Inventory Control Specialist (225-1016)

An Inventory Control Specialist is a crucial part of a company's supply chain team, directly overseeing the efficient and accurate management of a business’s inventory systems. Their primary role focuses on handling stock levels, conducting cycle counts, and ensuring all records and databases are updated and correct. Effective communication skills are essential for this role, as Inventory Control Specialists work closely with various departments to reconcile inventory discrepancies and ensure a smooth operation. They must also possess strong analytical skills to forecast future inventory needs and suggest improvements in processes and procedures that could boost productivity and reduce waste. With a keen eye for detail and proficiency in inventory management software, these specialists uphold the integrity of inventory systems and contribute significantly to the organization's financial health.

Responsibilities

• Monitor and maintain current inventory levels, ensuring they are accurate and up to date.
• Conduct regular cycle counts and physical inventory audits to verify data accuracy.
• Investigate inventory discrepancies and report findings to management promptly.
• Develop efficient inventory management procedures to enhance operational efficiency.
• Coordinate with different departments to streamline the inventory control process.
• Ensure proper labeling and storage of all inbound and outbound products.
• Generate regular inventory reports and present findings to senior management.
• Utilize inventory management software systems to track and manage inventory data.
• Identify and resolve potential inventory issues before they impact supply chain continuity.
• Analyze data to forecast future inventory needs and adjust stock levels accordingly.
• Train and mentor junior staff on inventory control best practices and procedures.
• Maintain a clean, organized, and safe environment in inventory storage areas.

Requirements

• Bachelor’s degree in Supply Chain Management, Business, or a related field.
• Proven experience of at least 3 years as an Inventory Control Specialist.
• Proficient in using inventory management and ERP software applications.
• Excellent communication skills to liaise with various departmental teams.
• Strong analytical and problem-solving skills are essential for this role.
• Detail-oriented with exceptional organizational and multitasking abilities.
• Knowledge of inventory auditing procedures and compliance requirements.
• Ability to work in a fast-paced environment and manage stress effectively.