Store In-Charge

Store In-Charge Inventory & Material Management

Experience: 35+ years
Employment Type: Full-Time
Department: Stores / Materials Management

Job Summary

We are looking for an experienced Store In-Charge to manage inventory, material planning, receiving, storage, issuing, ERP transactions, and daily material consumption. The candidate should take complete ownership of stock accuracy and ensure proper material flow from receipt to final utilization.

Key Responsibilities

• Manage day-to-day store operations and maintain proper organization of materials.
• Receive materials, verify quantity/specification, process GRN, and update the ERP.
• Allocate every material to its designated rack/bin/location and maintain proper identification.
• Conduct regular physical stock counts and reconcile physical stock with ERP records.
• Monitor stock levels, consumption, minimum/reorder levels, and plan material requirements to avoid stock-outs and excess inventory.
• Issue materials against authorized requirements and accurately record all issues in the ERP.
• Track daily material utilization and know where, why, and how much material has been used.
• Monitor consumption against requirements and identify unusual or unexplained usage.
• Follow FIFO/FEFO and understand ABC analysis, safety stock, reorder levels, stock ageing, and slow/non-moving inventory.
• Maintain complete traceability of material: Receipt Storage Issue Utilization Balance.
• Identify and investigate stock discrepancies, shortages, excesses, damaged and obsolete materials.
• Prepare regular stock, consumption, reconciliation, ageing, and material requirement reports.
• Coordinate with Purchase, Production/Operations, Accounts, Quality, and Management regarding material requirements and stock issues.
• Ensure all physical material movements are accurately and promptly updated in the ERP Material Management/Inventory module.
• Maintain proper store housekeeping, safety, documentation, and discipline.

Educational Qualification

• Diploma or Bachelor's Degree in Supply Chain Management, Logistics, Materials Management, Inventory Management, Commerce, Operations, or a related field.
• Candidates with strong relevant practical experience in store/inventory management may also be considered.
• ERP and MS Excel knowledge is essential.

Requirements

• 3–5+ years of relevant experience in Stores, Inventory, Warehouse, or Material Management.
• Hands-on experience with an ERP Material Management / Inventory module.
• Good knowledge of FIFO, stock reconciliation, material planning, reorder levels, stock ageing, and inventory control.
• Good Excel and reporting skills.
• Strong numerical ability and attention to detail.
• Ability to physically verify stock rather than relying only on system records.
• Strong ownership, discipline, organization, and follow-up skills.
• Experience in manufacturing/engineering/industrial stores will be preferred.

The candidate will be responsible for:

Inventory Accuracy | Material Availability | Stock Planning | ERP Accuracy | FIFO Compliance | Daily Consumption Tracking | Material Traceability | Stock Reconciliation | Control of Excess/Slow-Moving Stock