Hiring - Inventory Manager - Manufacturing Industry

Job Description:

Location - Naigaon (Mumbai)
Work Time -9.30am to 6.30pm
Work Days - Monday to Saturday (1st and 3rd Saturdays off)
Week Off - Sunday
Salary – Best in Industry
Other benefits- PF, ESIC, Mediclaim, and Leaves as per company policy

🎯 Role Objective

Inventory Planning & Control

• Plan, control, and monitor inventory levels of raw materials, consumables, WIP, and finished goods.

• Ensure timely material availability as per approved production schedules and dispatch plans.

• Lead inventory optimization initiatives to minimize excess stock and reduce slow-moving/obsolete inventory.

• Improve inventory turnover and reduce carrying costs.

Cross-Functional Coordination

• Coordinate closely with Production, Purchase, Stores, and Logistics teams to align material planning and movement.

• Support seamless material flow across manufacturing and dispatch operations.

Inventory Operations & Systems

• Oversee cycle counts and periodic physical stock verification.

• Conduct variance analysis and implement corrective actions.

• Ensure accurate and real-time inventory transactions in ERP/MRP systems.

• Maintain data integrity across systems.

Warehouse & Process Management

• Implement and monitor FIFO/FEFO practices.

• Ensure effective warehousing and material handling standards.

• Track and analyze inventory KPIs including stock turns, aging, shortages, and carrying costs.

Compliance & Continuous Improvement

• Ensure compliance with ISO, QMS, and internal/external audit requirements.

• Maintain proper documentation and implement corrective actions.

• Drive cost reduction, process improvement, and continuous improvement initiatives related to inventory and supply chain efficiency.

Knowledge & Technical Skills

• Strong exposure to manufacturing inventory management.

• Hands-on experience with ERP systems (SAP / Oracle / Tally / MRP tools).

• Sound understanding of BOM, MRP, production planning, and capacity planning.

• Strong analytical and planning skills.

• Process-driven mindset with audit and compliance exposure.

• Strong stakeholder management capabilities.

Behavioral Competencies

• Excellent communication skills.

• Strong documentation and process orientation.

• Ability to handle sensitive matters with confidentiality and maturity