Senior Inventory & Cost Controller
Keden International
Total years of experience :12 years, 11 Months
1. Monitoring documented GMP policies .
2. Monitor the production Food Safety System (HACCP).
2. Inspect the levels of business supplies and raw material to identify shortages and report to the purchasing officer..
3. Record daily deliveries and shipments to reconcile inventory.
4. Prepare recipe cost, New item configuration and update the BOM line in system.
5. Material Requirement Planning based on the production forecast..
6. Be an active participant in monthly KPI meetings and maintain open line of communication.
7. Update BOM for FG materials.
8. Inventory management by effective planning and putting all the necessary controls..
9. Ensuring the factory machinery & assets is in good working order.
10. Analyzing production data to identify and resolve production issues.
11. Preparing production plan and submitting them to key decision makers.
12. Improvement in supply management to help cash flow and manage warehouse space,
13. Oversee new projects and planning.
14. Monitor Days in inventory (DII).
15. Manage inventory models ensuring that we have right products in our warehouse.
16. Establish, Maintain and asses inventory turnover and service level goals according to the storage capacity, Safety stock levels, min/max levels, movement’s analysis, and purchase vendors criteria.
17. Coordinate closely with production department on production planning to avoid stock outs and thereof loss of sales.
18. Provide inventory report from time to time highlighting slow or non-moving inventory items.
19. Submission of invoices, clearing ex exceptions, handling the factory petty cash & make sure suppliers got their payment on time.
20. Maintain the production tracker.
1. Monitoring & review processes inventory audit, operation audit, warehouse audit, fixed asset audit and vendor audit to ensure process adherence.
2. Process efficiency and data accuracy analysis.
3. Preparation of Process Dashboard for the Management.
4. Develop checklist & process to streamline processes resulting in improved accuracy.
5. Drafting & documenting the Standard Operating Procedure (SOP)
6. Conduct process & training and recurrent training for teams.
7. Business and Centralized quality check process Analysis on Inventory management.
8. Have good understanding of Inventory management & controlling.
9. Stock order management storage location wise.
10. Shrinkage analysis on (positive, Negative, Post moving articles/brands, slow moving articles/Brands, Non-moving stock, Damage, RTV, Scrap ?.etc by using SAP).
11. Analysis of stock movements from Vendor vs Warehouse vs Store in SAP.
12. Conducting review meets on weekly and monthly basis to identify the GAP in the process.
13.Heading the team in south quality for both the store & warehouse audits.
14. Develop and implement process enhancements and lead continuous process improvements.
15. Timely and smooth facilitation of all activities of stock auditing procedure.
16.Supervised and monitored process execution and query resolution, and ensured coverage whole process with proper documentation.
1. Heading the Internal Audit process across ROM Region ( Pune, Nagpur, Nasik, Aurangabad & Kolhapur) which includes 122 CCD Cafes, 92 CDX Outlets, 4 SCMs, 6 Centralized Kitchens & 1 Hub Office.
2. Responsible for proper Audit planning, execution, maintaining Audit standards, reports on integrity & implementation of processes.
3. MIS, Budgeting, Forecasting & Variance analysis on budgeted Vs actual data.
4. Analysis and projection of working capital needs by internal audit review to provide assurance to the management on compliance of processes uniformly.
5. Develop policies, standards and guidelines in respect of accounting procedures, concepts and methodologies.
6. Advise in decision making, framing of policies, cost rationalization by providing an independent analysis.
7. Identification of improvement areas to enhance, simplifies, automate controls as well as improve process efficiency.
8. Regularization of Accounts with respective to Accounts Payable, Accounts Receivable, Inventory Management, Investments, Revenue recognition and Fixed Asset & Inspects accounting systems to determine their efficiency and protective value.
9. Foresee future fraud threats to the organization & Implementation of proactive measures to check pilferage & to prevent them.
10. Deploying accepted tools and techniques to make audit process efficient and providing recommendations that are value adding and practical / significantly improve on current operations.
11. Keeping track of security / fraud cases and ensures action taken, so cases can be closed in time.
12. Formulating and conducting Fraud Prevention training at zone level Process Audit, taking daily reporting of team and responsible for action plans for incidents with team performance.
13. Assets verification and movement tracking, Ensure appropriate usage to provide the highest level of assurance in an efficient manner.