Stores Member

Solar Industries India; Hyderabad; On-site; INR 350,000 - 650,000; Full time

Job summary

Solar Industries India in Hyderabad is seeking an Inventory and Procurement professional to manage receiving, storing, issuing, and records, while ensuring compliance with policies and SOPs. You will coordinate with stakeholders and optimize stock levels for cost savings.

Responsibilities include end-to-end procurement from indent to PR, sourcing electronic components from approved suppliers, evaluating quotes, posting GRN, and maintaining accurate data.

Qualifications

• Experience in inventory management and procurement processes.
• Proficiency in SAP MM module is preferred.
• Strong Excel and data management skills expected.
• Vendor coordination and relationship management experience desirable.

Responsibilities

• Manage store operations and maintain optimum inventory levels for cost savings.
• Oversee procurement from indent receipt to PR creation and verify PR details.
• Procure electronic components from approved distributors.
• Coordinate with technical team to resolve component queries.
• Obtain and evaluate vendor quotations, track procurement from initiation to delivery.
• Follow up on indents, quotations, POs, and deliveries to minimize delays.
• Maintain GRN postings and material transfers; reinforce FIFO processes.
• Ensure proper stock storage, space allocation, and asset records.

Skills

SAP MM

MS Excel

Inventory management

Vendor relationship management

Planning & organizing

Ability to work under pressure

Tools

MS Excel

Job description

Role & responsibilities

Managing all aspects of Inventory and storage system within the organization including receiving, storing, issuing, and maintaining accurate records of Inventory along with ensuring compliance with company policies, safety regulations & SOPs & Coordinating efficiently with other stakeholders.

JOB ROLE & RESPONSIBILITIES:

• Managing store operations & ensuring optimum inventory levels to achieve maximum cost savings.
• Manage the procurement process from Indent receipt to Purchase Requisition (PR) creation, including verification of PR details against the approved indent.
• Procure electronic components from authorized distributors such as DigiKey, Mouser, and other approved suppliers.
• Coordinate with the technical team for clarification and resolution of technical queries related to electronic components.
• Obtain and evaluate vendor quotations and coordinate procurement activities from purchase initiation through material delivery.
• Conduct regular follow ups on pending indents, quotations, purchase orders, and deliveries to minimize procurement delays.
• Good working knowledge of Microsoft Excel for Part numbers comparison will be added advantage.
• Material Planning and Control activity,
• Store Keeping, Knowledge of GRN & Material Transfer, Knowledge FIFO
• Creation of Purchase Requisition and Posting GRN and issuing material to the respective stakeholder
• Maintaining the personal records for employees for issues of equipment, Materials, etc.
• Managing the physical loading, unloading, storage management, Space allotment for materials, stocks etc.
• Liaison with the purchase team for the low stock and over stock items and follow up for the same.
• Inbound and Outbound operations

Preferred candidate profile

• Proficiency in SAP MM module
• MS Excel & Data Management
• Inventory Management & Material handling skills
• Ability to work under pressure and to tight deadlines.
• Planning and organizing skills to effectively manage the flow of stock.
• Vendor relationship management.