Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic
Padma Charan Nayak

Padma Charan Nayak

Regional Inventory Control Manager
Haryana

Summary

Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.

Overview

21
21
years of professional experience
4
4
years of post-secondary education
3
3
Certifications
3
3
Languages

Work History

Regional Inventory Controller- Commercial Manager

Lifestyle International Pvt Ltd
Gurgaon
04.2017 - Current
  • Inventoried Stores & warehouse stock on monthly, half yearly and annual basis for more than 60k sku’s.
  • Monitor the inventory loss & share the report to management for further action
  • Maintain the shrinkage & damage under agreed norms.
  • Self-motivated, with a strong sense of personal responsibility.
  • Proven ability to learn quickly and adapt to new situations.
  • Process damage goods and complete wasted inventory paperwork on monthly basis.
  • Have motivate and manage the activities,responsibility and performance more than 50 members.
  • Have thorough knowledge of procedures involved in Inventory Planning, internal movement of Inventory, Cost minimization and logistic planning.
  • Vendor negotiation & Liquidation of aged stock with maximum realization value.
  • Ensuring Insurance coverage for all inventory & assets for region.
  • Track for Insurance claim & timely settlement
  • Tracking & monitoring the NTG procurement and consumption pattern.
  • Monitoring the RTV's requests & timely clearance.
  • Exercised leadership capabilities by successfully motivating and inspiring others.
  • Managed time efficiently in order to complete all tasks within deadlines.
  • Skilled at working independently and collaboratively in a team environment.
  • Performing cost centre analysis, comparing stock loss & sales for store.

Inventory Control Asst. Manager

Lifestyle International Pvt Ltd
New Delhi
04.2010 - 03.2017
  • Supported audits, shortage control initiatives and disposition by preparing and reviewing associated paperwork.
  • Generated comprehensive reports documenting evidence of attempted theft and recovered merchandise.
  • Calmly and efficiently addressed emergency situations such as safety hazards and threats to life or property, deescalating when possible, and directing shoppers to safety.
  • Attentively monitored store and surrounding areas for signs of attempted theft by customers or personnel, intervening when necessary.
  • Analyzing trends to research for variations in Inventory by monthly/half yearly variance commentary, NTG expense analysis, comparing with budget.
  • Investigated and documented thefts and suspicious activity to improve issue prevention.
  • Trained personnel on security best practices, protocols and procedures as per company policy
  • Trained all new executives on process controls & measures.
  • Worked with auditors to conduct investigations into suspected theft or fraud by internal personnel.
  • Taking measures to prevent pilferage & investigating losses after tracking receipt of materials.
  • Prepare & planning for PI & Stock Take schedule for the Region.
  • Performed thorough cash audits and deposit investigations.
  • Trained retail managers and store employees on loss control and prevention measures.
  • Streamlining system and procedures for effective control and ensuring ready availability of stocks to meet requirement.
  • Preparation SVI order performance for stores on weekly to enhance fulfillment %.

Inventory Control Executive

Lifestyle International Pvt Ltd
Gurgaon
06.2004 - 03.2010
  • Traced item history to determine reason for discrepancies between inventory and stock control records.
  • Maintained control of cycle counts, physical inventory and discrepancy research.
  • Motivated teams to exceptional performance through implementation of new strategies.
  • Tracking & monitoring the WH dispatches & ensuring timely inward.
  • Maintained safe work environment and confirmed current compliance.
  • Monitoring all types of transaction related to Inventory (Like: Goods Receiving Note (GRN), Advance Shipment No (ASN)/Stock Transfer Note (STN),Purchase Return Note(PRN)/Return to Vendor (RTV),Merchandise Return Note (MRN),Stock Adjustment Report (SAD) and Making Allocations for Stores etc.)
  • Monitoring the local & Inter Region GIT (Goods in Transit) & settlement within the time frame
  • Planning & conducting the monthly & half yearly Stock Take to calculate the actual stock loss for the company which is booked in P & L account.
  • Analyzing the stock loss & provide the suggestive anticipated POA to management to avoid the stock loss in future.
  • Monitoring the Inventory damages which occurring during transit, near to expiry stock, analyzing & take corrective action to maintain the minimum level (0.5%) on turn over.
  • Monitoring all types of Inventory reports in stores ( like Exchange, Discount, Cash Refund, Price Override ,cancellation transaction, suspended & deleted item) to control the store shrinkage.
  • Inventoried warehouse stock on monthly, quarterly and annual basis

Account Assistant

Promex Elitline Pvt Ltd
New Delhi
04.2003 - 05.2004
  • Data Analyzing, Maintaining optimum stock level of raw material & finished goods, preparing & publishing different types of MIS Reports.
  • Preparing invoices for diff. parties for their requirements & make the despatched as per their orders.
  • Entered customer order details into system, accepted payments and updated accounts.
  • Maintained inventory of office supplies and placed orders.
  • Prepared and mailed account statements to vendors and kept meticulous correspondence documentation.
  • Corrected discrepancies in financial records for balanced books.
  • Prepared documentation for travel reimbursement
  • Reconciled bank statements for accuracy and completeness.
  • Processed employee reimbursements quickly.
  • Managed invoices, payments and deposits, maintaining accurate expenditure records.
  • Generated financial reports and summaries for management review.

Account Assistant

M/S Sigma Constructions
Kolkata
05.2002 - 03.2003
  • Entered customer order details into system, accepted payments and updated accounts.
  • Maintained inventory of office supplies and placed orders.
  • Preparing & consolidating vouchers
  • Maintain petty cash register & maintain stock ledger
  • Dispatching material as per requisition received from different branches
  • Preparing weekly MIS report for East Regions includes (Kolkata, Orissa, MP, Bihar)

Education

Bachelor of Commerce - Financial Accounting

Utkal University
Bhubaneswar, Odisha, India
03.1998 - 03.2000

MBA - Retail Operations

Manipal University
Distance Course, Jaipur
04.2013 - 03.2015

Skills

Good in Inventory Health Card

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Certification

Best IDEATOR award (Certificate of Excellence)

Timeline

Best IDEATOR award (Certificate of Excellence) Runner-up

05-2017

Regional Inventory Controller- Commercial Manager

Lifestyle International Pvt Ltd
04.2017 - Current

Best IDEATOR award (Certificate of Excellence)

03-2015

Best IDEATOR award (Certificate of Excellence)

03-2014

MBA - Retail Operations

Manipal University
04.2013 - 03.2015

Inventory Control Asst. Manager

Lifestyle International Pvt Ltd
04.2010 - 03.2017

Inventory Control Executive

Lifestyle International Pvt Ltd
06.2004 - 03.2010

Account Assistant

Promex Elitline Pvt Ltd
04.2003 - 05.2004

Account Assistant

M/S Sigma Constructions
05.2002 - 03.2003

Bachelor of Commerce - Financial Accounting

Utkal University
03.1998 - 03.2000
Padma Charan NayakRegional Inventory Control Manager