Inventory Control Specialist

Job Description

Roles & Responsibilities

An Inventory Control Specialist is responsible for managing and overseeing the inventory of products and materials within a company. Their primary goal is to ensure that inventory levels are optimized, accurate, and aligned with production or sales needs. They track inventory movements, conduct regular audits, and work to minimize stock discrepancies, waste, and losses. The Inventory Control Specialist plays a key role in maintaining the balance between supply and demand, ensuring that the company has the right amount of inventory at the right time.

Key Responsibilities:

Inventory Management: Monitor and maintain current inventory levels.

Conduct regular physical counts and reconcile with the inventory management system.

Investigate and resolve discrepancies between physical counts and computer records.

Oversee and manage the receipt, storage, and issuance of products.

Data Entry and Reporting: Record and update inventory records in the database.

Generate and analyze inventory reports to identify trends, issues, and improvement opportunities.

Prepare and distribute inventory reports to management and relevant departments.

Coordination: Coordinate with procurement, sales, and production departments to ensure accurate inventory levels.

Communicate with suppliers and vendors regarding orders, deliveries, and discrepancies.

Work with the warehouse and logistics team to optimize storage and distribution processes.

Quality Control: Inspect incoming and outgoing shipments for accuracy and quality.

Ensure inventory is stored in compliance with company policies and safety regulations.

Implement and maintain proper labeling and tagging of inventory items.

System Maintenance: Maintain and update the inventory management software.

Troubleshoot system issues and work with IT to resolve them.

Train new staff on inventory control processes and systems.

Process Improvement: Identify and implement process improvements to enhance inventory accuracy and efficiency.

Develop and update inventory control procedures and policies.

Conduct audits and provide recommendations for inventory management improvements.

Qualifications:

Education: Bachelor s degree in Supply Chain Management, Business Administration, or a related field (preferred).

Experience: Proven experience as an Inventory Control Specialist or similar role preferably in the retail industry.

Familiarity with inventory management software (PIMS).

Skills: Strong analytical and problem-solving skills.

Excellent attention to detail and organizational skills.

Effective communication and interpersonal abilities.

Proficiency in Microsoft Office Suite, particularly Excel.

Company Industry

Recruitment
Placement Firm
Executive Search
Department / Functional Area

Logistics
Supply Chain