Store Executive

Job Summary

The Store Manager will be responsible for managing and controlling the company’s inventory, raw materials, finished goods, consumables, and spare parts to ensure smooth production operations. The role includes maintaining accurate stock records, monitoring inventory levels, supervising store staff, and ensuring proper material movement, storage, and documentation in accordance with company policies and quality standards.

Key Roles & Responsibilities

1. Inventory Management

· Maintain accurate inventory records of raw materials, WIP, finished goods, and consumables.

· Monitor minimum stock levels, reorder levels, and safety stock.

· Conduct regular physical stock verification and cycle counting.

· Ensure stock accuracy in ERP or inventory management system.

2. Material Receiving & Storage

· Verify incoming materials against Purchase Orders, Delivery Challans, and GRN.

· Coordinate with Quality Department for incoming material inspection.

· Ensure proper material labeling, identification, and storage conditions.

3. Material Issuing & Production Support

· Issue materials to production based on authorized requisitions.

· Ensure timely availability of materials to avoid production downtime.

· Maintain proper documentation of material movement.

4. Inventory Control & Optimization

· Track slow-moving, non-moving, and obsolete inventory.

· Implement strategies to reduce excess inventory and improve inventory turnover.

· Monitor material consumption and coordinate with Purchase & PPC departments.

5. Store Organization & Safety

· Maintain 5S standards in the store area.

· Ensure proper material handling, storage racks, and safety compliance.

· Implement FIFO / FEFO inventory practices.

6. Documentation & Reporting

· Maintain accurate records of:

o GRN

o Material Issue Notes

o Stock Registers

o Inventory Reports

· Prepare daily, weekly, and monthly stock reports for management.

7. Team Management

· Supervise and guide store assistants and store operators.

· Ensure discipline, training, and productivity within the stores department.

8. Audit & Compliance

· Support internal and external audits related to stores and inventory.

· Ensure compliance with company procedures, ISO standards, and inventory policies.

Key Result Areas (KRA)

1. Inventory accuracy and stock control

2. Timely material availability for production

3. Proper documentation and inventory reporting

4. Effective store organization and safety compliance

5. Reduction of inventory discrepancies and wastage

6. Efficient coordination with Purchase, Production, and QA departments

Key Performance Indicators (KPI)

KPI

Target

Inventory Accuracy

≥ 98%

Stock Variance

Less than 1%

On-Time Material Issue to Production

≥ 99%

GRN Processing Time

Within 24 hours

Slow / Non-Moving Inventory Reduction

Quarterly reduction target

Physical Stock Audit Compliance

100% completion

Store 5S Compliance Score

≥ 90%

Inventory Turnover Ratio

As per company target

Documentation Accuracy

100%

Required Qualifications

· Bachelor’s Degree / Diploma in Supply Chain, Logistics, Commerce, or Engineering

· Additional certification in Inventory Management / Warehouse Management (preferred)

Experience

· 5 to 10 years experience in Stores / Inventory Management in Manufacturing Industry

Required Skills

· Inventory Control & Warehouse Management

· ERP / Inventory Software Knowledge

· Stock Planning & Material Management

· Documentation & Reporting

· Leadership and Team Management

· Strong Coordination and Communication Skills

Preferred Industry Experience

· Precision Engineering

· Automotive Manufacturing

· CNC Machining Industry

Pay: ₹22,000.00 - ₹30,000.00 per month

Benefits:

• Food provided
• Internet reimbursement
• Provident Fund

Ability to commute/relocate:

• Dehu, Maharashtra 411062: Reliably commute or planning to relocate before starting work (Required)

Education:

• Diploma (Preferred)

Work Location: In person