Sun Pharma—Senior Manager - Inventory Management

Job description

Description: Job Title: Manager / Sr. Manager – Inventory Management Business Unit: SCM Job Grade Location : Mumbai – Sun House At Sun Pharma, we commit to helping you “Create your own sunshine”— by fostering an environment where you grow at every step, take charge of your journey and thrive in a supportive community. Are You Ready to Create Your Own Sunshine? As you enter the Sun Pharma world, you’ll find yourself becoming ‘Better every day’ through continuous progress. Exhibit self-drive as you ‘Take charge’ and lead with confidence. Additionally, demonstrate a collaborative spirit, knowing that we ‘Thrive together’ and support each other’s journeys.” Key responsibilities: Operations Management (SGO International Plants) - Monitor plant-level inventory health and ensure accurate and real-time stock visibility. - Ensure effective material planning and availability aligned with production requirements. - Manage batch-wise inventory tracking and shelf life monitoring. - Proactively identify and mitigate risks related to excess inventory, expiries, and stock-outs. Inventory Optimization & Working Capital Management - Lead initiatives to reduce overall inventory levels while maintaining customer service commitments. - Evaluate and optimize safety stock strategies, replenishment models, stocking policies, and inventory segmentation approaches. - Drive continuous improvement programs focused on inventory turns, stock availability, and inventory productivity. - Identify opportunities to minimize excess inventory and improve inventory utilization across global facilities Digital Transformation & Process Automation - Champion automation of inventory reporting and analytical processes through advanced BI and planning tools. - Identify opportunities to eliminate manual reporting activities and enhance real-time visibility. - Support digital transformation initiatives involving predictive analytics, AI, and intelligent inventory management solutions. - Implement scalable reporting frameworks to support global growth and operational excellence. - Establish and govern standardized inventory reporting processes across international manufacturing plants and distribution networks. - Ensure consistent inventory policies, data standards, and KPI definitions across all geographies. - Monitor global inventory health, identify risks, and drive corrective actions to improve inventory productivity. - Lead governance reviews for inventory accuracy, inventory aging, excess stock, slow-moving materials, and obsolete inventory. Cross-Functional Coordination - Partner with manufacturing plants, supply chain planning, procurement, logistics, finance, and commercial teams across multiple regions. - Provide inventory insights to support Sales & Operations Planning (S&OP) and Integrated Business Planning (IBP/Kinaxis) processes. - Act as the central point of contact for inventory analytics and reporting requirements for international stakeholders. - Facilitate alignment between global standards and regional business requirements. Travel Estimate 3-5 days a quarter Job Requirements Educational Qualification - Postgraduate in Supply Chain / Operations / or related field Experience - 10-15 years of experience in inventory management or SCM Supply Planning/ Operations - Prior experience in pharmaceutical (formulation) industry preferred Your Success Matters to Us At Sun Pharma, your success and well-being are our top priorities! We provide robust benefits and opportunities to foster personal and professional growth. Join us at Sun Pharma, where every day is an opportunity to grow, collaborate, and make a lasting impact. Let’s create a brighter future together! Disclaimer: The preceding job description has been designed to indicate the general nature and level of work performed by employee within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees as assigned to this job. Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of incumbent(s).