Inventory Specialist
9 hours ago
Job Summary:
The Inventory Specialist is responsible for managing, tracking,
and maintaining accurate records of an organization's inventory.
This role ensures that stock levels are properly maintained, discrepancies are investigated,
and inventory processes support smooth business operations.
Key Responsibilities
Organization and Process Development, Standardization & Improvement
- Develop, document, and update standardized inventory procedures across all business units.
- Act as a project resource for WMS/ERP upgrades or process changes.
- Drive best practices in inventory accuracy, cycle counting, and reconciliation.
Identification Troubleshooting & Issue Resolution
- Investigate variances, stock losses, and recurring inventory problems.
- Work with finance, and logistics teams to reconcile and resolve variances and discrepancies in quantity and location.
- Recommend process improvements to reduce shrinkage and improve accuracy.
Audit & Compliance
- Conduct regular and surprise audits of inventory processes.
- Monitor compliance with company SOPs, WMS/ERP procedures, and internal controls.
- Identify process gaps and recommend corrective/preventive actions.
Training & Capability Building
- Conduct training sessions for inventory teams on SOPs, system usage, and controls.
- Mentor and coach site inventory staff to build expertise and confidence.
- Develop easy-to-follow training materials and guides.
Reporting & Analytics
- Prepare and present regular reports on inventory accuracy, shrinkage trends, and audit results.
- Highlight risks and improvement opportunities to management.
- Support decision-making with data-driven recommendations.
Key Performance Indicators (KPIs)
- Inventory Accuracy Rate
- Reduction in Inventory Variances and Stock Loss
- Cycle Count Statistics
- Audit Compliance Scores per Site
- Number of Recurring Issues Resolved
- Training Completion Rate and Post-Training Improvement
Qualifications
Education:
- Bachelor's degree in Supply Chain, Industrial Engineering, Business Administration, or related field
Experience:
- At least 5–7 years' experience in inventory management, warehousing, or supply chain operations.
- Hands-on experience with WMS/ERP systems and cycle counting.
- Proven track record of process auditing, troubleshooting, and training.
Skills:
- Strong analytical and problem-solving skills.
- Excellent communication and facilitation abilities (training and coaching).
- Proficient in MS Excel and inventory reporting tools.
- Knowledge of internal controls, audit principles, and root cause analysis.
Personal Attributes:
- High attention to detail and integrity.
- Collaborative and influential without direct authority.
Job Type: Full-time
Work Location: In person
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