Job description: POSITION PURPOSE:This role is a part of the central formulations supply planning organization and is responsible for driving key actions for managing non-moving inventory in co-ordination with relevant functions to arrive on final decisions ranging from site transfer, liquidation or incinerationYOUR TASKS AND RESPONSIBILITIES:Strategic
Develop and drive implementation of SLOB inventory management policies, standards, guidelines, technology and procedures leveraging best practices
Monitor non-moving inventory across global DF plants, share timely updates with the leadership team and drive actions to optimize inventory holding cost & write-offs
Responsible for setting, monitoring & achieving annual SLOB inventory targets in conjunction with planning targets
Build collaborative relationships with the extended supply chain planning team, plant teams, finance and the Procurement & Logistics teams to understand drivers of inventory projections, challenge to achieve inventory targets, and highlight risks and opportunities
Operational
Drive program management of SLOB inventory management opportunities that improve profitability through cost reduction, cost avoidance, and process improvements on a cross functional basis
Track & monitor progress of SLOB inventory management action-plan and drive intermittent issue resolution with supply chain planning, production and procurement teams to achieve targets
Ensure non-moving inventory is provided by accounts to the respective plants in various buckets i.e. Rejected and/or Expired, Near Expiry and Others
Facilitate discussions between production and QC teams at plants to decide on action-plan i.e. whether to increase shelf-life, transfer to API plants etc.
Ensure inputs are captured from relevant teams regarding consumption visibility for non-moving inventory
Co-ordinate plant CFT meetings to discuss status, action plan and jointly deciding on actions – site transfer, liquidation, incineration etc.
Prepare & share timely reports with the leadership team on the status of SLOB inventory across DF global plants
Create and utilize in-depth analytical tools to support issue resolution, decision making, and execution oversight for non-moving inventory management
WHO YOU ARE:
Bachelor’s degree in Engineering/ Operations or equivalent qualification
2 to 5 years’ experience in production industry
Analytical skills
Problem solving
Communication skills
Production planning
Material Planning
Job Location: Sun House, Goregaon East, Mumbai
Expected salary:
Location: Mumbai, Maharashtra
Job date: Thu, 10 Apr 2025 07:28:21 GMT
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