Inventory Management

Role & responsibilities

• Lead and manage the inventory planning team to ensure efficient inventory operations across the pharmacy network
• Drive inventory planning processes to maintain optimum stock levels while minimizing stock-outs, excess inventory, and expiries
• Monitor and improve inventory KPIs such as fill rate, inventory ageing, stock availability, DOH, and wastage
• Coordinate with pharmacists and operations teams to ensure adherence to inventory management processes at pharmacies
• Collaborate with suppliers and procurement teams to ensure timely deliveries and smooth replenishment cycles
• Analyze inventory trends, consumption patterns, and demand fluctuations to improve forecasting accuracy and inventory health
• Own and manage daily, weekly, and monthly MIS reports related to inventory performance and supply chain operations
• Identify process gaps and implement operational improvements to enhance efficiency and reduce inventory-related losses
• Ensure timely escalation and resolution of supply chain issues impacting product availability
• Work closely with cross-functional teams including procurement, operations, finance, and category management to drive supply chain excellence

Preferred candidate profile

The ideal candidate should be/have a/an-

• Strong understanding of inventory planning and supply chain management processes
• Experience in handling inventory-related KPIs and operational planning
• Strong analytical and problem-solving skills with the ability to interpret large datasets
• Advanced working knowledge of Excel and MIS reporting
• Strong stakeholder management and team handling capabilities
• Ability to work in a fast-paced and high-growth environment
• Excellent communication and coordination skills
• Educational Qualification: B.Tech / MBA or equivalent
• Experience: 35 years of relevant experience in Supply Chain / Inventory Management

Prior experience in Pharma or Healthcare Supply Chain will be preferred