Inventory Control Specialist (225-610)

An Inventory Control Specialist plays a crucial role in the efficient management and oversight of a company's inventory. This position is responsible for ensuring that inventory levels are maintained at optimal levels, preventing overstocking and stockouts. The Inventory Control Specialist utilizes various systems and processes to track inventory data, manage inventory databases, and ensure accuracy in all inventory transactions. This role involves close collaboration with other departments, such as purchasing, sales, and logistics, to forecast future inventory needs, coordinate stock movements, and provide critical insights into inventory trends. By meticulously managing inventory records and performing regular audits, an Inventory Control Specialist helps to improve warehouse efficiency and contributes to the company's overall operational effectiveness. Strong analytical skills, attention to detail, and an ability to work under tight deadlines are essential for success in this role.

Responsibilities

• Monitor and manage inventory levels to meet production and sales demands efficiently.
• Conduct regular inventory audits to ensure accuracy in inventory counts and records.
• Coordinate with the purchasing department to replenish inventory as required.
• Analyze inventory trends to forecast future inventory needs accurately.
• Implement and improve inventory management systems to boost operational efficiency.
• Address discrepancies in inventory reports by conducting thorough investigations.
• Update and maintain inventory databases with accurate and timely data entries.
• Collaborate with logistics to optimize warehousing and distribution strategies.
• Develop inventory control strategies to minimize loss and maximize availability.
• Prepare detailed reports on inventory status for management review regularly.
• Work closely with sales and operations to align inventory levels with demand.
• Train and support staff on inventory control processes and systems as needed.

Requirements

• Bachelor's degree in Business, Logistics, Supply Chain Management, or related field.
• Proven experience in inventory management or a related role is essential.
• Familiarity with inventory management software and database applications is necessary.
• Strong analytical skills to assess and interpret inventory-related data effectively.
• Excellent organizational skills to handle multiple tasks and meet deadlines.
• Attention to detail and accuracy in managing inventory records and reports.
• Effective communication skills to coordinate with cross-functional teams smoothly.
• Problem-solving abilities to address and rectify inventory discrepancies swiftly.