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
Vendor negotiation for second stock clearance
Tracking of Internal audit aspects related to stock & sales
Evaluate the shrinkage & damage data through simple process
NTG Budget & Procurements
SVI order tracking & MIS
Insurance coverage & claims
Good in Process Adherence
Logistics & Documentation as per GST requirement
Total 20 Years of experience in Inventory Accounting, Auditing, Warehouse & supply chain Management
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