Store Executive

D. Kumar Group; Kamrup Metropolitan; On-site; INR 300,000 - 600,000; Full time

Job summary

D. Kumar Group is seeking an Inventory Control role to manage and optimize stock data, ensure real-time accuracy, and drive procedural improvements across procurement and distribution processes.

The role emphasizes maintaining high data integrity, updating SOPs every six months, and achieving near-perfect stock records and on-time order fulfillment to support smooth operations for internal teams and customers.

Qualifications

• Experience in managing procurement and distribution operations.
• Experience in developing and updating SOPs for inventory management.
• Ability to train and mentor team members to improve operational efficiency.
• Proficient in using data validation tools and ensuring data integrity.
• 3–5 years in inventory management, procurement or supply chain, with 2+ years in a supervisory role.

Responsibilities

• Inventory Database Management: Ensure accurate updates to the inventory database within 24 hours of stock movement to maintain real-time tracking.
• Record Accuracy: Maintain error-free inventory records with 100% accuracy, ensuring reliable data for decision-making.
• Discrepancy Investigation and Correction: Investigate discrepancies in inventory records and initiate corrective actions within 48 hours to resolve issues promptly.
• Inventory Reporting: Present monthly inventory status reports to senior management, providing insights into stock levels, discrepancies, and trends.
• SOP Updates: Update Standard Operating Procedures (SOPs) for inventory management and audits every six months to reflect process improvements and changes.
• Stock Record Accuracy: Ensure 99% accuracy in stock records compared to physical inventory counts to minimize discrepancies.
• Critical Stock Availability: Maintain a 100% availability rate for critical stock items, ensuring no disruptions in operations due to stock shortages.
• Order Fulfillment: Achieve 95% on-time and complete order fulfillment, ensuring customer satisfaction and efficient supply chain operations.
• Data Validation and Quality Control: Implement and maintain data validation checks for database entries to ensure the quality and integrity of inventory data.
• Inventory Cost Management: Monitor and control inventory holding costs to ensure they remain within the allocated budget and avoid excess costs.
• Procurement and Distribution Oversight: Oversee the procurement, storage, and distribution processes to ensure operational efficiency, accuracy, and timely delivery of inventory.

Job description

Role & responsibilities

• 
  

  1) Inventory Database Management:

  
  

  - Ensure accurate updates to the inventory database within 24 hours of stock movement to maintain real-time tracking.

  
  


• 
  

  2) Record Accuracy:

  
  

  - Maintain error-free inventory records with 100% accuracy, ensuring reliable data for decision-making.

  
  


• 
  

  3) Discrepancy Investigation and Correction:

  
  

  - Investigate discrepancies in inventory records and initiate corrective actions within 48 hours to resolve issues promptly.

  
  


• 
  

  4) Inventory Reporting:

  
  

  - Present monthly inventory status reports to senior management, providing insights into stock levels, discrepancies, and trends.

  
  


• 
  

  5) SOP Updates:

  
  

  - Update Standard Operating Procedures (SOPs) for inventory management and audits every six months to reflect process improvements and changes.

  
  


• 
  

  6) Stock Record Accuracy:

  
  

  - Ensure 99% accuracy in stock records compared to physical inventory counts to minimize discrepancies.

  
  


• 
  

  7) Critical Stock Availability:

  
  

  - Maintain a 100% availability rate for critical stock items, ensuring no disruptions in operations due to stock shortages.

  
  


• 
  

  8) Order Fulfillment:

  
  

  - Achieve 95% on-time and complete order fulfillment, ensuring customer satisfaction and efficient supply chain operations.

  
  


• 
  

  9) Data Validation and Quality Control:

  
  

  - Implement and maintain data validation checks for database entries to ensure the quality and integrity of inventory data.

  
  


• 
  

  10) Inventory Cost Management:

  
  

  - Monitor and control inventory holding costs to ensure they remain within the allocated budget and avoid excess costs.

  
  


• 
  

  11) Procurement and Distribution Oversight:

  
  

  - Oversee the procurement, storage, and distribution processes to ensure operational efficiency, accuracy, and timely delivery of inventory.

  
  

Preferred candidate profile

• 
  

  1) Experience in managing procurement and distribution operations.

  
  


• 
  

  2) Experience in developing and updating SOPs for inventory management.

  
  


• 
  

  3) Ability to train and mentor team members to improve operational efficiency.

  
  


• 
  

  4) Proficient in using data validation tools and ensuring data integrity.

  
  

Minimum of 3-5 years of experience in inventory management, procurement, or supply chain operations, with at least 2 years in a supervisory or leadership role.