Inventory Management Executive

Role Summary:

We are seeking a detail-oriented and proactive Inventory Management Executive to join our team. The ideal candidate will be responsible for managing inventory levels, ensuring accurate reconciliation, and handling claims efficiently. The Inventory Management Executive will work closely with various departments to maintain optimal inventory levels, minimize discrepancies, and ensure timely and accurate reporting.

Key Responsibilities:

• Inventory Management:
• Monitor and manage inventory levels to ensure optimal stock availability and minimize stockouts and overstock situations.
• Conduct regular inventory audits and cycle counts to maintain accurate inventory records.
• Implement and maintain inventory management systems and processes to improve efficiency and accuracy.
• Reconciliation:
• Perform regular reconciliation of inventory records with physical counts to identify and resolve discrepancies.
• Investigate and resolve inventory discrepancies, including missing books and data inconsistencies.
• Ensure timely and accurate reconciliation of inventory records to meet reporting deadlines.
• Claims Management:
• Handle and process inventory-related claims, including damaged, lost, or incorrect items.
• Coordinate with suppliers, vendors, and internal teams to resolve claims efficiently and effectively.
• Maintain accurate records of claims and follow up on outstanding issues to ensure timely resolution.
• Reporting and Analysis:
• Prepare and present regular inventory reports, including stock levels, discrepancies, and claims status.
• Analyze inventory data to identify trends, patterns, and areas for improvement.
• Provide insights and recommendations to optimize inventory management processes and reduce costs.
• Collaboration and Communication:
• Work closely with procurement, logistics, and warehouse teams to ensure seamless inventory management.
• Communicate effectively with internal and external stakeholders to address inventory-related issues and ensure alignment.
• Participate in cross-functional meetings and projects to support overall supply chain objectives.

Qualifications:

• Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or a related field.
• Minimum of 3-5 years of experience in inventory management, reconciliation, and claims handling.
• Strong knowledge of inventory management systems and processes.
• Excellent analytical and problem-solving skills, with attention to detail.
• Proficiency in using inventory management software and Microsoft Excel.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
• Ability to work independently and manage multiple tasks in a fast-paced environment.
• Experience in e-commerce or FMCG industries is a plus.

Special Working Arrangement:

This is a full WFO role. This role will primarily operate during standard business hours but may require flexibility to accommodate communication with teams in different time zones (e.g., Singapore, US, UK).