Inventory Executive

Kaabil; Bengaluru; On-site; INR 700,000 - 1,200,000; Full time

Job summary

Kaabil in Bengaluru is looking for a Procurement Manager to ensure the uninterrupted supply of quality materials. Responsibilities include procurement planning, supplier management, and monitoring inventory levels to prevent shortages.

The ideal candidate should have strong negotiation skills, experience in supplier evaluation, and a solid understanding of inventory management and procurement strategies.

Qualifications

• Experience in procurement planning and supplier management.
• Strong negotiation and analytical skills.
• Ability to work with ERP systems and compliance documentation.

Responsibilities

• Ensure timely procurement of raw materials and consumables.
• Evaluate and develop supplier relationships.
• Monitor inventory levels to avoid shortages.

Skills

Supplier evaluation

Negotiation skills

Inventory management

Cost reduction strategies

Job description

Purpose
To ensure uninterrupted supply of quality materials at competitive prices while
maintaining optimum inventory levels.

Key Responsibilities

Procurement Planning

• Review Annual Sales Plan and Monthly Sales Plan – and prepare Raw material Plan based on the same
• Continuously monitor the Sales Plans in order to adjust to Order Pull-ins and push-outs
• Review production plans and inventory levels and ensure raw material procurement is completed well-in-time.
• Procure raw materials, bought-out items, consumables and packaging materials on time.
• Maintain safety stock for critical materials.

Supplier Management

• Identify, evaluate and develop suppliers, on 2+1 Vendor per Part model
• Obtain quotations and negotiate commercial terms.
• Develop alternate sources for critical materials.
• Monitor supplier performance.
• Raise and monitor Purchase Orders.
• Follow up supplier deliveries.
• Expedite delayed orders.
• Resolve supply and quality issues.
• Achieve cost reduction through negotiations and sourcing strategies.
• Monitor market pricing and availability.
• Coordinate with Stores and Production.
• Monitor slow-moving and non-moving inventory.
• Avoid stock shortages and excess inventory.
• Purchase Requisitions (PR).
• Purchase Orders (PO).
• Supplier Quotation Records.
• Comparative Statements.
• Supplier Evaluation Reports.
• Supplier Follow-up Reports.
• Cost Saving Reports.
• Approved Supplier List.
• Procurement MIS Reports.

KPIs

• Material Availability
• Supplier On-Time Delivery
• Cost Savings Achievement
• Lead Time Reduction
• Supplier Quality Performance
• Inventory Turnover
• Alternate Source Development
• Emergency Purchase Reduction
• Documentation & ERP Compliance