Inventory Controller (225-914)

An Inventory Controller plays a critical role in the seamless operation of any business that deals with physical products or goods. They are primarily responsible for overseeing, managing, and optimizing a company’s inventory levels to ensure adequate stock supply without surplus, which can lead to waste. In today’s fast-paced environment, maintaining an accurate and efficient inventory system is vital for sustaining intrinsic value and service excellence. The Inventory Controller works closely with various departments, including purchasing, sales, and production, ensuring that inventory processes are streamlined. Their duties extend to analyzing inventory reports, facilitating in-depth audits, and implementing strategic inventory control initiatives that align with the organization's operational goals. An effective Inventory Controller contributes significantly to minimizing cost, maximizing efficiency, and securing the company's operational work-flow. Success in this role requires outstanding analytical skills, meticulous attention to detail, and the capacity to curate strategic information for senior leadership.

Responsibilities

• Monitor and manage inventory levels to align with company objectives and demand forecasts.
• Perform regular inventory audits and reconciliations to maintain accurate inventory records.
• Develop and implement operational procedures to optimize inventory control efficiency.
• Coordinate with purchasing team to ensure timely and cost-effective procurement of inventory items.
• Analyze inventory data to identify trends, variances, and areas of improvement.
• Generate comprehensive inventory reports and deliver actionable insights to management team.
• Ensure compliance with safety and hygiene processes for all inventory-controlled spaces.
• Facilitate training sessions for staff on inventory management procedures and best practices.
• Collaborate with sales and production to forecast supply and demand accurately.
• Manage and document returns and exchanges of inventory efficiently and accurately.
• Oversee the maintenance and customization of inventory software systems as required.
• Coordinate inventory disposal processes and participate in environmental sustainability initiatives.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• Minimum of 3 years experience in inventory management or a similar role.
• Proficient in the use of inventory management software and ERP systems.
• Strong analytical skills, attention to detail, and problem-solving abilities.
• Excellent communication skills and the ability to work collaboratively with diverse teams.
• Ability to multitask and prioritize tasks effectively in a fast-paced environment.
• Knowledge of supply chain procedures and best practices in inventory control.