About the role
- Establish and run multi-location inventory control systems, tracking stock movements across regional warehouses, third-party logistics (3PL) nodes, and retail centers.
- Maintain complete reconciliation mechanisms between physical inventory, Warehouse Management Systems (WMS), Enterprise Resource Planning (ERP/Business Central), and general ledgers.
- Institute robust cycle counting, perpetual inventory controls, and quarterly physical audit frameworks to eliminate shrinkage, stock leakage, and phantom inventory.
- Design and track core inventory health metrics, including Days Sales of Inventory (DSI / Inventory Days), Stock Turnover Ratio, Sell-Through Rates, and GMROI.
- Collaborate with Supply Chain and Demand Planning teams to establish dynamic safety stock, reorder levels, and economic order quantities (EOQ) by SKU category.
- Drive aging analysis (Fast-moving, Slow-moving, Non-moving / FSN analysis) and execute liquidation/clearance strategies for aging or near-expiry stock to minimize write-offs.
- Lead COGS analysis, breaking down direct material, freight-in, warehousing, batch variance, packaging, and fulfillment costs down to the SKU level.
- Identify margin erosion drivers and lead cost-reduction initiatives across procurement contracts, batch yields, and logistics expenses.
- Build automated Management Information Systems (MIS) dashboards to monitor SKU-level gross margins and unit economics on a real-time basis.
- Automate manual reconciliation workflows and inventory valuation frameworks within the company’s ERP system.
- Partner with Operations, Procurement, and Commercial teams to align sales forecasting with production schedules and capital commitment plans.
- Education: Bachelor’s degree in Finance, Accounting, Economics, or Supply Chain Management. (Qualified CA, CMA, or MBA in Finance preferred).
- Experience: 3–6 years of experience in Inventory Costing, or Operations Finance—preferably within Retail, E-Commerce, FMCG, or Manufacturing sectors handling extensive multi-SKU profiles.
- Technical Expertise:
- Advanced proficiency in ERP systems (e.g., Microsoft Dynamics 365 Business Central, SAP, NetSuite) and WMS platforms.
- Strong skills in SQL, Advanced Excel, Power BI, or similar data visualization tools.
- Core Competencies:
- Deep understanding of cost accounting, inventory valuation models (FIFO, Weighted Average), and gross margin mechanics.
- Strong analytical capabilities with a track record of driving measurable reductions in working capital cycles.
- Reduction in overall Inventory Days (DSI) without triggering out-of-stock events.
- Zero variance/unexplained gap in monthly inventory reconciliations across all locations.
- Direct reduction in SKU-level COGS and overall working capital lockup.
- Minimization of inventory write-offs, expiry losses, and stock wastage.