Store and Inventory Controller

The role of a Store and Inventory Controller involves ensuring efficient management of the store’s inventory. This position serves as a crucial component in maintaining optimal stock levels and ensuring operational efficiency. It includes overseeing the receipt, storage, and distribution of products, verifying inventory data, and organizing storage facilities. The individual holding this role will collaborate with different departments to forecast inventory needs and anticipate upcoming demand. Monitoring inventory levels to prevent stockouts or overstock scenarios is also central to this role. Additional duties might encompass conducting regular audits to confirm inventories align with recorded data and implementing strategies to minimize any losses or discrepancies within the inventory system. Effective coordination with purchasing departments, analysis of inventory trends, and generating detailed inventory reports for management’s review are essential to drive better decision-making processes. A knack for problem-solving, excellent organizational skills, and proficient use of inventory management software would be highly beneficial for success in this role.

Responsibilities

• Manage and maintain the accuracy of inventory records across all store locations.
• Implement and oversee daily inventory control procedures and processes.
• Coordinate the receiving process for shipments and restocking of items.
• Keep track of stock levels, conducting regular physical counts of inventory in the store.
• Supervise the work of inventory staff and provide training when necessary.
• Generate comprehensive inventory reports for management’s review and analysis.
• Collaborate with the purchasing team to reorder stock based on demand forecasts.
• Provide accurate and timely information regarding inventory status to relevant departments.
• Develop strategies for managing obsolete and slow-moving inventory items.
• Ensure compliance with safety, quality, and operational metrics within the store.
• Monitor efficiency and implement measures to control inventory costs effectively.
• Identify and resolve issues related to discrepancies in inventory records promptly.

Requirements

• Proven experience in store management or inventory control for at least 3 years.
• Bachelor’s degree in Supply Chain Management, Business, or a related field.
• Strong analytical skills and attention to detail for identifying inventory issues.
• Proficiency in using inventory management software or related systems.
• Excellent communication skills to coordinate with multiple departments effectively.
• Ability to multitask and handle various inventory-related challenges efficiently.
• Strong leadership skills with experience managing a small team or staff.