Inventory Control Specialist

Scope of Job

• Inventory control of finished goods needed to fulfill forecasted sales and scheduled distribution plans.
• Maintains and updates inventory system.
• Creates and reviews reports to identify trends or issues and to support or initiate actions or adjustments.
• Develops and implements complex modeling tools to accurately develop and implement insightful and action-oriented modeling tools to support inventory and financial planning.
• Ensures data integrity processes are defined and followed within manufacturing, product management, supply chain and financial systems.

Essential Job Functions And Responsibilities

• Produce regular analysis based on weekly sales, days on hand, production, demand and demand forecasting.
• Ensure proper inventory levels are maintained by consistently reviewing weeks of supply and in-stock goals.
• Focus on KPIs such as inventory turns, forecast accuracy, and margin improvement.
• Build and monitor inventory stock models by location / customer.
• Analyze historical data and current trends to identify opportunities and risks by location, subclass, customer, and SKU.
• Partner with business to develop and build SKU level plans with supporting investment quantities and accurate flow forecasts.
• Support the business to maintain appropriate stock level according to seasonal requirements.
• Work with Product Managers and Operations to maximize sales and reduce overstocks.
• Monitor impact of inventory adjustments and transfers.
• Analyze root causes of inventory issues and provide resolutions.
• Develop and implement process improvements to achieve company inventory goals.
• Develop and implement initiatives to reduce slow moving inventories and to improve inventory turns.
• Generate and maintain monthly reports on inventory levels.
• Review inventory activities and recommend improvements.
• Assist in inventory risk assessment and mitigation activities.
• Collaborate with production and supporting departments to ensure the food safety and quality of our products.
• Perform other duties as assigned.

Education

• Bachelor’s degree in Account, Supply Chain Management, or similar discipline required.

Experience

• 3+ years of inventory analysis or supply chain experience within manufacturing organizations required.
• 5+ years of relevant experience in a complex manufacturing environment required.

Prior Experience

• Prior experience with tier 1 ERP system, Oracle, SAP, Microsoft Dynamics 365/AX preferred.

Competencies

• Auditing
• Available-To-Promise
• Data Analysis
• Financial Analysis
• Forecasting
• Inventory Control
• Inventory Optimization
• Order Inventory
• Procurement
• Replenishment and Ordering
• Inventor Control Software
• Warehouse Management Software
• Business Acumen
• Project Management
• Strong Communication and Presentation Skills
• Analytical
• Teamwork
• Detail Oriented
• Results and Goal Driven
• Analytical
• Initiative
• Integrity
• Operational Excellence

Physical Requirements

• Requires prolonged sitting and continuous use of computer.
• May lift, carry, push, or pull objects up to 10 lbs.