Role & responsibilities

A. Inventory and Stock Management

- Maintain accurate inventory records for raw materials, semi-finished goods, finished goods, consumables, and packing materials across all factories and warehouse locations.
- Record and monitor all stock receipts, issues, transfers, returns, and adjustments in the ERP system on a daily basis.
- Ensure inventory transactions are entered accurately and promptly to maintain real-time stock visibility.
- Reconcile physical stock with ERP records and investigate discrepancies.
- Monitor stock levels and report shortages, excess inventory, slow-moving materials, and obsolete stock to management.
- Verify supporting documents for inward and outward stock movements and maintain proper records.
- Coordinate with Production, Purchase, Stores, Dispatch, and Accounts departments to ensure inventory accuracy.

B. Stock Conversion and ERP Transactions

- Record and validate stock conversion entries in ERP for all manufacturing units.
- Monitor the conversion of raw materials into semi-finished and finished goods based on approved production records.
- Ensure accurate accounting of material consumption, production output, wastage, and by-products.
- Verify units of measurement, quantities, and stock valuations during all conversion processes.
- Review and validate conversion entries to eliminate duplicate, incorrect, or unauthorized transactions.
- Maintain complete documentation supporting inventory conversion and production activities.

C. Inventory Reconciliation and Control





- Conduct periodic stock reconciliation between physical inventory and ERP balances.
- Investigate inventory variances and coordinate corrective actions with relevant departments.
- Perform cycle counts and support annual stock verification exercises.
- Monitor inter-factory and warehouse stock transfers and ensure receipt and dispatch quantities are accurately accounted for.
- Maintain effective inventory control procedures to minimize stock discrepancies and inventory losses.

D. Reporting and Analysis

- Prepare daily, weekly, monthly, and periodic inventory reports for all locations.
- Generate reports on stock balances, stock movements, material consumption, production output, and inventory valuation.
- Prepare consolidated inventory reports for management review.
- Analyze inventory trends and highlight slow-moving, non-moving, excess, and shortage stock.
- Provide inventory-related information and reports to Finance, Audit, and Management teams as required.
- Maintain inventory dashboards and MIS reports for effective decision-making.

E. Audit and Compliance

- Maintain inventory records in compliance with company policies and audit requirements.
- Support internal, statutory, and external audits by providing accurate inventory records and supporting documentation.
- Ensure adherence to inventory control procedures and established documentation standards.
- Assist in implementing process improvements to strengthen inventory accuracy and operational efficiency.

📌 Senior Executive - Stock and Inventory (Pollachi)
🏢 Remmy Substrates
📍 Pollachi