As a Deputy Manager in Buying for the Farm Division at Mahindra & Mahindra Ltd, you will be instrumental in sustaining and optimizing our inventory levels to ensure smooth operations across our manufacturing facilities. Your responsibilities will include monitoring and maintaining agreed-upon inventory thresholds to facilitate a consistent flow of raw materials and components from suppliers to production units.
You will actively contribute to the planning of inventory, collaborating with cross-functional teams to define optimal inventory levels and adjustment protocols. Ensuring compliance with company policies and industry-best practices will be central to your role, alongside implementing effective loss prevention measures to safeguard material assets.
Coordination with manufacturing and procurement departments will be vital to align inventory management efforts with production schedules and purchasing strategies. You will have oversight of the day-to-day activities of the Material Logistics & Liaison (MLL) staff,
providing leadership and guidance to ensure performance standards are met.
Key deliverables include:
- Developing and maintaining inventory forecasts in line with production demands and supply chain capabilities.
- Identifying potential risks in inventory supply and executing mitigation strategies.
- Driving continuous improvement initiatives to enhance inventory accuracy and reduce downtime due to material shortages.
- Maintaining strong supplier relationships to ensure timely deliveries and negotiate favorable terms.
- Reporting inventory status and analytics to senior management to inform strategic decision-making.
This role requires a proactive approach, robust analytical skills, and the ability to collaborate effectively across teams to ensure operational excellence.