Parle Products has been India's largest manufacturer of biscuits and confectionery for almost 80 years. Makers of the world's largest selling biscuit, Parle-G, and a host of other very popular brands, the Parle name symbolizes quality, nutrition and great taste. With a reach spanning even to the remotest villages of India, the company has definitely come a very long way since its inception. Many of the Parle products - biscuits or confectioneries, are market leaders in their category and have won acclaim at the Monde Selection, since 1971. With a 40% share of the total biscuit market and a 15% share of the total confectionary market in India, Parle has grown to become a multi-million dollar company. While to the consumers it's a beacon of faith and trust, competitors look upon Parle as an example of marketing brilliance.
VACANCY DETAILS :-
POST NAME - Executive Costing
QUALIFICATION - CMA/MBA
EXPERIENCE - 2 To 5 Years
LOCATION - Mumbai
JOB DESCRIPTION :-
1. Inventory Management
- Monitor and control inventory levels of raw materials (flour, sugar, oil, etc.), packaging materials, and finished goods.
- Ensure optimal stock levels to support production without excess or shortage.
- Track batch-wise and expiry-wise inventory (critical for FMCG products like biscuits).
2. Stock Control & Accuracy
- Conduct regular physical stock verification and cycle counts.
- Reconcile physical vs system stock and investigate discrepancies.
- Ensure proper documentation and control for stock adjustments and variances.
3. SAP/ERP Operations
- Maintain accurate inventory records in SAP/ERP system (GRN, issue, transfers, stock postings).
- Monitor real-time inventory data and ensure system accuracy.
- Support month-end closing activities related to inventory.
4. Material Movement & Coordination
- Coordinate with production, stores, procurement, and dispatch teams for smooth material flow.
- Ensure timely issue of materials to production as per production plan.
- Manage inter-plant or warehouse stock transfers efficiently.
5. FIFO / FEFO Compliance
- Ensure adherence to FIFO (First-In-First-Out) / FEFO (First-Expiry-First-Out) principles.
- Monitor expiry risks and slow-moving inventory, especially critical in food products.
6. Loss Control & Waste Management
- Track and report material consumption variances and wastage.
- Identify reasons for losses, damages, or pilferage and recommend corrective actions.
7. Reporting & Analysis
- Generate daily, weekly, and monthly inventory reports (stock position, aging, slow/non-moving stock).
- Provide analysis to management for decision-making and cost control.
8. Compliance & Audit
- Ensure compliance with internal controls, audit requirements, and food safety standards.
- Support internal and external audits related to inventory and stock processes.
- Product Cost knowledge must.
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