Manage inventory records, monitor stock levels, identify stockouts and overstock, coordinate physical counts and audits, and oversee inventory aging and disposal. Collaborate with purchasing, logistics, and cross-functional teams to improve forecasting, procurement, transportation, and inventory processes. Analyze inventory data, develop SOPs, and support continuous operational improvement while maintaining accuracy and compliance.
As an Inventory Specialist, you will play a key role in managing our inventory system and ensuring its accuracy. You will also work with other team members to improve our supply chain operations and meet our goals. To succeed in this role, you will need to have strong organizational and communication skills and the ability to thrive in a fast-paced environment. If you have experience and attention to detail in inventory management, we would love to have you on our team.
Inventory specialist responsibilities
- Maintain and update inventory records and system to ensure accurate and timely inventory tracking.
- Work with cross-functional teams to forecast inventory needs and identify potential stock issues.
- Monitor inventory levels and identify potential stockouts or overstock situations.
- Manage inventory aging and coordinate proper rotation or disposal of obsolete inventory.
- Participate in regular inventory counts and coordinate physical inventory audits as needed.
- Collaborate with purchasing and logistics teams to optimize procurement and transportation processes.
- Develop and implement SOPs for inventory management and continuously improve inventory operations.
- Review and analyze inventory data to identify trends and potential areas for improvement.
Requirements
- Bachelor's degree in supply chain management, logistics, or a related field
- Minimum of two years of experience in inventory management in a fast-paced environment
- Strong analytical and problem-solving skills
- Excellent communication and collaboration skills with the ability to work well in a team environment
- Experience working with an ERP system, inventory management software, or similar tools
- Knowledge of inventory principles, concepts, and procedures
- Ability to work in a fast-paced, deadline-driven environment with strong attention to detail
- Experience with inventory control, forecasting, and analysis preferred
- Ability to lift up to 50 pounds and stand for extended periods during physical inventory counts
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