Senior Inventory Control Specialist
4 days ago
The Senior Inventory Control Analyst plays a critical role in ensuring the accuracy, efficiency, and integrity of our inventory management processes. This position is responsible for analyzing inventory data, identifying discrepancies, and implementing strategies to optimize inventory accuracy and performance.
Key Responsibilities- Inventory Accuracy and Reconciliation
- Lead efforts to reconcile inventory across multiple systems, ensuring data accuracy and consistency throughout the distribution center.
- Conduct regular cycle counts, physical inventory audits, and complete corrective actions as required.
- Analyze root causes of inventory variances and implement corrective actions to prevent recurrence.
- Conduct thorough and regular audits of inventory levels, identifying and resolving discrepancies in stock counts, transactions, and system records.
- Provide guidance and training to inventory control staff on best practices and standard operating procedures (SOPs).
- Data Analytics and Reporting
- Utilize advanced data analysis techniques to monitor inventory trends, track key performance indicators (KPIs), and generate reports that provide actionable insights for management.
- Develop and maintain detailed inventory reports, including cycle count results, shrinkage analysis, and inventory turnover rates.
- Present findings and recommendations to site leadership to support data-driven decision-making.
- Process Improvement
- Identify opportunities for process improvements within the inventory control function, including enhancements to cycle counting procedures, inventory accuracy initiatives, and system optimizations.
- Collaborate with the Continuous Improvement team to execute Lean, Six Sigma, or other continuous improvement initiatives aimed at streamlining inventory processes and reducing errors.
- Collaborate with IT and operations teams to improve system functionality, including the integration and optimization of warehouse management systems (WMS) and enterprise resource planning (ERP) systems.
- Core Skills & Competencies
- Strong analytical skills, with the ability to interpret large data sets and identify trends, variances, and opportunities for improvement.
- Proficiency in inventory management systems (e.g., WMS, ERP) and advanced Excel skills.
- Excellent problem-solving abilities, with a keen diligence and a proactive approach to identifying and resolving issues. Prior experience with Lean, Six Sigma, or other continuous improvement methodologies considered a plus.
- Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
- Knowledge of industry regulations and best practices related to inventory control and management.
- Ability to work in a fast-paced and dynamic environment.
- Education & Experience
- Bachelor's degree in supply chain management, logistics, business administration, or a related field.
- Minimum of 5 years of experience in inventory control, supply chain management, or a related field, preferably within a complex distribution center environment.
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