Inventory Control Specialist (225-611)

An Inventory Control Specialist plays a crucial role in managing and maintaining a company's inventory levels to ensure smooth operations and avoid overstocking or stockouts. This position is responsible for ensuring accurate inventory records and conducting physical counts to verify data. The specialist works closely with various departments, including procurement, operations, and sales, to optimize inventory levels based on demand forecasts and business needs. This role requires a keen eye for detail, strong organizational skills, and the ability to analyze inventory metrics to drive decisions. An Inventory Control Specialist also implements and supports inventory management systems and may assist in training other staff on inventory control processes.

Responsibilities

• Maintain accurate records of all inventory transactions within the inventory management system.
• Conduct regular physical inventory counts and reconcile discrepancies with digital records.
• Collaborate with procurement and sales teams to forecast demand and plan inventory levels.
• Analyze inventory data to identify trends, shortages, and overstock issues to optimize stock levels.
• Develop, implement, and maintain inventory control procedures and best practices.
• Assist in training staff on proper inventory handling and record-keeping techniques.
• Generate and analyze reports on inventory statuses, discrepancies, and shrinkage for management review.
• Work with warehouse personnel to ensure effective storage and movement of inventory items.
• Manage cycle count programs to ensure ongoing inventory accuracy and integrity.
• Investigate inventory discrepancies, identify root causes, and implement corrective actions.
• Facilitate audits of inventory procedures and processes to ensure compliance with policies.
• Support the implementation and upgrading of inventory management software systems.

Requirements

• Bachelor's degree in supply chain management, logistics, or a related field preferred.
• Proven experience in inventory management or a related field is required.
• Strong analytical skills with the ability to interpret complex data accurately.
• Proficiency in inventory management software and Microsoft Office Suite applications.
• Excellent attention to detail and strong organizational skills are essential.
• Exceptional communication skills for working with various departments and stakeholders.
• Ability to work independently and manage multiple tasks and projects simultaneously.