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Commercial & Material Executive

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Reliance Retail

1mo ago

  • Job
    Full-time
    Senior Level
  • Customer Relations
    Logistics
  • Hyderabad, +1

AI generated summary

  • You must demonstrate finance management, problem-solving, result orientation, teamwork, effective communication, and strong coordination, along with professional grooming and essential soft skills.
  • You will manage stock replenishment, ensure zero billing errors, track negative inventory, oversee petty cash, and maintain compliance in operations and inventory management.

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 Commercial & Material Executive position?

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

What are the key responsibilities of the Commercial & Material Executive?

Key responsibilities include managing stock replenishment, ensuring compliance with inventory standards, tracking negative inventory issues, managing store operations, and achieving sales plans among others.

What skills are essential for this role?

Essential skills include inventory management, visual merchandising, customer service, team leadership, sales forecasting, budget management, vendor relations, and problem-solving.

How is performance measured for the Commercial & Material Executive position?

Performance is measured through key performance indicators such as service quality scores, customer appreciations, store profitability, defective management, and accuracy of stock reporting.

Is there an emphasis on inventory management in this role?

Yes, effective inventory management and shrinkage control are critical elements of the Commercial & Material Executive role.

What is the expected approach to problem-solving within the role?

The role requires strong analysis and problem-solving competencies to track issues and implement effective solutions related to inventory and store operations.

What functional competencies are required for success in this position?

Required functional competencies include operational effectiveness, finance management, analysis and problem-solving, and results orientation.

Does the role involve customer service responsibilities?

Yes, providing excellent customer service and improving customer appreciations are important aspects of the role.

Are leadership skills important for the Commercial & Material Executive?

Yes, demonstrating leadership and team management is crucial for managing store operations effectively.

Is teamwork emphasized in this position?

Yes, teamwork and coordination skills are key behavioral competencies necessary for success in the role.

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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.