Assistant Manager/ Deputy Manager - Business Analyst Inventory & Logistics Controlling

In India, Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has in India the largest development center outside Germany, for end to end engineering and technology solutions. The Bosch Group operates in India through twelve companies. Bosch set-up its manufacturing operation in 1951, which has grown over the years to include 18 manufacturing sites, and seven development and application centers. Bosch Group in India employs over 31,000 associates and generated consolidated revenue of about ₨.21,450 crores* (2.66 billion euros) in 2018 of which ₨. 15,824 crores*(1.96 billion euros) from third party. The Group in India has close to 18,000 research and development associates.

In India, Bosch Limited is the flagship company of the Bosch Group. It earned revenue of over ₨. 12,460 crores (1.54 billion euros) in 2018. Additional information can be accessed at www.bosch.in.

Jaipur Plant is the fourth manufacturing Plant, set-up in India in the year 1999. We are a Powertrain Solutions (PS) Plant which is known for it's operational excellence. Our safety standards are a benchmark across RO-IN, which has won us several awards & accolades by Govt. of Rajasthan. We are a team on energetic people who believe in agility & inclusiveness, open & transparent communication across various levels of organization are our USP.

We are a Lead Plant for two products, namely; VE Pump (Diesel Fuel Injection Pump) and Nozzle Holder Assembly (both are diesel intrinsic components).

We take pride in mentioning that Bosch in India a Great Place to Work certified Company.

Business Planning:

Finalize the Inventory levels - Business Plan, Current Forecast, LtPC & Fit-for-Future - Product-wise, PDCL wise - based on Targets.

Inventory & Logistics Controlling:

Co-ordinate & link information across Logistics, Value Streams to work out & administer the Inventory Performance based on Targets - Product-wise / Product Family wise. * Evaluate, Monitor & Control Logistics Costs by analyzing & providing all relevant Logistics costs & reports to LOG. * Analyze & pass Stock Amendments, Write-off in SAP system based on prescribed approval limits with clear documentation & control.

Analysis & Reporting:

Analyze all inventory types based on future volume projections, sourcing type, MoQ, supplier criticalities & other inputs and provide periodical inventory status - Product level, Material Resource Planning (MRP) controller levels to enable right planning & control of inventory. * Age-wise analysis (slow/non-moving) & timely info to management for corrective action terms of clearance/sale /alternate use or creating timely provisions. * Provide requisite inputs in connection with Advance Tax calculation on Quarterly basis.

Lead Plant Coordination & Cost Charging:

Being Lead Plant within IPN, liaize & co-ordinate with all the Service Recipient Plants & provide details on Lead Plant Cost allocation based on offer of services; finalize the Lead Plant Cost Sharing Agreement; get it approved by all Service Recipient Plants; charging LdP costs periodically & accounting appropriately in the Plant books (Plant specific).

WIP Stock-Take - Plant:

Conduct WIP stock-take as per statutory requirement & also based on business needs by coordinating with all VS, cross functional team incl. CI team by pooling resources and completing without hindering production & supplies.

Perpetual Inventory Control (Cycle Counting) :

Conduct perpetual inventory on daily basis for all types of inventory (except WIP) with due diligence & documenting approvals for deviations & complete the coverage as per guidelines.

Audit Coordination & Closures:

Liaize & coordinate for BBM Compass Audit, Monitoring Procedure Audit, Statutory Audit, Internal Audit & Physical Verification of Assets co-ordination with Value Stream, Support Functions & closure with GS, Corporate & Audit team.

Stock-take at MWS & Ware House locations:

Coordinate & conduct physical verification of stocks at Suppliers place for Material with Suppliers (MWS) items and Plant Ware-House locations on annual basis, complete reconciliation, correct system stocks with requisite approvals & debit Suppliers / Ware-House against shortages (if any) & close the transactions.

Education:

• Bachelors degree in commerce
• CA/ CMA / MBA (with Finance / Accounting as specialization) from Top 5 Institutes.

Experience:

• 3-5 years experience in handling inventory controls & reporting, logistics controlling.
• Working experience in inventory analysis, stock-take in shops, perpetual inventory controls, logistics cost analysis
• Working knowledge in matrix organization (desirable)

Knowledge:

• Advanced knowledge of business processes (manufacturing / automobile)
• Advanced knowledge on relevant accounting & cost accounting standards,
• Basic knowledge on indirect taxation,transfer price guidelines
• Advanced Knowledge on latest IT tools - SAP FI & CO, office automation tools & digitization platforms

Skills:

• Basic business acumen skills
• Basic Result orientation & future oriented skills
• Basic corporate communication skills based on business contexts

The purpose of this position is to analyze, monitor, steer, control & report all types of inventory at product & plant level and also to carry out perpetual inventory controls (cycle counting) for all inventory types as per guidelines.This position would also analyze, monitor, steer Logistics cost with the Plant Logistics team & take care of WILCO reporting, as per timelines.