drjobs Inventory Specialist

Inventory Specialist

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1 Vacancy
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Job Location drjobs

Mumbai - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Position Overview:
We are seeking a detailoriented and organized Inventory Specialist to manage and oversee our equipment
inventory. This role involves checking and recording all equipment details including modifications lifespan
value and location. The Inventory Specialist will maintain accurate records in Excel update the database and
ensure proper allocation and supervision of inventory in our software.
Key Responsibilities:
1. Inventory Management:
o Perform physical checks of all equipment verifying its condition modifications and lifespan.
o Record the value location and other relevant details of each item.
o Maintain a wellorganized inventory system ensuring proper labeling and tracking of
equipment.
2. Coordination with Procurement:
o Work closely with the procurement team to track newly purchased equipment.
o Ensure all new equipment is accurately recorded in the database and tagged for inventory.
o Monitor delivery timelines and integrate new items into the inventory management system.
3. Data Entry & Database Management:
o Enter detailed inventory information into Excel spreadsheets & Inventory software
o Update and maintain the inventory database ensuring accuracy and consistency.
o Supervise data entry in the company's inventory management software.
4. Equipment Allocation:
o Monitor inventory levels and manage the allocation of equipment to various departments or
projects.
o Ensure proper documentation for all inventory movements.
5. Reporting:
o Generate periodic inventory reports and provide updates on equipment status.
o Highlight discrepancies or issues in inventory records and recommend solutions.
6. Supervision:
o Oversee inventory processes to ensure compliance with company policies.
o Train and guide team members on inventory protocols and software usage.
7. Process Improvement:
o Identify inefficiencies in inventory management processes and implement improvements.
o Introduce technologies and tools to enhance inventory tracking and management.
o Establish and enforce inventory management policies and procedures.
o Provide training and support to team members on inventory management best practices.
8. Audit & Compliance:
o Plan and execute regular inventory audits to verify stock accuracy.
o Ensure compliance with company policies and industry regulations.
o Develop and maintain a comprehensive audit trail for all inventory transactions.
o Recommend corrective actions and process improvements based on audit findings.
Qualifications:
Mechanical Engineer with experience in inventory management/stores/Supply Chain Management
Proficiency in Microsoft Excel and familiarity with inventory management software.
Strong organizational and analytical skills.
Attention to detail and accuracy in recordkeeping.
Excellent communication and problemsolving abilities.
Preferred:
Experience in handling technical or ITrelated equipment inventory.
Familiarity with database management tools and techniques.
This position offers an opportunity to work in a dynamic environment ensuring that our equipment is well
managed and efficiently allocated to support our operations.

Employment Type

Full Time

Company Industry

About Company

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