- Classification of inventory on ABC analysis.
- To define Min/Max norms for all SKU's based on their consumption and procurement lead time.
- Unique item codification & racking for every spare, consumable.
- To monitor the effective implementation of FIFO system for shelf-life items and ensure their usage before expiry.
- Disposal of obsolete items and plan inventory reduction by sharing non-moving items through interplant transfers or return back to supplier.
- Review of Min/Max norms once in 6 months with production / maintenance heads for optimum inventory levels & review of item master for eliminating duplicate codes / generation of new items.
- To reconcile system stock Vs physical stock once in every quarter".
- Negotiate better prices with scrap buyers.
- Explore new customer base for different categories of scrap material.
- To conduct scrap Auctions (online & Physical both).
Skills
University Graduate or Related Certification with minimum 5 years’ experience.