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Asset and Inventory Management Specialist

2 months ago

Detroit, Michigan, United States ITS Technology and Logistics, LLC Full time

About the Role:

As an Asset and Inventory Manager at ITS Technology and Logistics, LLC, you will play a critical role in overseeing the organization's assets and inventory, ensuring proper management, tracking, operational support, and utilization.

Key Responsibilities:

  • Develop and maintain an asset management system to track the organization's physical and digital assets.
  • Conduct regular audits to verify the accuracy and condition of assets.
  • Establish protocols for asset acquisition, allocation, transfer, and disposal.
  • Collaborate with departments to assess asset requirements and ensure timely procurement.
  • Implement preventive maintenance schedules to prolong asset lifespan and minimize downtime.
  • Monitor asset utilization and recommend strategies for optimization and cost savings.
  • Inventory Control:
    • Oversee inventory levels and replenishment processes to meet operational demands.
    • Coordinate with vendors and suppliers to ensure timely delivery of inventory items.
    • Conduct regular inventory counts and reconcile discrepancies between records and physical stock.
    • Implement inventory management systems to streamline processes and improve accuracy.
    • Analyze inventory data to identify trends, forecast demand, and minimize excess or obsolete stock.
    • Develop inventory control policies and procedures to maintain compliance and minimize losses.
  • Documentation and Reporting:
    • Maintain accurate records of assets, inventory transactions, and related documentation.
    • Generate reports on asset utilization, inventory levels, and performance metrics.
    • Provide insights and analysis to support decision-making and strategic planning.
    • Communicate inventory and asset-related information to stakeholders and management as needed.
    • Ensure compliance with regulatory requirements and industry standards related to asset and inventory management.
  • Continuous Improvement:
    • Identify opportunities for process improvements and cost savings in asset and inventory management.
    • Implement best practices and technological solutions to enhance efficiency and accuracy.
    • Lead or participate in cross-functional initiatives to optimize supply chain and asset lifecycle management.
    • Stay updated on industry trends, emerging technologies, and regulatory changes affecting asset and inventory management practices.

Requirements:

  • Bachelor's degree in Business Administration, Supply Chain Management, Logistics, or related field.
  • Proven experience in asset management, inventory control, or supply chain management.
  • Strong analytical skills with the ability to interpret data and make data-driven decisions.
  • Proficiency in inventory management software and ERP systems.
  • Attention to detail and accuracy in record-keeping.
  • Ability to work independently and collaboratively in a fast-paced environment.
  • Exceptional organizational and time management skills.
  • Excellent verbal and written communication skills.

Preferred Qualifications:

  • Certification in asset management or inventory control (e.g., CMRP, CPIM).
  • Experience in implementing asset tracking technologies.
  • Knowledge of industry-specific regulations and compliance requirements (e.g., FRA).
  • Experience in process improvement methodologies (e.g., Six Sigma, Lean).