Inventory Executive

Job Summary

We are looking for a detail-oriented Inventory Officer to support inventory planning, stock management, reconciliation, and day-to-day inventory operations. The role will ensure accurate stock records, effective monitoring of moving and non-moving inventory, timely resolution of material-related issues, and coordination with Stores and cross-functional teams to maintain optimal inventory levels.

Key Responsibilities

Inventory Management

• Monitor stock levels and ensure accurate classification of moving, slow-moving, and non-moving inventory.

• Ensure inventory records are updated accurately and regularly in the ERP/system.

• Monitor stock availability and identify potential shortages, excess inventory, and ageing materials.

• Conduct regular physical and system-based stock reconciliation to identify discrepancies.

Material Planning \& Coordination

• Support domestic and international material planning based on business and operational requirements.

• Coordinate with Purchase, Sales, Stores, Production, R\&D, and other teams for material availability.

• Monitor material inward and ensure proper recording, documentation, and system updates.

• Address inventory-related queries and coordinate with concerned departments for timely resolution.

Inventory Control \& Monitoring

• Follow up with Stores and team members to ensure stock data is updated and accurate.

• Conduct regular checks of inventory records and ensure timely correction of discrepancies.

• Monitor material movement, consumption, transfers, and adjustments within the inventory system.

• Support implementation of inventory control measures to minimize losses, excess stock, and stock-outs.

Expired \& Discarded Materials

• Monitor expired, obsolete, damaged, and discarded materials and maintain appropriate records.

• Coordinate with QA, Stores, and relevant departments for identification and disposal of such materials.

• Ensure disposal activities are carried out as per approved procedures and compliance requirements.

• Maintain complete documentation and traceability of discarded inventory.

Stores Coordination

• Support Stores operations and ensure proper maintenance of stock records and documentation.

• Coordinate with the Stores team for material receipt, storage, movement, and issue activities.

• Ensure materials are appropriately labelled, stored, and recorded as per defined procedures.

• Support periodic stock verification and physical inventory counts.

Reporting \& Analysis

• Prepare and review daily, weekly, monthly, quarterly, and annual inventory reports.

• Analyse inventory ageing, stock movement, and non-moving inventory trends.

• Provide inventory data and insights to management for planning and decision-making.

• Highlight inventory risks, discrepancies, and improvement opportunities to relevant stakeholders.

Required Skills

• Inventory Management \& Stock Control

• Material Planning \& Forecasting

• Moving \& Non-Moving Inventory Analysis

• Inventory Reconciliation

• Stores \& Warehouse Coordination

• ERP/Inventory Management Systems

• Material Inward \& Stock Documentation

• Inventory Ageing Analysis

• Expired \& Obsolete Material Management

• Inventory Reporting \& MIS

• Data Analysis \& Problem Solving

• Cross-functional Coordination

• Attention to Detail

• Planning \& Organizational Skills

• MS Excel

Qualification

• M.Sc. in Organic Chemistry, Chemistry, or a related scientific discipline.

• MBA/PGDM in Supply Chain, Inventory Management, Operations, or a related discipline will be an added advantage.

• Equivalent qualifications with relevant industry experience may also be considered.

Experience

• 3+ years of experience in inventory management, stores, material planning, or supply chain operations.

• Experience in pharmaceutical, chemical, manufacturing, or research-oriented organizations will be preferred.

• Experience handling chemical, pharmaceutical, laboratory, or technical materials will be an added advantage.

Compensation \& Benefits

• Industry-aligned salary package with performance-linked growth opportunities.

• Performance-based incentives.

• Opportunities to work across inventory planning, material management, and stores operations.

• Exposure to cross-functional business operations and inventory optimization initiatives.

• Career growth opportunities within a rapidly expanding global pharmaceutical organization.

• Opportunity to contribute to efficient inventory management supporting customers across more than 90 countries.

Pay

From ₹18,000.00 per month

Benefits

• Provident Fund

Work Location

In person