Inventory Manager

Webbtree; Navi Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Webbtree in Navi Mumbai seeks an experienced Inventory Management professional to lead stock control, procurement, and storage operations for R&D stores. You will drive SAP-based material postings, monthly audits, cycle counts, and timely reporting in collaboration with Finance and Procurement.

The role requires 10–15 years in inventory control within manufacturing or prototyping environments; veterans in logistics are welcome. A Bachelor’s degree in engineering or science is preferred.

Qualifications

• Bachelor's degree in engineering, supply chain, or a related field.
• 10–15 years of experience in inventory control or stores management.
• Experience in R&D, manufacturing, or prototype environments preferred.
• Armed Forces veterans in logistics/technical/EME arms are strongly favored.

Responsibilities

• Inventory management and stock control procedures with rotation across R&D stores.
• Conduct monthly inventory audits and quarterly cycle counts.
• Reconciliation of variances and corrective action planning.
• Coordinate with central store team on PRs and manage material inward/outward.
• Prepare SAP work orders and postings; process monthly SAP consumption reports.
• Organise storage facilities, optimise space, and ensure safe handling.
• Generate monthly inventory analysis reports covering stock levels and consumption.

Skills

Inventory management

Audit & reconciliation

Cross-functional collaboration

Stock control

SAP MM/WM

MS Excel

Procurement coordination

Education

Bachelor's degree in Engineering, Supply Chain or related field

Tools

SAP MM/WM

MS Excel

Job description

Key Responsibilities

1. Inventory Management & Stock Control

• Stock Control Procedures: Implement and maintain inventory control procedures, including stock tracking and stock rotation across R&D stores.
• Monthly Inventory Audit: Conduct monthly inventory audits to verify inventory accuracy and minimize discrepancies.
• Quarterly Cycle Counts: Conduct quarterly cycle counts to check and confirm inventory status against system records.
• Reconciliation: Manage and oversee stock counts, reconcile variances, and take corrective action where discrepancies are found.

2. Procurement & Material Flow

• Purchase Requisitions: Coordinate with the central store team on Purchase Requisitions (PRs) raised, following up to clear bottlenecks.
• Material Inward & Outward: Manage material inward and outward movement, keeping accurate, real-time records.
• GRN Processing: Complete Goods Receipt Note (GRN) filing for material received from external vendors.

3. Storage Management

• Organisation & Cleanliness: Oversee the organisation and cleanliness of storage facilities.
• Space Optimisation: Optimise storage space utilisation and ensure efficient, safe material handling.

4. Reporting, Analysis & SAP Transactions

• Material Disposition: Ensure material disposition requests are filed for crashed or disposed products.
• SAP Work Orders: Prepare work orders and complete product posting in SAP for released products.
• Monthly SAP Consumption: Process SAP transactions for consumed products on a monthly basis, in consultation with Finance.
• Inventory Analysis Reporting: Produce a monthly R&D inventory analysis report covering stock levels, material velocity, and consumption patterns.

Candidate Profile & Qualifications

Education

• Degree: Bachelor's degree or higher in a relevant engineering, supply chain, or scientific discipline.

Experience

• Experience Level: 10 to 15 years of experience in inventory control, stores management, or materials/stock management, ideally within an R&D, manufacturing, or prototype environment.
• Preferred Background: Armed Forces veterans (Logistics/Technical/EME arms) are strongly preferred, given the fit with structured stock discipline and accountability.

Technical & Core Competencies

• SAP Proficiency: Working proficiency in SAP (MM/WM modules) for PR, GRN, work order, and posting transactions.
• Inventory Auditing: Practical experience with inventory auditing techniques, cycle counting, and variance reconciliation.
• Analytics Tools: Comfortable with MS Excel and other analytics tools for stock-level and consumption reporting.
• Compliance Awareness: Familiarity with relevant safety and material-handling compliance standards for sensitive electronic, mechanical, and composite components.

Soft Skills

• Strong, Influential Personality: Able to maintain accountability and stock discipline across a fast-paced R&D environment without direct authority over every stakeholder.
• Organised & Detail-Oriented: Keeps accurate records under time pressure, especially ahead of audits and cycle counts.
• Cross-functional Communication: Coordinates effectively with store, procurement, and Finance teams to keep material flow and reporting on schedule.

Key Performance Indicators (KPIs)

• Inventory Accuracy: Variance between system records and physical stock, measured at each monthly audit and quarterly cycle count.
• Reconciliation Turnaround: Time taken to investigate and close out identified stock discrepancies.
• PR/GRN Cycle Time: Average time from PR raised to GRN completion for incoming material.
• Reporting Timeliness: On-time delivery of the monthly R&D inventory analysis report and SAP consumption postings.