Inventory Manager
ACE Hardware & Home Centre
Total years of experience :15 years, 4 Months
Take care of inventory at chain level - reduce inventory dump at stores and warehouse.
Follow up with vendor for maximize vendor fill rate.
Coordinate with ware house team for merchandise replenishment & better Inventory fill rate.
Negotiate with vendors for product margin & fill rate improvement.
Coordinate with vendors for claims approval & settlement.
Ensure new product launch and technical training should be given to concern to efficiently optimize
the inventory turn.
Ensure stock safe level available at warehouse and stores at any given point of time.
Inventory global count and stock audit done for chain on quarterly basis to accuracy in system.
Surprise store visit to check their physically stock does matches with system or not.
Challenge store manager for minimize the inventory damages.
Closely work with finance team for Inventory Adjustment & Inventory payments.
Closely work with logistics & Import team to get the shipment on time.
Timely and accurately provide all the import required documents to avoid damages & penalty.
Maintain inventory level reports, Inventory holding report and other.
Monthly basis inventory MIS to be maintained and update.
Ensure the inventory count to be conduct on timely to correct system vs physical inventory.
To maintain and develop inventory related report and share with the management for better decision and future plan and budgeting.
Weekly basis visit to stores to check the returns and damages & accuracy of documents.
Inventory planning for timely inventory should be available at all locations.
Inventory Margin update and check on monthly basis to achieve the margin target.
Closely monitor all the inventory movement to avoid shrinkage & system error.
Responsible for buying spare parts process and pricing of spare parts.
Every month provide data to management for stock liquidation suggestive product, and last month liquidation stock performance share with management.
Aug 2013 - Till Date FOREVER 21, MUMBAI Inventory Manager
FOREVER 21 is the well-known Fashion retail Industry. FOREVER 21 is having their Head Office is USA. This brand is belong to USA. The brand having their reach across the world through their more than 600 outlets. FOREVER 21 is having more than 600 outlets across the world. In India FOREVER 21 is doing business with DLF group which is well known in Industry for quality oriented and better customer experience. FOREVER 21 is well known for their Products and Quality to satisfy customer need.
Reporting to: Store Manager
Designation: Stock Manager
↔ Coordination with Ware House team for stock movement
↔ Store Ware house management
↔ Store Inventory physically global count and cross check with system
↔ Stock management in ware house to reduce damage and shrinkage
↔ Weekly basis stock rumbling out to move maximum stock on floor
↔ Stock movement closely monitor for stock replenishment & avoid dead stock
↔ Monthly basis reconciliation with stock received and physical stock
↔ Fast moving stock replenishment activity conduct on daily basis
↔ Coordination with VM for concept merchandise requirement
↔ Coordination with VM and floor team for stock turn on floor
↔ Timely follow-up with ware house team and Central supply chain team for stock movement
↔ Train to Staff on store ware house management
↔ Train staff to control over shrinkage and damages, Improve their working efficiency ie stock counting accuracy, stock replenishment, stock receiving timing, Merchandise hungering.
↔ Working on SAP
Vadilal Frozen is one of top leading brand in Ice-cream industry & GO Veg is also an Vegetarian frozen (Soybean Base). The frozen products are now days much leading in food industry. Frozen food products are playing key role modern food products. Vadilal is the one of the leading product line in Ice cream & Frozen product line. Go Veg frozen product is totally new concept in Indian frozen food industry. It leads in soybean based food products which is new in frozen industry in Indian market.
Participate in local supply chain of frozen food
Take care of local daily basis supply and order level matching
Order v/s Stock level maintain to match the order
Product stock staking and inventory management
Product delivery and stock audit done on monthly basis
Modern business development :- Hypercity, Big Bazar, Dmart, Star Bazar etc
Continuous follow up with modern business agencies for promote product line.
Daily basis retail business out let visit and business development.
Damage and Defective product identification and as per company norms procedure
Visit outlets and check the visibility of products
High margin product line to emphasize by personally follow up and monitor the business
Weekly basis review the sales performance area wise and accordingly push for achieve monthly business plan
Periodically comparison of sales trend v/s production product line to minimize stock holding
April 2011 - June 2013 HyperCITY Retail (INDIA) LTD. Malad Service Manager-Stock Control
HyperCITY Retail is one of the biggest Retail chain in hyper market concept. HyerCITY is sister concern firm of SOPPERS STOP which is also well known in retail. HyperCITY annual turnover is around Rs. 1200 CR. HyperCITY is having 13 stores all over India. HyperCITY have approach in Maharashtra, Rajasthan, Punjab, Madhyapradesh, Karnataka, Aandhrapradesh, Gujrat states. HyperCITY upcoming stores are Chandigrah, NCR, Chennnai. The company is well known for best quality of products with best services. The company is belong to Rahejas group which well known for best services.
Reporting to: GM - Store Manager
Designation: Manager - Stock Control
Responsibilities:
Inventory Control
Periodically Inventory Stock take
↔ Periodically stock take of all inventories.
↔ Control over the process to match the system v/s physical inventory
↔ Data analysis for entire chain data and trend analysis for store
↔ DC v/s Store reconciliation for stock adjustment
↔ Vendor wise shrinkage & damage data analysis and data sharing with team
↔ Physical inventory investigation.
Shrinkage Control
↔ Control on Shrinkage.
↔ Provide training to associates & mangers
↔ Process related training for process awareness & process knowledge
↔ Negative inventory control
↔ Shrinkage data share with Receiving and LP team to minimize shrinkage
↔ Random check the inventory to check inventory accuracy
Other Supporting Activities
↔ Daily basis follow up with department for inventory correction
↔ Daily meeting with GM/DGM, SOM, Department manager for Damages & shrinkage review
↔ Weekly basis comparison of shrinkage of all department level
↔ Data analysis & reports regarding shrinkage and inventory movement
↔ Compare the data with other stores
↔ Monthly basis fast moving and slow moving product identification and data share
↔ Control on product losses due to pilferage, damage etc
↔ Ensure toeach manager to take action plan for their department Inventory loss
↔ Store POST action- instruction from buying team
↔ Follow up with buying team for inventory correction
↔ Weekly basis working with Finance team to review variable controllable expenditure
o Stationery Expenditure
o Light & Water expenditure
o Packaging expenditure
o Assets verification for proper utilizing along with finance, LP - Admin team
o Randomly checking of vendors work and documents for guide line followed by them or not
December 2009- March 2011 Century Enka Ltd, Pune Officer - HR-Admin
Century Enka Ltd. is an ISO 9001-14000 certified orgnisation promoted by B. K. Birla group. It is a leading organisation in Synthetic yarn manufacturing in. Century Enka Ltd manufacturers Nylon Fibre at Pune and Mahad plant while Bharuch plant delivers polyester yarn for different industrial uses. CEL is the lead tyre cord manufacturer in capturing almost 60% of the market share alone. The combined annual turnover of CEL was Rs.1200 Crore last fiscal. The company is well known for ethics and continuous contribution towards society.
Reporting to: DGM- HR
Designation: Officer - HR/ Admin
Responsibilities;
Personal Department Activities
Recruitment of Graduate Trainee
↔ Documentation & sorting of resume
↔ Scheduling & calling the candidates for interview
↔ Coordinating interview activities
- Coordinating and liaison with campus placement coordinator of various Engineering & Management colleges
- Making presentation to nearby potential institutes for campus placement
- Leveraging network of existing and alumnus employees to find potential candidate
- Contacting & persuading candidates to participate in recruitment process
Coordination of Trading & Development activities
↔ Organising and coordinating Induction programme for fresh recruited
↔ Coordination of Training Need Analysis for different positions in various functions
↔ Coordinating In-house Training & development activities
- Coordinating Induction programme for fresh appointees
- Scheduling & Coordinating in In-house training programme
- Coordinating with Trainers for different training programmes
Payroll Management
↔ Attendance & shift scheduling
↔ Leave Management, managing PF & other deductions complying to legal acts
- Preparing monthly attendance reports and updating the same to MIS
- Finalising the payrolls deducting PF, ESI & other deductions and coordinating with accounts department
- Preparation of monthly new joining & left report for PF department purpose
Admin Department Activities
Coordination of VIP visits
- Coordinating of VIP visits of company and group guests
- Maintenance and monitoring of VIP guest house
- Coordination during visits like transportation, dining etc
Maintenance of Colony, Transportation
- Periodically visit to staff and executive colonies for inspection of cleanliness, hygienic environment
- Monitoring and supervision of lightning and other arrangement regularly
- Periodically inspection of vehicles for replacement of tyres, batteries and etc.
- Coordinating in Insurance, PUC, and other RTO formalities
January 2009 - December 2009 The Thane Janata Sahakri Bank Ltd, Mumbai Management Trainee
The Thane Janata Sahakari Bank Ltd is one of the leading co-operative in cooperative bank in India. The bank having Rs.5000/- Cr annual business mix in year 2009. TJSB was ranked Third business volume wise in cooperative banks in. The bank had 59 branches in till year 2009 ending and was on a progressive mode thereafter.
Reporting to: Manager
Designation: Management Trainee
Responsibilities:-
HR MIS
Branch wise data updation
New joinees data feeding in MIS report
Updating HR MIS from latest data gathering to branches
Branch business development activity conducting like near by residential colonies visit and make awareness of our products
Product related training conduct - refreshment training for new changes in some RBI policies
Target share with branch team to focus on our weekly basis business
Monthly basis branch business performance review meeting attend along with branch manager to know where we are lacking behind in chain.
Participate in half yearly and quarterly basis account closing and closing entries.
Customer data management and documents process understand and religiously follow
Post Graduate Diploma in Management from Sinhgad Business School, SIBACA lonawala , Pune in May 2009
↔ Diploma in EXIM from Jodhpur Institute of Shipping & Export Management, in 2007
↔ B.B.A. from JNVU Rajasthan in 2005
Senior Secondary standard passed from Shri Mahesh Senior Secondary school, Jodhpur in year 2002 from Rajasthan board education - Ajmer.
Secondary Class passed in year 2000 from Rajasthan Board of Education - Ajmer.