Job Description: Head of Inventory

Job Title: Head of Inventory / Inventory Manager

Department: Supply Chain / Operations

Industry: Merchandise Manufacturing

Reports To: Head of Operations / COO / Director

Location: [Location]

Experience: 8–12+ years in inventory management, preferably in manufacturing/merchandise

Job Summary

We are looking for an experienced Head of Inventory to oversee the complete inventory function across raw materials, packaging materials, work-in-progress (WIP), finished goods, and other stock. The role will be responsible for maintaining optimum inventory levels, ensuring accurate stock records, minimizing inventory losses and obsolescence, and coordinating closely with procurement, production, warehouse, sales, and finance teams.

The ideal candidate should have strong experience in inventory planning, warehouse management, ERP systems, stock reconciliation, inventory controls, and team management, preferably within a merchandise manufacturing environment.

Key Responsibilities

Lead and manage the complete inventory function across raw materials, WIP, finished goods, packaging, and consumables.

Establish and maintain robust inventory control systems, processes, and SOPs.

Monitor stock levels and ensure availability of materials as per production and sales requirements.

Develop inventory plans based on production schedules, demand forecasts, lead times, and business requirements.

Set appropriate minimum, maximum, reorder, and safety stock levels.

Coordinate with Procurement and Production teams to ensure timely availability of materials.

Monitor material consumption against BOMs and approved production requirements.





Ensure accurate receipt, storage, movement, transfer, and dispatch of inventory.

Conduct regular physical stock counts, cycle counts, and periodic inventory audits.

Investigate and resolve stock variances, shortages, excesses, damages, and discrepancies.

Ensure proper identification, labeling, batch/lot tracking, and storage of inventory.

Monitor slow-moving, non-moving, obsolete, and excess inventory and develop action plans to reduce working capital.

Implement controls to minimize pilferage, damage, wastage, and inventory losses.

Ensure inventory records in the ERP/system are accurate and updated in real time.

Work closely with Finance on inventory valuation, provisions, reconciliations, and month-end closing.

Prepare and present inventory MIS and management reports, including stock ageing, inventory turnover, variances, and working-capital metrics.

Establish and monitor inventory KPIs and continuously improve inventory accuracy and efficiency.

Lead and develop the inventory and warehouse team.

Ensure compliance with company policies, safety standards, and audit requirements.

Identify opportunities for process automation and improvement in inventory management.

Key Performance Indicators (KPIs)

Inventory accuracy

Stock variance percentage

Inventory turnover ratio





Stock ageing

Slow/non-moving inventory

Inventory carrying cost

Stock-out frequency

Material availability for production

Wastage and material loss

Cycle count accuracy

Order/dispatch fulfilment

Reduction in excess and obsolete inventory

Working capital optimization

Required Skills & Competencies

Solid knowledge of inventory management and warehouse operations

Experience in manufacturing/merchandise businesses

Excellent understanding of BOM, material consumption, WIP, and finished goods

Strong analytical and problem-solving skills

Proficiency in ERP systems such as SAP, Oracle, Microsoft Dynamics, Tally, or similar

Advanced Excel/MIS reporting skills

Strong understanding of inventory reconciliation and stock audits

Good understanding of supply-chain processes

Strong leadership and team-management skills

Excellent coordination and communication abilities

Process-oriented approach with strong attention to detail

Ability to identify discrepancies and implement effective controls

Education & Experience

Bachelor's degree in Supply Chain Management, Operations, Commerce, Business Administration, or a related field.

A qualification in Inventory Management, Supply Chain, Operations, or Logistics is preferred.

8–12+ years of relevant experience, with at least 3–5 years in a supervisory/managerial inventory role.

Experience in merchandise, apparel, accessories, consumer products, gifting, lifestyle products, or other manufacturing environments will be an advantage.

Pay: ₹30,000.00 - ₹45,000.00 per month

Work Location: In person

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