Inventory Management Specialist
3 days ago
Job Description: Inventory Management Specialist
Key Responsibilities:
Inventory Operations Management
- Oversee comprehensive inventory management across all product categories
- Monitor and maintain optimal stock levels to meet operational requirements
- Implement and maintain inventory control systems and procedures
Inbound and Outbound Operations
- Manage incoming inventory receipts, verification, and proper storage allocation
- Coordinate outbound shipments and inventory disbursements
- Ensure accurate documentation for all inventory movements
Stock Control and Analysis
- Conduct regular stock taking activities and cycle counts
- Perform inventory reconciliation and investigate discrepancies
- Generate inventory reports and maintain accurate stock records
Production Support
- Create and manage production entries in inventory management systems
- Coordinate material availability for production schedules
- Track work-in-progress and finished goods inventory
System Management
- Utilize computer systems for inventory tracking and reporting
- Maintain data accuracy in inventory management software
- Generate regular inventory status reports
Required Skills and Knowledge:
- Proficiency in computer applications and inventory management software
- Strong understanding of inventory valuation methods including FIFO (First In, First Out), LIFO (Last In, First Out), and weighted average costing
- Attention to detail and strong analytical skills
- Ability to work independently and manage multiple priorities
- Basic mathematical and problem-solving abilities
Experience: Previous experience in inventory management or warehouse operations preferred
This position offers the opportunity to play a crucial role in maintaining efficient inventory operations and supporting overall business objectives.
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