Inventory Executive

Job Title: Executive – Inventory
Department: Factory / Inventory
Location: Pune
Reports To: Inventory Manager / Assistant Manager
Supervises: Store Assistant / Labour

Job Purpose:

To effectively assist in managing and monitoring inventory processes, ensuring accurate stock levels, timely replenishment, and efficient coordination across procurement, production, and dispatch in a lubricant and equipment manufacturing setup.

Roles & Responsibilities:1. Inventory Management

• Update and maintain inventory records in ERP/software.
• Conduct daily cycle counts and periodic physical stock verification.
• Monitor movement of raw materials, packaging items, and finished goods.
• Track re-order levels and initiate replenishment processes.

2. Coordination

• Liaise with production, purchase, and marketing teams for material requirement planning.
• Coordinate with transporters to ensure timely dispatch of goods.
• Follow up with technicians for preventive and breakdown maintenance of store equipment.

3. Documentation & Compliance

• Prepare invoices, E-Way Bills, delivery challans, and other dispatch-related documentation.
• Maintain proper filing and traceability of all dispatch records.
• Ensure adherence to safety, quality, and ISO protocols.

4. Inventory Practices & Storage

• Implement FIFO (First In First Out) and FEFO (First Expiry First Out) inventory methods.
• Ensure appropriate storage, labeling, and segregation of materials as per company standards.

5. Reporting & Analysis

• Generate reports on aging stock, slow/non-moving items, and inventory variances.
• Support stock audits and resolve discrepancies.

6. Labour & Warehouse Operations

• Supervise warehouse activities including unloading, stacking, labeling, and dispatch.
• Allocate labour based on daily workload.
• Train workers on handling drums, packaging procedures, and warehouse safety.

7. Additional Duties

• Carry out any additional responsibilities as assigned by the Production In-Charge.

Key Skills:

• Fast learner and adaptable
• Strong interpersonal and analytical skills
• Good communication and problem-solving abilities
• Time management and organizational skills
• Ability to work independently and as part of a team
• Basic mathematics and email writing skills

Compensation:

• Salary: ₹3–4 Lakh per annum (fixed)
• Benefits: Provident Fund, Life Insurance, Accident Insurance

Job Types: Full-time, Permanent

Pay: ₹300,000.00 - ₹400,000.00 per year

Benefits:

• Cell phone reimbursement
• Health insurance
• Life insurance
• Paid sick time
• Provident Fund

Schedule:

• Day shift
• Evening shift
• Monday to Friday
• Weekend availability

Supplemental Pay:

• Yearly bonus

Education:

• Bachelor's (Required)

Experience:

• Inventory management: 4 years (Required)

Language:

• Marathi (Required)
• English (Required)
• Hindi (Required)

Work Location: In person