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Inventory Controller

Twin Health

Twin Health

Accounting & Finance
Bengaluru, Karnataka, India
Posted on Aug 25, 2023

Twin Health

At Twin Health, we empower people to reverse, prevent and improve chronic metabolic diseases. Twin Health invented The Whole Body Digital Twin™ , a dynamic representation of each individual’s unique metabolism, built from thousands of data points collected daily via non-invasive sensors and self-reported preferences. The Whole Body Digital Twin delivers a new standard of care, empowering physicians and patients to make personalized data-driven decisions.

Working here

Our team is passionate, talented, and driven by our purpose to improve the health and happiness of our members. Our culture empowers each Twin to do what’s needed to create value for our customers and our company, and enjoy their experience at work. Twin Health was awarded Innovator of the Year by Employer Health Innovation Roundtable (EHIR) (out of 358 companies), named to the 2021 CB Insights Digital Health 150, and recognized by Built In's 2022 Best Places To Work Awards. In October 2021, Twin Health announced its Series C funding round of $155M, led by ICONIQ Growth, enabling us to scale services in the U.S. and globally, helping to solve the global chronic metabolic disease health crisis. We have recently announced broad and growing partnerships with premier employers, such as Blackstone and Berkshire Hathaway. We are building the company you always wished you worked for. Join us in revolutionizing healthcare and building the most impactful digital health company in the world!

Excited to join us and do your part in improving people’s health and happiness?

Location - Based in Bangalore

Languages Preferred - Hindi ,English, Kannada

Roles and Responsibilities:
  • Inventory Management: Monitor and maintain accurate inventory levels of all
    products, materials, and supplies. Implement inventory control best practices to
    prevent stockouts and overstock situations.
  • Procurement and Replenishment: Collaborate with purchasing teams to ensure
    timely procurement of materials and products as per demand forecasts. Determine
    reorder points and quantities based on historical data and market trends.
  • Data Analysis: Regularly analyze inventory data to identify trends, demand
    patterns, and slow-moving items. Generate reports and insights to support informed
    decision-making.
  • Inventory Accuracy: Conduct regular cycle counts, audits, and reconciliations to
    ensure inventory accuracy. Investigate and resolve discrepancies between physical
    counts and system records.
  • Warehousing and Storage: Organize and optimize warehouse space to facilitate
    efficient storage and retrieval of items. Implement proper shelving, labeling, and
    organization systems.
  • Supply Chain Collaboration: Work closely with cross-functional teams, including
    logistics, sales, and production, to align inventory levels with operational needs.
    Coordinate with suppliers to manage lead times and ensure consistent supply.
    Obsolete and Excess Inventory Management: Identify and manage obsolete or
    excess inventory. Implement strategies to minimize write-offs and disposal costs.
  • Documentation: Maintain comprehensive and up-to-date inventory records using
    inventory management software. Ensure accurate documentation of receiving,
    storage, and distribution activities.
  • Process Improvement: Continuously review and improve inventory management
    processes to enhance efficiency, accuracy, and cost-effectiveness. Propose and
    implement process enhancements as needed.
  • Compliance: Ensure compliance with regulatory standards and company policies
    related to inventory management, storage, and reporting.

Qualifications:

  • Any Bachelor's degree
  • Proven experience in inventory control, warehouse management, or related roles.
  • Strong analytical skills with the ability to interpret data and trends.
  • Proficiency in using inventory management software and the Microsoft Office Suite
  • Excellent organizational skills and attention to detail.
  • Effective communication and interpersonal skills for cross-functional collaboration.
  • Problem-solving mindset with the ability to identify and resolve issues proactively.
  • Knowledge of inventory control best practices and supply chain principles.
  • Familiarity with industry-specific regulations and compliance standards.
  • Ability to work in a fast-paced environment and manage multiple priorities.