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Inventory Management Specialist

1 month ago

Medley, Florida, United States Vensure Employer Services Full time
Job Overview

Vensure Employer Solutions seeks a highly skilled Inventory Management Specialist to join our team in Chandler, Arizona.

Job Responsibilities

The successful candidate will play a critical role in managing the company's inventory levels, ensuring optimal stock quantities meet demand while minimizing overstock or stockouts. Key responsibilities include:

  • Inventory Monitoring and Management
  1. Track and manage inventory levels to ensure optimal stock quantities are maintained.
  2. Analyze data to forecast future inventory needs based on sales trends, seasonality, and market conditions.
  3. Identify discrepancies between physical inventory and system records, and resolve issues promptly.
Inventory Reporting and Analysis
  1. Prepare detailed reports on inventory metrics, including stock turnover rates, reorder points, and stock levels.
  2. Generate insights and recommend inventory optimization strategies to minimize costs while meeting customer demand.
Demand Forecasting and Planning
  1. Utilize historical data and sales forecasts to predict future inventory requirements.
  2. Work with sales, procurement, and operations teams to develop demand plans that align with business objectives.
Collaboration with Supply Chain Department
  1. Work closely with procurement, warehouse, and logistics teams to ensure smooth inventory flow and minimize delays.
Data Analysis and Optimization
  1. Use data analytics tools to track key inventory performance indicators (KPIs).
  2. Analyze slow-moving inventory, obsolete stock, and optimize stock levels accordingly to maximize efficiency.
  3. Implement and maintain inventory management on ERP systems to streamline processes and improve accuracy.

This is a challenging yet rewarding role for an experienced professional who can analyze complex data, identify opportunities for improvement, and implement effective solutions to drive business growth.

Requirements and Qualifications

To be considered for this position, candidates must have:

  • A Bachelor's degree in supply chain management, logistics, business, or a related field.
  • Strong analytical skills and experience with inventory management software (e.g., SAGE, SAP, Macola, etc.).
  • Proficiency in data analysis tools such as Excel, SQL, or similar.

We offer a competitive salary of $85,000 per year, commensurate with experience, plus benefits and opportunities for professional growth and development.