Stock Lot In-Charge – Job Responsibilities

A Stock Lot In-Charge is responsible for managing stock lots, monitoring inventory, maintaining stock records, ensuring proper material storage, and coordinating material movement in the warehouse or store.

Key Job Responsibilities

1. Stock Management

- Maintain and monitor stock lot details.
- Ensure proper identification and segregation of stock lots.
- Monitor stock availability and stock movement.
- Avoid excess stock, shortages, and material mix-ups.

2. Inventory Control

- Maintain accurate stock registers and inventory records.
- Conduct daily, weekly, and monthly stock verification.
- Monitor FIFO (First In, First Out) and FEFO (First Expiry, First Out), where applicable.
- Identify damaged, rejected, and expired materials.

3. Material Receiving

- Check incoming materials against purchase orders and delivery documents.
- Verify quantity, quality, batch number, and lot number.
- Coordinate with the quality department for material inspection.
- Update stock records after receiving materials.

4. Material Issuing

- Issue materials according to authorized requests.
- Maintain proper issue and return records.
- Ensure correct lot and batch selection.
- Obtain necessary approvals before issuing materials.

5. Warehouse Management

- Ensure proper storage and labeling of materials.




- Maintain cleanliness and safety in the stock area.
- Arrange materials systematically for easy identification.
- Ensure proper handling and protection of materials.

6. Documentation and Reporting

- Maintain GRN (Goods Receipt Note).
- Maintain material issue and stock transfer records.
- Prepare daily stock reports.
- Maintain lot-wise inventory reports.
- Report stock discrepancies to management.

7. Team Coordination

- Supervise storekeepers and helpers.
- Coordinate with purchase, production, quality, and accounts departments.
- Ensure timely material availability for production.
- Follow company inventory procedures.

Skills Required

- Inventory management
- MS Excel and ERP/SAP knowledge
- Stock reconciliation
- FIFO and FEFO methods
- Warehouse management
- Documentation and reporting
- Team handling and communication

Daily Activities of a Stock Lot In-Charge

Activity

Responsibility

Morning

Check stock availability

Receiving

Verify incoming materials

Issuing

Issue materials as per requirements

Monitoring

Check lot-wise stock movement

Documentation

Update stock registers and ERP

Closing

Verify daily stock transactions

Reporting

Submit daily stock reports

Pay: ₹10,000.00 - ₹15,000.00 per month

Perks:

- Provident Fund

Work Location: In person

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