Inventory Manager
1 week ago
An inventory manager oversees and optimizes the company's stock by developing and implementing inventory control systems, planning and forecasting demand, and managing warehouse operations. Key responsibilities include tracking stock levels, reducing costs, coordinating with suppliers, and supervising staff to ensure optimal inventory levels and prevent shortages or overstocking. This role requires strong organizational and analytical skills, attention to detail, and often involves physical work in a warehouse environment.
Core responsibilities
- Inventory control:
Develop and implement procedures to track and manage inventory levels, including designing and utilizing inventory tracking systems.
- Forecasting and planning:
Monitor stock levels and analyze trends to forecast demand, plan replenishment, and make purchasing decisions.
- Warehouse management:
Oversee warehouse operations, including receiving, storing, and shipping goods, to ensure an efficient flow of products.
- Supplier management:
Build and maintain relationships with suppliers to ensure timely delivery of materials and to get cost-effective deals.
- Reporting and analysis:
Prepare reports on inventory levels, operations, and adjustments, and analyze data to predict potential problems.
- Team leadership:
Recruit, train, and supervise inventory staff to meet business goals and address personnel issues.
Key skills and qualifications
- Analytical and mathematical skills: Essential for tracking stock, performing analysis, and planning effectively.
- Organizational and multitasking skills:Required to manage multiple tasks, from staff supervision to inventory counts and supplier communication.
- Attention to detail: Crucial for accurate record-keeping and preventing errors.
- Leadership skills: Needed to motivate and guide warehouse and inventory teams.
- Physical fitness: The role can involve standing, walking, and lifting heavy stock in a warehouse environment.
- Technical skills: Proficiency with computers, standard office software, and inventory management software is necessary.
- Experience: Prior inventory or warehouse experience is often preferred, and some roles may require supervisory experience
Job Type: Full-time
Pay: Up to $50,000.00 per year
Work Location: In person
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