Inventory Control Specialist (Finance)
Overall Responsibilities:
An inventory control specialist monitors and manages a company's stock to ensure optimal levels, accuracy, and efficiency within the supply chain. Key responsibilities include tracking inventory, performing audits, managing orders and shipments, using inventory software, and developing systems to prevent shortages or overstocking. They collaborate with other teams to maintain accurate records and ensure products are available when and where needed, contributing directly to profitability.
RESPONSIBILITIES:
- Inventory Monitoring: Track incoming and outgoing products, supplies, and equipment to maintain accurate stock levels.
- Order & Shipment Management: Oversee purchase orders, receiving, and shipping processes to ensure accuracy and timely delivery.
- Inventory Audits: Conduct regular physical counts and cycle counts to reconcile stock records and identify discrepancies.
- System Management: Develop and maintain inventory control systems and utilize inventory management software for tracking and reporting.
- Logistics Coordination: Work with various departments to coordinate stock transfers, manage logistics, and ensure proper storage.
- Loss Prevention: Monitor for shrinkage, obsolete items, and breakage, and implement strategies to reduce these issues.
- Forecasting & Replenishment: Analyze demand to forecast needs and determine when to reorder items, preventing shortages and overstocking.
- Development of the cycle count reports.
- Corrective actions for prevention of future issues discovered during cycle counting.
- Calculation of finished goods values for financial reporting
- Responsible for the storage, issue and receipts and staging of the inventories
- Support reporting activities including quarterly usage and age reports, across the dock information for savings and month end inventory balances.
- Willingness to work overtime, holidays, weekends as required.
• Other duties as assigned
Characteristics and skills:
- MRP and ERP system knowledge
- Strong oral and written communication skills
- Highly motivated with winning and positive attitude
- Ability to operate related office equipment, such as computers and copiers.
- Ability to work independently.
- Ability to anticipate work needs and interact professionally with customers.
- Excellent organizational skills and attention to detail.
Educational and other requirements:
- High School Diploma or GED equivalent
- Five plus years Warehouse and Inventory Control experience
#LI-DNI
Required Education: Equivalent Experience
Travel Percentage: 0.0
Travel Required: No
Virtual Job: false
