An Inventory Head is responsible for overseeing and managing all inventory-related activities within an organization. This role ensures that stock levels are maintained, goods are properly stored, and inventory data is accurately recorded. The responsibilities typically include:
1. Inventory Management: Overseeing stock levels to prevent shortages or overstocking, ensuring that the right amount of product is available at the right time.
2. Record Keeping: Ensuring that inventory records are accurate and up-to-date, including conducting regular stock audits and reconciliation.
3. Team Supervision: Leading and managing a team responsible for inventory control, warehouse operations, and logistics.
4. Procurement and Supply Chain Coordination: Working closely with the procurement team to order new stock and coordinate deliveries with suppliers.
5. Inventory Optimization: Implementing strategies to improve inventory turnover, reduce holding costs, and increase efficiency.
6. Compliance and Safety: Ensuring that all inventory processes comply with company policies and safety standards.
7. Reporting: Generating reports on stock levels
