Manager – Inventory & Operational Effectiveness, SCM Gold
Skills
About This Role
Key Responsibilities
- Oversee end‑to‑end gold inventory management including raw gold, WIP, semi‑finished, and finished goods.
- Ensure accurate inventory accounting, reconciliation, and traceability across all SCM touchpoints.
- Define and monitor inventory norms, safety stock levels, and turnover targets.
- Lead periodic physical audits and cycle counts, ensuring zero variance and high accuracy.
- Implement controls to minimize inventory losses, shrinkage, and obsolescence.
- Drive continuous improvement initiatives to enhance SCM efficiency, throughput, and productivity.
- Identify operational bottlenecks and implement process improvements using Lean / Six Sigma principles.
- Standardize operating procedures across inventory handling, storage, dispatch, and receiving.
- Improve order fulfillment cycle times and service levels.
- Work closely with procurement, production, logistics, and sales teams to align inventory plans with demand forecasts.
- Optimize material flow across refineries, vaults, warehouses, and distribution centers.
- Coordinate with logistics partners to ensure secure, compliant movement of gold.
- Ensure strict adherence to regulatory, statutory, and internal control requirements related to gold handling.
- Implement robust security, audit, and compliance mechanisms aligned with industry best practices.
- Support internal and external audits and ensure closure of audit observations.
- Leverage ERP and inventory management systems for real‑time visibility and reporting.
- Develop dashboards and MIS on inventory health, operational KPIs, and cost metrics.
- Drive system enhancements and digital initiatives for improved SCM transparency.
- Collaborate with cross‑functional stakeholders to achieve operational and business objectives.
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