Inventory Specialist

4 weeks ago

Saddle Brook, United States Robert Half Full time

Inventory Specialist

Responsibilities

  • Ensure accurate inventory level of all components in the inventory system compared to physical inventory.
  • Use inventory system to close and work orders and adjust inventory levels accordingly.
  • To validate inventory deductions from the system and physical inventory for work orders derived from BOM.
  • With engineering and production set minimum stock levels and re-order when required.
  • Create and use reports from the inventory system daily to ensure physical and system integrity.
  • Understand consequential actions. For example, if a unit is placed into MRB or to be scrapped, the action has to be performed and appropriate inventory deductions should be made.
  • Raise requisitions for replenishment and monitor procurement lifecycle through to receiving and stocking in house.
  • Liaise with production and engineering to ensure requirements are met.
  • Ensure close contact with finance to ensure financial integrity is ensured
  • Management of consignment inventory for customers

Requirements

  • Minimum 5 years inventory management experience in electronics assembly or electronics distribution.
  • Excellent proficiency in MS Excel (well beyond data entry. Be able to build spreadsheets, use formulae and charts) and MS Word.
  • Strong familiarity with ERP systems
  • Strong understanding of inventory management and procurement in an accounting project
  • Excellent attention to detail and critical thinking
  • Supervise 1 person
  • Strong understanding of accounting treatments as regards to inventory
  • Detailed Supervision of 1 data entry person
  • Reports to CEO

Potential Alternative Position to include procurement:

  • Procurement of electronic parts
  • Procurement of mechanical parts and sub assemblies
  • Experience with overseas vendors
  • Track record of cost reduction through procurement techniques and negotiation

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