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Inventory Management Specialist
3 months ago
Duties/Responsibilities:
· Implements policies, objectives, and initiatives that employs standards, metrics, and procedures to maximize inventory management efficiently.
· Performs monthly system reconciliations between our in-house ERP system and the WMS of all our global storage and fill/assembly third party locations (approximately - 30 facilities in total)
· Assist with inventory planning, scheduling, forecasting, and control operations.
· Implements inventory tools and systems for tracking, analysis, auditing, and reporting.
· Collaborates with cross-functional teams and stakeholders to identify and prioritize inventory capabilities and develop best inventory management practices.
· Executes daily inventory analysis; identifies and resolves discrepancies and problems.
· Perform counts and ensure all inventory is accounted for and reported according to company policy.
· Investigates and correct discrepancies in reported quantities and locations of all inventories.
· Locates items what may have incorrect locations or stock numbers to assist order processing.
· Perform inventory audits to ensure accuracy of system book balance to physical count.
· Performs process and system testing and track performance by area to locate and solve problems in data integrity, productivity and efficiency.
· Monitor all inventory counts, ensuring inventory cycle counts and physical inventories are performed routinely and accurately.
· Performs additional related duties as assigned.
Required Skills/Abilities:
· Excellent verbal and written communication skills.
· Strong analytical and problem-solving skills
· Excellent interpretational skills and attention to detail.
· Thorough understanding of inventory policies and procedures.
Periodic travel to the 3PL and fill houses in the Northeast will be required.
Education and Experience:
· Bachelor’s degreed in inventory management, supply chain management or business administration (Preferred)
· At least five years of experience in related field. Experience in manufacturing consumer goods preferred.