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Inventory Management Specialist

2 months ago

Kapolei, Hawaii, United States S & K SALES CO Full time
Job Description

Position Overview

This individual is responsible for overseeing and managing all aspects of inventory control for S & K SALES CO. This includes monitoring inventory levels, implementing control procedures, and optimizing inventory turnover. Also includes the review of Ad and Special-Order merchandise as needed or requested by Account Executives (AE).


Essential Job Functions

  • Inventory Monitoring and Control: Regularly track inventory levels to ensure adequate supply without overstock. Order as needed per S&K and manufacturer guidelines.
  • Inventory Control Procedures: Develop and enforce inventory control procedures to minimize shrinkage and obsolescence.
  • Manufacturer Communication: Communicate with manufacturers on order issues, tracking, and general inquiries.
  • Inventory Reporting: Prepare and present regular inventory reports, including short ship, damaged goods, and cut data to Manufacturer as requested.
  • Inventory Reconciliation: Reconcile inventory records and support accurate financial reporting.
  • Demand Forecasting: Analyze inventory data to forecast demand and inform purchasing decisions. Review irregular scenarios such as product ads and slow-moving inventory.
  • Inventory Optimization: Collaborate with the operations team to optimize inventory turnover and reduce holding costs.
  • Continuous Improvement: Identify opportunities for process improvements in inventory management and implement best practices.
  • Compliance: Ensure compliance with industry regulations and company policies related to inventory management.
  • Other Duties: As assigned by the Office Manager.

Skills and Competency Requirements

  • Reading Comprehension: In work-related documents
  • Active Listening: Skills
  • Effective Communication: Verbal and written communication skills
  • Time Management: Skills
  • Mathematical Skills: Ability to calculate cost, order extensions, and inventory case packs
  • Multitasking: Ability to handle multiple tasks
  • Critical Thinking: Skills to determine appropriate actions and responses
  • Social Perceptiveness: Ability to relate to diverse group of co-workers and customers

Qualifications

  • Experience: 2 years of office / purchasing experience
  • Education: High School Diploma or equivalent experience
  • Knowledge: Knowledge of standard inventory and stock procedures
  • Administrative Skills: Knowledge of administrative and clerical procedures
  • Office Systems: Knowledge of office systems including file retention and records
  • Computer Skills: Proficient in computer skills including MS Office: Excel, Outlook, and Word