Inventory Control Specialist (225-831)

An Inventory Control Specialist is a vital role within a company responsible for ensuring accurate inventory records and optimizing inventory levels to meet customer demand and minimize costs. This position involves managing the flow of inventory, analyzing inventory data, and implementing inventory control procedures. The Inventory Control Specialist works closely with purchasing, sales, and logistics teams to maintain inventory accuracy and efficiency. Strong attention to detail, problem-solving skills, and proficiency in inventory management software are crucial for success in this role. This position offers the opportunity to streamline operations, reduce waste, and support the organization's overall supply chain strategy.

Responsibilities

• Monitor and analyze inventory levels to ensure accuracy and optimal stock availability.
• Conduct regular audits of inventory to identify discrepancies and resolve issues.
• Coordinate with purchasing and sales teams to forecast inventory needs accurately.
• Develop and implement efficient inventory control procedures and best practices.
• Use inventory management software to track, record, and update inventory data.
• Prepare and present inventory status reports for management and relevant stakeholders.
• Identify opportunities to enhance inventory control and reduce excess stock levels.
• Train and guide staff on inventory control policies, procedures, and initiatives.
• Collaborate with the logistics team to oversee the distribution and storage processes.
• Ensure compliance with safety standards and regulatory requirements for inventory storage.
• Conduct cycle counts and participate in annual physical inventory reconciliation.
• Address any supply chain issues, disruptions, or discrepancies promptly and effectively.

Requirements

• Bachelor’s degree in business, logistics, supply chain management, or related field.
• Minimum of 3 years experience in inventory management or a related role.
• Proficiency in using inventory management software and Microsoft Office Suite applications.
• Strong analytical skills and attention to detail for effective inventory analysis.
• Excellent communication skills to collaborate with multiple departments and stakeholders.
• Ability to manage multiple tasks and priorities with a focus on meeting deadlines.
• Proven track record of implementing inventory control best practices and solutions.