Inventory Manager—Supply Chain Optimization Leadership
Table of Contents
The Stock Guardian: Inventory Manager
Inventory managers optimize stock levels—balancing availability against tied-up capital. They earn ₹42,000-65,000/month, advancing to ₹80,000-1,40,000+/month in senior roles.
Key Responsibilities
Inventory Optimization (35%):
- Set inventory levels (how much to stock?)
- Minimize excess inventory (waste money)
- Prevent stockouts (lose sales)
- Manage inventory across multiple locations
- Calculate safety stock
Supplier Coordination (30%):
- Manage supplier relationships
- Negotiate terms and pricing
- Monitor supplier performance
- Develop supplier capacity
- Handle supplier issues
Cost Management (20%):
- Reduce inventory carrying costs
- Optimize procurement costs
- Improve cash flow
- Manage inventory write-offs
- Calculate inventory ROI
System & Process (15%):
- Manage inventory systems
- Improve tracking accuracy
- Implement controls
Analyze inventory data
Technical Skills
- Inventory management systems (ERP)
- Forecasting methods
- Supplier relationship management (SRM) systems
- ABC inventory analysis
- Economic Order Quantity (EOQ) calculations
Financial analysis
Salary Expectations
Inventory Coordinator / Specialist:
₹28,000 – ₹42,000/month
Inventory Manager:
₹42,000 – ₹65,000/month
Senior Manager / Inventory Director:
₹65,000 – ₹1,10,000+/month