Assistant Manager, Inventory Control - India

Position Summary Statement:

The incumbent will build a mechanism to analyze stock and maintain a clean system to ensure accurate inventory representation.

The role requires the development and successful implementation of new inventory controls in collaboration with Finance, the Controllership team, and other cross-functional teams based on business needs.

Responsibilities:

• Ensure all inventory procedures are strictly followed at the sites.

• Prepare schedules for cycle counts at the sites along with the Inventory and Finance teams.

• Complete all physical inventory counts, including cycle counts, quarterly PI counts, and other necessary counts, in partnership with the Finance team.

• Collaborate with the Finance team to implement new controls as required.

• Reconcile stock in Herbalife and CM books with minimal variance in quarterly PI counts.

• Establish controls around inventory management by crafting processes and procedures with the Finance team.

• Adhere to internal financial controls and compliance requirements, and establish a review mechanism.

• Conduct inventory data analysis and present findings to management to showcase effective controls.

• Implement systems to ensure the consumption of near-expiry materials at sites.

• Communicate outdated and slow-moving inventory data via MIS, and assist in procurement decisions.

• Coordinate with the Finance team to build reserves and proactively plan for depleting excess stock in collaboration with the Core Manufacturing team.

• Perform other tasks as assigned by the business.

Education:

• Graduation/MBA in Inventory Management, Supply Chain Management, or Operations Management.

Skills:

• Leadership and people management

• Verbal and written communication

• Data analysis and problem-solving

• Interpersonal abilities

• Emphasis on attention to detail and goal orientation

• Proactive action-taking and critical thinking

• Proficiency in MS Excel, SAP, Oracle, and ERP systems

Experience:

• 5–10 years in inventory management and control

• Strong understanding of financial controls

• Experience in the Food/Nutraceutical, FMCG industry

• Experience in inventory and warehousing management

• Willingness to travel across India