Stock Auditor
Stock Verification & Physical Audit • Conduct regular physical stock audits across manufacturing units (RM, WIP, FG) and depots. • Perform cycle counting and surprise audits. • Verify stock in kg, cone-wise, lot-wise, and color-wise. ERP vs Physical Reconciliation • Ensure near 100% matching of physical stock with ERP. • Identify shortages, excess, and mismatches. • Prepare variance reports and resolve discrepancies within timelines. Production & WIP Control • Monitor raw material consumption vs finished goods output. • Track standard vs actual consumption and process loss. • Audit WIP stages like dyeing, rewinding, and packing. Inventory Movement Control • Ensure all stock movements are properly recorded (issue, production, transfer, dispatch). • Verify documents like Material Issue Slip, GRN, and Delivery Challan. • Prevent unauthorized stock movement. Lot & Batch Management • Maintain strict lot-wise and color-wise inventory control. • Ensure proper tagging and traceability of batches. • Avoid mixing of lots and shade mismatch issues. Stock Accuracy & Control • Maintain stock accuracy of 98%–100%. • Monitor negative stock, dead stock, and slow-moving items. • Ensure proper unit handling (kg, cone). Reporting & MIS • Prepare daily/weekly stock audit reports. • Submit variance, consumption, and WIP reports. • Highlight critical discrepancies to management. Root Cause Analysis & Improvement • Identify reasons for stock mismatch (loss, entry error, damage, pilferage). • Suggest corrective actions and process improvements. • Implement controls to reduce recurring issues. Coordination & Communication • Coordinate with production, store, dispatch, and accounts teams. • Ensure smooth inventory flow across all locations. • Escalate major issues to management.
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