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Inventory and Store
Management
Inventory Management SOP and Guidelines Design
► Assist in implementation of standard systems/templates/ processes for inventory
management
Store Management (for the assigned store category)
► Track the availability of different materials/products and manage inventory levels at the
warehouse/ stores
► Assist in executing the process for material issue to the user and timely updating inventory
level after issue of goods
► Maintain accurate records in SAP (documents and other details of material issues, material
procured, etc.)
► Forward the invoices and supporting documents to Head accounts (HAC) through
Document Control Cell
Routine Inventory
Control and Management
► For the assigned store category, assist in resolving any discrepancies pertaining to
inventory based on electronic records that represent the inventory and the physical state
of the inventory
► Assist in evaluating shelf life of the inventory for the assigned store category and help
classify based on criticality [like Vital Essential Desirable] and ageing (such as slow-moving
inventory (SMI) / Non-moving inventory (NMI) / Normal Spares)
Liquidation and Disposal
(Scrap or Write-Off) Of
NMI & Surplus Inventory
► Assist in identification and liquidation of non-moving inventory (NMI)
► Execute asset liquidation (identified by concerned user) and other material including NMIs
to be scrapped as per the directive of Head- Stores
► Implement asset scrapping or asset write-off basis DoA
Risk Management
► Assist in identifying and prioritizing all risks for stores, inventory control, liquidation and
disposal (using master list of procurement risk, supply market analysis, long term
procurement plan, annual procurement plan and project risk register)
Qualifications
More than 4 years of experience in managing stores, inventory management and scrap management
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