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Inventory Control Specialist
2 months ago
At Buildwithbmc, we are seeking a highly skilled Market Inventory Control Manager to join our team. This role is responsible for maintaining and accounting for accurate inventory levels, managing and coordinating the purchasing of materials, and ensuring the efficient flow of goods.
Key Responsibilities:- Compile data from various sources, including contracts, purchase orders, invoices, requisitions, and accounting reports, to maintain inventory, purchasing, and shipping records.
- Keep the backorder file in established sequence and release backorders for issue or shipment as stock becomes available.
- Analyze stock control records and information, such as consumption rate, characteristics of items in storage, and current market conditions, to determine stock supply.
- Prepare requisitions, orders, or other documents for purchasing or requisitioning new or additional stock items.
- Review files to determine unused items and recommend disposal of excess stock.
- Perform cycle counts of inventory comparing actual counts to computer stock status.
- May be responsible for researching sales and purchasing history to resolve discrepancies.
- Coordinate SKU's with vendor representatives to facilitate buying, receiving, and identification of products.
- Prepare list of depleted items and recommend survey of defective or unusable items.
- Has management responsibility for inventory receiving specialists.
- Negotiate terms to ensure each unit is maximizing its return on net working capital and DPO.
- Maintain consistent quality and best possible terms.
- Review requisitions.
- Confer with vendors to obtain information on materials, such as price, availability, and delivery schedule.
- Determine method of procurement, such as direct purchase or bid.
- Obtain quotes, prepare purchase orders or bid requests.
- Review bid proposals and negotiate contracts within budgetary limitations and scope of authority.
- Review sales activity to determine needs and demand.
- Discuss defective or unacceptable materials with vendor, sales representative, or the inspector to determine source of trouble and to take corrective action.
- Coordinate trucking schedules; establish relationship with trucking firms to obtain best possible rates; expedite delivery of goods to users; monitor files and order follow up.
- Problem solve - deal with incorrect invoicing, quality, and shipping schedules - and take corrective action, if necessary.
- Conduct off-site visits to suppliers and wholesalers to establish rapport, and to gain knowledge of business and inventory needs.
- May supervise the inventory control efforts for the market.
- May assist with inside sales, customer service, stocking store merchandise, and answering telephones.
- Demonstrate a commitment to the quality improvement process and the philosophy of continuous improvement.
- Identify and respond actively and with sensitivity to the needs of all customers.
- Participate as a team player in all phases of the organization.
- Open and responsive to change.
- Personally provide customers with knowledgeable, courteous, and prompt service at all times.
- Comply with all Company policies and procedures.
- Adhere to the Company's safety standards and enforce safety regulations.
- Other duties as assigned.
- Minimum Education: Associates degree in related field preferred or High School Diploma or General Education Degree (GED).
- Must have industry knowledge.
- Ability to read and interpret documents, such as operating and maintenance instructions, and procedure manuals.
- Ability to write routine reports and correspondence.
- Ability to speak effectively before groups of customers or associates of organization.
- Strong Excel capabilities (compute rate, ratios, and percent and to draw and interpret bar graphs).
- Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
- Ability to deal with problems involving several concrete variables in standardized situations.
- Relatively tech-savvy.
- Thorough knowledge of full product line and yard/store operations.
- Requires use of tact to avoid conflict in carrying out assignments, as well as exercising continuous judgment.
- Ability to meet multiple deadlines and work under stress.
- Required Experience: At least 5 years of related experience; or equivalent combination of education and experience.
- Must have industry knowledge.