Inventory Manager
Job Description
Job Description
Job Overview: Oversees and manages the company’s inventory, ensuring optimal stock levels to meet demand while minimizing costs and waste.
Job Duties:- Inventory Control: Maintaining accurate inventory records, implementing inventory control procedures, and conducting regular audits to ensure precision.
- Inventory Planning: Forecasting demand, planning replenishment, and collaborating with related teams to ensure product availability.
- Warehouse Management: Overseeing Inventory operations, including receiving, storage, and shipping.
- Data Management: Utilizing inventory management software and data analysis to track inventory, identify trends, and generate reports.
- Cost Management: Implementing strategies to reduce inventory costs and optimize turnover.
- Team Leadership: Leading and mentoring inventory staff, providing training, and fostering a culture of continuous improvement.
- Reporting and Analysis: Preparing and presenting inventory reports to senior management, highlighting key performance indicators.
- Creating and implementing a daily cycle counting program.
- Direct Reports: Cycle counting staff at two locations.
- Monthly: Coordinates physical inventory counts at month end between both manufacturing facilities alongside department management.
- Analytical Skills: The ability to interpret data, identify issues, and make informed decisions.
- Attention to Detail: Meticulous work practices to ensure accuracy in record-keeping and inventory management.
- Technological Proficiency: Familiarity with inventory management software and is proficient in Microsoft office.
- Leadership Skills: Ability to lead and motivate a team, fostering a productive work environment.
- Communication and Interpersonal Skills: Effective communication with managers, staff, and other departments.
- Organizational and Time Management Skills: The ability to plan, prioritize, and manage multiple tasks efficiently.
- Problem-Solving Skills: The ability to identify and resolve inventory-related challenges.
- Education: A bachelor's degree in business, logistics, or a related field is often preferred.
- Experience: Relevant work experience in inventory control, warehousing, or supply chain management is typically required.
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