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    Job · 18305079

    Sigma Engineered Solutions logo

    Deputy Store Manager

    Sigma Engineered Solutions · Pune · onsite · Posted 34d ago

    Undisclosed10–15 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    To manage the overall Stores function, covering material receipt, storage, preservation, inventory management, and material issue for raw materials, packaging materials, components, maintenance spares, and other store items.

    The position will be responsible for ensuring 100% stock accuracy, proper storage and preservation, FIFO compliance, subcontracting material management, vehicle management, and reconciliation activities.

    The role will also ensure compliance with QMS, EHS/EOHS, 5S, statutory audit requirements, and effective management of multi-location stores.


    Key Roles & Responsibilities


    A. Stores Operations & Material Management

    • Overall responsibility for the multi-location Stores function.
    • Manage the complete material flow from receipt, inspection, storage, preservation, and issue to production and other departments.
    • Ensure 100% accuracy in material receipt and timely generation of GRNs (Goods Receipt Notes).
    • Ensure proper storage, identification, preservation, and systematic arrangement of all materials.
    • Ensure timely material issue to production and other users.
    • Monitor material shortages and take appropriate corrective actions.
    • Ensure 100% stock accuracy through effective inventory control systems.
    • Ensure adherence to FIFO (First-In, First-Out) and shelf-life requirements for applicable materials.
    • Manage DOL/KANBAN materials and ensure uninterrupted material availability.

    B. Inventory Management

    • Conduct monthly perpetual inventory/stock verification.
    • Monitor inventory levels and identify discrepancies.
    • Investigate and resolve stock variances.
    • Maintain accurate inventory records and ensure proper reconciliation.
    • Prepare and maintain Stores MIS and participate in weekly review meetings.

    C. Subcontracting & Scrap Management

    • Manage subcontracting activities, including material movement and documentation.
    • Ensure timely monthly reconciliation of subcontracted materials.
    • Establish effective controls over scrap movement.
    • Ensure timely disposal of scrap materials as per company procedures and applicable requirements.

    D. Compliance, Safety & Systems

    • Maintain 5S, safety, and housekeeping standards within the Stores area.
    • Ensure compliance with QMS and EHS/EOHS requirements.
    • Ensure compliance with statutory and internal audit requirements.
    • Implement and maintain appropriate controls for material handling, storage, and movement.
    • Ensure proper vehicle/material movement management.

    E. Team & Multi-Location Management

    • Lead and manage the Stores team across multiple locations.
    • Allocate responsibilities effectively and monitor team performance.
    • Develop team capabilities through training and on-the-job guidance.
    • Coordinate with Production, Purchase, Quality, Finance, and other functions to ensure smooth material flow.
    • Drive continuous improvement initiatives within the Stores function.

    Qualification & Experience Required

    • B.Com / M.Com / B.Sc. qualification.
    • Post Graduate Diploma in Materials Management is desirable.
    • 10+years of experience in Stores/Materials Management, preferably in the Automobile, Engineering, or Manufacturing industry.
    • Strong experience in managing stores operations, inventory, material movement, and multi-location stores.
    • Good knowledge of FIFO, inventory control, stock reconciliation, GRN, subcontracting, scrap management, 5S, and audit compliance.

    Personal Characteristics

    • Strong team leadership and people-management skills.
    • Good organizational and coordination abilities.
    • Enthusiastic and proactive approach.
    • Ability to learn new processes and implement new ideas.
    • Strong problem-solving and decision-making skills.
    • Result-oriented and disciplined approach.
    • Good communication and interpersonal skills.

    Sourced from naukri

    Skills

    Material ReconciliationStock Inventorysub contractingstore managementStore SupervisionStock Managementinventory controlInventory ManagementWarehouse ManagementdispatchStore Operationsfifostore keepingstore planningmaterials

    About Sigma Engineered Solutions

    Sigma Engineered Solutions logo

    Sigma Engineered Solutions

    Industrial Machinery

    1.5k+

    employees

    Morrisville

    US

    ₹3.7L PA avg

    Avg at Sigma Engineered Solutions

    About

    Founded in 1982, Sigma Electric Mfg Corporation Pvt. Ltd. is a manufacturer of assemblies containing metal castings and injection molded components. The Company provides value added turnkey solutions which include initial product design, in-house tooling, testing and agency approvals, final assembly, and customer specific packaging. Customer inventory and late point packaging programs are also available for North American, South American, European and Asian customers. The Company caters to Commercial & Industrial Electrical Construction with UL and CSA certified electrical conduit fittings, cable connectors and weatherproof products which are sold to Retail and Private Label customers. In addition, the Company is a major supplier of connectors and other value added support castings for the Power Transmission & Distribution segment. The Company also provides contract manufacturing services for customers in a large number of markets including White Goods, Instrumentation, and Telecommunications.
    The Company currently operates its Sales & Marketing, and distribution warehouse out of Garner, North Carolina and Manufacturing facilities out of India. The company manufactures 18,000 different products across four plants situated in Pune (Pressure Die Casting Plant - Zinc, Pressure Die Casting Plant - Aluminum & Gravity Die Casting Plant - Copper Alloy) and three plants in Jaipur (Sand Casting Plant - Iron, Copper & Aluminum Alloy). The Company has a workforce of 3,000 persons (2,900 in India and 100 in the US) with revenues of USD 131 million for the year ended March 2014 and high profitability. The revenue break up comes from 20% sales into the Retail Market and 80% sales into the OEM and Custom business. The Company has about 20 core customers including Lowe's, ABB, Emerson, Hubbell, Cooper, Whirlpool, etc. Presently ~95% of the products manufactured in India are sold primarily to North American customers.
    The strategy is to be a high service, low cost manufacturer of complex, high SKU, low volume custom metal components for the electrical, industrial, instrument and selected consumer markets in U.S., Europe and selected Indian markets.
    For further information on our company, please visit our website www.sigmaelectric.com

    Industries

    Industrial Machinery

    Employee ratings

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    3.9/ 5

    Culture

    3.8

    Career growth

    3.0

    Work-life

    3.5

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