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.
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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