Inventory Specialist
4 days ago
Job Title: Inventory Executive
Department: Operations/Logistics/Supply Chain
Requirements: Experience in Stock Management & Knowledge in Exce l
Summary:
The inventory executive is responsible for ensuring the accurate and efficient management of inventory levels, storage, and movement of goods within a warehouses & storage facility. This role involves maintaining inventory records, coordinating stock movements, and contributing to the overall efficiency of the supply chain.
Responsibilities:
- Inventory Control:
- Receive, inspect, and verify incoming goods against purchase orders and invoices.
- Correctly record inventory transactions using manual or computerized inventory management systems.
- Monitor stock levels and identify potential shortages or excesses.
- Implement inventory control measures to minimize waste, obsolescence, and shrinkage.
- Participate in regular stock takes and cycle counts to ensure inventory accuracy.
- Stock Management:
- Organize and store goods in designated warehouse locations, optimizing space utilization and accessibility.
- Maintain a clean, safe, and orderly warehouse environment.
- Ensure proper handling and storage of goods to prevent damage or deterioration.
- Coordinate the movement of inventory within the warehouse, including picking, packing, and dispatching orders.
- Documentation and Reporting:
- Maintain accurate records of inventory transactions, stock movements, and adjustments.
- Generate reports on inventory levels, stock turnover, and other relevant metrics.
- Assist in the preparation of inventory forecasts
- Collaboration and Communication:
- Collaborate with other departments, such as purchasing, sales, and production, to ensure smooth inventory flow.
- Communicate effectively with suppliers, customers, and internal stakeholders regarding inventory matters.
- Continuous Improvement:
- Identify opportunities to improve inventory management processes and procedures.
- Contribute to the implementation of new technologies and systems to enhance inventory control.
Qualifications:
- Education: Bachelor's Degree or equivalent; relevant certifications in inventory management or supply chain logistics are a plus.
- Experience: Proven experience working in an inventory control or warehouse environment.
- Skills:
- Strong understanding of inventory management principles and practices.
- Proficiency in using inventory management software and databases.
- Excellent organizational and record-keeping skills.
- Attention to detail and accuracy.
- Ability to work independently and as part of a team.
- Effective communication and interpersonal skills.
- Physical stamina to perform warehouse tasks, such as lifting and moving goods.
Additional Requirements:
- May require working flexible hours, including weekends and holidays, depending on business needs.
- May involve operating warehouse equipment, such as forklifts and pallet jacks (appropriate training and certification may be required).
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