Inventory Control Specialist
HEICO · Broken Arrow, OK · 2 wk ago
ManagementFull-time
Essential Duties And Responsibilities
- Maintain inventory controls to ensure inventory is accurate and up-to-date.
- Perform monthly cycle counts on inventory and help coordinate the year end physical inventory count.
- Address inventory overages or shortages by investigating for root cause, communicating suspected issues, and suggesting solutions to management.
- Analyze inventory stock levels, historical usage, demand requirements, and production schedules to ensure adequate material availability.
- Review inventory requirements and issue Manufacturing Orders (MOs) for internally produced parts based on production demand, forecasted usage, and minimum stock levels.
- Monitor inventory trends and recommend production quantities to maintain appropriate stock levels while minimizing excess inventory.
- Cooky with production departments to identify material needs and proactively prevent inventory shortages and manufacturing delays.
- Release POs in the absence of the Purchasing Manager.
- Review Weekly/Monthly reports on material usage and make recommendations on reorder levels/production quantities.
- Review inventory cost variances and identify the root cause.
- Adequately receive inventory and expense items into the business. Identify and work with management on minimizing slow moving and obsolete inventory.
- Aid Production Team Members on Quantum and provide helpful insight and solutions.
- Support in ordering and organization of shop-aid non-inventory expense items as a back-up to the Purchasing Manager.
- Assist in receiving incoming customer orders.
- Create and revise MO/WO templates as requested.
- Perform edits to MO/WO to correct material.
- Perform labor edits in Quantum to correct production time.
- All other duties requested by management.