Inventory Control Specialist 19N25

The Inventory Control Specialist is a critical role in maintaining the accuracy and integrity of an organization's inventory records. This position involves overseeing day-to-day inventory operations, ensuring inventory levels are precise, and coordinating with various departments to streamline inventory processes. The specialist will be responsible for implementing inventory control procedures, conducting audits, and analyzing data to forecast future needs. Effective communication skills, attention to detail, and a deep understanding of inventory management systems are essential. The Inventory Control Specialist will play a pivotal role in optimizing inventory usage and reducing waste, thereby contributing to overall cost savings and enhanced operational efficiency.

Responsibilities

• Maintain accurate inventory records by conducting regular audits and physical counts.
• Develop and implement effective inventory control procedures and policies.
• Monitor inventory levels to ensure optimal stock availability at all times.
• Coordinate with purchasing and warehouse teams to streamline inventory operations.
• Analyze inventory data to identify trends and forecast future inventory needs.
• Investigate and resolve inventory discrepancies efficiently and accurately.
• Ensure compliance with safety and regulatory standards in inventory management.
• Prepare detailed inventory reports for management to aid in decision-making.
• Work closely with suppliers to manage lead times and replenishment processes.
• Implement strategies to minimize excess stock and reduce inventory holding costs.
• Train and support junior staff in effective inventory management practices.
• Utilize inventory management software to track and report on inventory status.

Requirements

• Bachelor’s degree in supply chain management, logistics, or a related field.
• Minimum of 3 years of experience in inventory control or warehouse management.
• Strong proficiency in inventory management software and MS Office applications.
• Excellent analytical skills with a keen attention to detail and accuracy.
• Strong organizational and time-management skills with the ability to prioritize tasks.
• Solid problem-solving abilities and capability to work independently under pressure.
• Effective communication skills for coordinating with various departmental teams.