Inventory Control Specialist 07J26

An Inventory Control Specialist is pivotal to maintaining the efficiency and organization of a company's inventory. This professional ensures the systematic flow of stock within the business, maximizing productivity, and minimizing unnecessary expenditures. Tasked with maintaining accurate inventory records, the specialist's role is essential for continuous availability of products and materials, preventing any interruptions in the supply chain. Their keen eye for detail ensures that stock levels are continually optimized, presenting valuable insights into inventory management processes. By implementing and improving practices, they contribute significantly to the organization's bottom line. A successful Inventory Control Specialist blends systematic problem-solving skills with technological know-how, providing excellent communication and analytical skills to communicate effectively with suppliers, colleagues, and stakeholders.

Responsibilities

• Maintain an accurate and updated record of all inventory items and levels.
• Conduct regular audits to ensure alignment of physical and documented inventory.
• Coordinate with suppliers and vendors to ensure timely delivery of materials.
• Develop and implement inventory management strategies and procedures.
• Monitor stock levels and perform analysis to optimize inventory efficiency.
• Identify and resolve discrepancies in inventory records through diligent investigation.
• Collaborate with departmental managers to forecast inventory requirements accurately.
• Prepare routine inventory reports to provide data-driven insights on stock levels.
• Ensure compliance with health and safety standards in all inventory management practices.
• Assist in the planning and execution of annual or periodic inventory counts.
• Manage inventory across multiple warehouse locations, ensuring proper allocation.
• Utilize inventory software systems to track and manage inventory movements effectively.

Requirements

• Bachelor's degree in supply chain management, logistics, or a related field.
• Proven experience in inventory control or similar inventory management roles.
• Strong knowledge of inventory management software and systems is essential.
• Exceptional analytical skills with an ability to make data-driven decisions.
• Strong organizational skills with a keen attention to detail in tracking inventory.
• Effective communication skills to liaise with suppliers and internal teams.
• Capable of managing multiple tasks simultaneously in a fast-paced environment.