Inventory Management Specialist

1 week ago


Hialeah, Florida, United States HirefinderRPO Full time

Inventory Management Role

Job Description

Responsibilities:

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

Requirements:

  • 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).
  • Excellent attention to detail and ability to work with large data sets.
  • Proficiency in data analysis tools such as Excel, SQL, or similar.

Key Skills:

  • Inventory control and demand forecasting
  • Data analysis and reporting
  • Knowledge of supply chain and inventory management software


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