Head - Material Management

Role & responsibilities

• Develop and drive MM strategy aligned with business objectives, project requirements, and organizational growth plans.
• Provide functional leadership and governance for Materials Management across all projects stores within the SBG.
• Optimize Working capital through inventory rationalization, surplus reduction, material redeployment, and inventory ageing control.
• Review Non-moving, Slow-moving, and Surplus inventory with PMs/RCMs for timely declaration and transfer to surplus locations in SAP.
• Monitor Scrap inventory and SDR processing to ensure timely disposal in line with the approved Scrap Disposal Policy.
• Drive Inter-project material utilization and redeployment before initiating fresh procurement.
• Review and facilitate infrastructure readiness for new projects, including stores, security, CCTV, fencing, IT systems, and logistics support.
• Ensure timely GRN and VIM processing, achieving targeted TATs and supporting efficient invoice processing.
• Ensure 100% compliance with MM Manual, SAP processes, DOA requirements, internal controls, and company policies.
• Ensure accurate inventory management, including proper storage, preservation, identification, bin location control, and 5S implementation.
• Ensure physical stock matches book stock and review quarterly inventory reconciliations within prescribed timelines.
• Monitor material transactions including receipts, issues, transfers, returns, and inventory adjustments for accuracy and transparency.
• Drive disposal of surplus, obsolete, non-moving, and scrap materials through approved disposal mechanisms and E-Auction.
• Review inventory KPIs including inventory accuracy, ageing, SDR closure, GRN TAT, utilization, and working capital performance.
• Ensure timely MIS and management reporting to Projects, RO, HO, and Management.
• Lead internal, external, statutory, and management audits, ensuring timely closure of observations and preventive actions. (including In-House Virtual Audits)
• Lead, mentor, and develop MM teams through performance reviews, capability development, succession planning, and training programs.
• Promote cross-functional collaboration with Planning, Projects, Procurement, Finance, QA/QC, Contracts, and other stakeholders.
• Identify and mitigate inventory risks related to obsolescence, pilferage, theft, excess procurement, deterioration, and stock discrepancies.
• Safeguard company assets through effective inventory controls, loss prevention measures, and business continuity planning.
• Review critical and long-lead materials and implement mitigation plans to prevent project disruptions.
• Ensure compliance with statutory, contractual, insurance, and regulatory requirements related to inventory and stores operations.
• Investigate and close inventory variances, losses, damages, and process deviations with suitable corrective and preventive actions.
• Drive digital transformation and SAP optimization initiatives to improve inventory visibility, control, and reporting accuracy.
• Drive continuous improvement and standardization initiatives to enhance productivity, inventory accuracy, and operational efficiency.
• Identify and deliver cost-saving opportunities through inventory optimization, material reutilization, disposal efficiency.
• Maximize value realization from surplus and scrap disposal through structured disposal programs and E-Auction platforms.
• Support project mobilization and demobilization activities related to materials, stores, logistics, and infrastructure.