Inventory Control Specialist

Position Summary

The Inventory Control Specialist has primary accountability for maintaining accurate inventory records and effective inventory control across raw materials, work-in-process, and finished goods. This position is responsible for ensuring that physical inventory accurately aligns with system records through daily cycle counts, root-cause analysis, and adherence to Company standard operating procedures for inventory adjustments within the ERP system.

The Inventory Control Specialist works closely with purchasing, production, planning, warehouse, and quality to identify, investigate, and resolve inventory discrepancies and implement controls to prevent recurring inventory errors. This position provides accurate inventory information, identifies inventory risks, and supports the controlled movement of materials throughout warehouse and production locations.

Key Responsibilities

• Own and maintain inventory accuracy across assigned materials, locations, and inventory categories.
• Establish and maintain effective inventory-control practices to ensure physical inventory consistently aligns with ERP/MRP system records.
• Administer the cycle-count program, including scheduling, count execution, variance analysis, corrective action, and results reporting.
• Investigate inventory discrepancies, identify root causes, and recommend corrective actions.
• Research and resolve inventory variances, shortages, overages, transaction errors, and material-location discrepancies following Company's standard operating procedures.
• Maintain proper inventory identification, labeling, location control, and material traceability.
• Prepare and process inventory adjustments in accordance with Company standard operating procedures, including required documentation and management approval.
• Escalate significant inventory-control issues and trends to management.

Key Performance Indicators

• Cycle-count accuracy percentage
• Physical-to-system inventory variance
• Average discrepancy resolution time
• Recurring inventory discrepancy rate
• Inventory transaction and location accuracy
• Accuracy and timeliness of excess, obsolete, and slow-moving inventory reporting

Qualifications

• Associate or Bachelor's degree in Supply Chain, Logistics, Operations, or a related field preferred, or equivalent combination of education and relevant experience.
• 2–4 years of experience in inventory control, cycle count program, or materials management.
• Experience using an ERP/MRP system for inventory transactions and auditing.
• Understand bills of material, work orders, inventory transactions, and production processes.
• Demonstrated attention to detail and discipline in following documented inventory procedures and transaction controls.
• Good organizational, analytical, and problem-solving skills.
• Ability to work effectively with Production, Warehouse, Purchasing, Planning, and other departments.
• Proficiency with Microsoft Excel and other Microsoft Office applications.
• Ability to prioritize multiple tasks in a fast-paced manufacturing environment.

Preferred Qualifications

• Familiarity with barcode scanning, serialized product, and warehouse-location controls.
• Experience with inventory KPIs such as inventory accuracy, turns, shortages, and obsolete inventory.

Work Environment

This position works in both office and manufacturing/warehouse environments and requires regular interaction with production personnel, warehouse employees, purchasing, planning, and management. The position will require standing, walking, lifting within company guidelines, and working around manufacturing equipment and materials.

Schedule

• Work schedule: 7:00-4:30 Monday-Friday
• Travel percentage: less than 5%
• Employment status: Exempt

Pay

• $48,000.00 - $60,000.00 per year

Reports to: Operations/Planning Manager • Location: Indianapolis (on-site)