs system quantities
Identify and investigate discrepancies, shrinkage, or obsolescence
Forecasting & Replenishment
Analyze sales trends, seasonal patterns, and business forecasts to predict inventory needs
Decide reorder points, safety stock levels, and lead time buffers
Initiate purchase requisitions or orders when stock levels approach thresholds
Stock Movement & Warehousing
Coordinate with warehouse/operations team for receipt,
storage, and dispatch of items
Ensure proper labeling, storage location management, and optimal space utilization
Facilitate internal transfers between locations or departments
Supplier & Vendor Coordination
Liaise with procurement/vendor teams to ensure timely deliveries and manage lead times
Follow up on delayed or missing shipments
Provide input on vendor performance and suggest improvements
Reporting & Analysis
Generate reports on stock levels, turnover, aging, and stock utilization
Monitor key metrics such as stock-to-sales ratio, carrying cost, stockouts
Present inventory insights and recommendations to management
Process Improvement & Policy
Develop and refine inventory control procedures, SOPs, and best practices
Identify bottlenecks or inefficiencies and suggest corrective actions
Assist in implementing inventory management software enhancements or system upgrades
Collabor
📌 INVENTORY MANAGEMENT EXECUTIVE (Hyderabad)
🏢 Genesis Poweronics India
📍 Hyderabad