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Commercial Material Officer

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Reliance Retail

28d ago

  • Job
    Full-time
    Mid & Senior Level
  • Data
    Business, Operations & Strategy
  • Bulandshahr

AI generated summary

  • You should possess finance management, analysis, problem-solving, and strong communication skills, with a focus on results, teamwork, coordination, and professional grooming.
  • You will ensure stock replenishment, manage consumables, maintain zero defects, track inventory issues, oversee store operations, and ensure timely billing and compliance audits.

Requirements

  • Job Requirements
  • Functional Competencies
  • Operational Effectiveness
  • Finance Management
  • Analysis and Problem Solving
  • Results Orientation
  • Behavioural Competencies
  • Soft Skills
  • Grooming
  • Result orientation follow-ups Skills
  • Coordination Skills
  • Teamwork
  • Communication Skills - Verbal, Non Verbal, Language

Responsibilities

  • Ensure 100% stock replenishment for best sellers in Accessories and maintain compliance with zero billing errors.
  • Manage consumable postings twice a month and raise STOs as required.
  • Achieve SIT compliance with no delays over 5 days and keep MBLB under 0.50 Lacs for over 21 days.
  • Maintain zero defective stock for specified categories and keep Global PI Shrinkage at or below 0.1%.
  • Ensure 100% compliance with Auto PI and SLOC corrections.
  • Track and resolve negative inventory issues.
  • Post petty cash expenses monthly and ensure daily EDC batch settlements.
  • Close control accounts, paper finance cases, and billing pendencies within defined TATs.
  • Achieve 100% of AOP sales plan and maintain EMI business CC/DC EMI at 30%.
  • Manage store operations, demonstrating leadership and entrepreneurial orientation.
  • Ensure proper inventory management, shrinkage control, and adherence to merchandising layouts.
  • Log utility readings, process bills timely, and audit planograms for process compliance.

FAQs

What qualifications are required for the position of Commercial Material Officer?

A graduation or post-graduate degree is required for this position.

What are the key responsibilities of a Commercial Material Officer?

The key responsibilities include managing inventory and cash transactions, ensuring stock replenishment and compliance, resolving negative inventory issues, and maintaining operational effectiveness in store activities.

What skills are necessary for success in this role?

Necessary skills include statistical analysis, machine learning, Python programming, data visualization, predictive modeling, big data expertise, SQL knowledge, and data mining.

How important is inventory management in this role?

Inventory management is extremely important as the role involves maintaining stock levels, managing shrinkage, and preventing defective stock.

What performance indicators will be used to measure success in this position?

Key performance indicators include service quality scores, customer appreciation, defect management, stock reporting, and EOL audits.

Is there a specific focus on financial management in this role?

Yes, there is a significant focus on finance management, including petty cash expenses, billing pendencies, and achieving sales plans.

What behavioral competencies are important for a Commercial Material Officer?

Important behavioral competencies include strong soft skills, grooming, result orientation, follow-up skills, coordination, teamwork, and effective communication skills.

Is prior experience in store operations required for this position?

While specific experience requirements are not detailed, prior experience in managing store operations would be beneficial for this role.

What tools or technologies are used in this role?

Tools related to statistical analysis, data visualization, and inventory management software may be utilized.

What is the emphasis on teamwork in this role?

Teamwork is essential as the role involves coordination with various departments to ensure effective store operations and inventory management.

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Reliance Retail

2006

Retail & Consumer Goods
Industry
10,001+
Employees

Mission & Purpose

Reliance Retail is a leading retail company in India, focused on providing a diverse range of products and services across various sectors, including grocery, electronics, apparel, and more. Their ultimate mission is to enhance the shopping experience for customers by offering quality products at competitive prices, while also fostering economic growth and job creation. Reliance Retail aims to serve the evolving needs of consumers through innovative retail formats and technologies, ultimately striving to become the preferred shopping destination for millions of customers across the country.