Inventory Control Specialist
Operations

Inventory Control Specialist

Looking to hire your next Inventory Control Specialist? Here’s a full job description template to use as a guide.

57000
yearly U.S. wage
22800
yearly with Vintti

* Salaries shown are estimates. Actual savings may be even greater. Please schedule a consultation to receive detailed information tailored to your needs.

About Vintti

Vintti is a specialized staffing agency that believes diversity is the catalyst for innovation. We connect US-based SMBs, startups, and firms with exceptional talent from Latin America, fostering a rich tapestry of cultural perspectives within American businesses. Our unique position allows us to handpick professionals who not only possess the required skills but also bring fresh ideas and global insights to the table. Vintti's services go beyond filling positions; we enrich company cultures and expand business horizons on an international scale.

Description

An Inventory Control Specialist plays a crucial role in the efficient management of a company's stock levels and supply chain. This role involves tracking and monitoring inventory levels, managing stock replenishment, and ensuring that products are accurately accounted for within the inventory system. By utilizing various software tools and conducting regular audits, an Inventory Control Specialist helps prevent stock discrepancies, minimize waste, and optimize storage space. This position requires strong organizational skills, attention to detail, and the ability to analyze inventory data to support operational efficiency and meet customer demand.

Requirements

- Bachelor's degree in Business, Supply Chain Management, or related field
- Proven experience as an Inventory Control Specialist or similar role
- Proficiency in inventory management software and ERP systems
- Strong analytical and problem-solving skills
- Excellent attention to detail and accuracy
- Ability to perform physical tasks, including lifting and moving inventory items
- Proficient in Microsoft Office, particularly Excel
- Strong organizational and time-management abilities
- Excellent communication and interpersonal skills
- Ability to work independently and as part of a team
- Experience with vendor management and coordination
- Familiarity with industry standards for storage and handling of inventory
- Knowledge of safety and regulatory requirements in inventory management
- Ability to conduct detailed audits and generate comprehensive reports
- Willingness to work flexible hours, including weekends and holidays, if needed

Responsabilities

- Maintain accurate inventory records through regular physical counts and reconciliation with data storage systems
- Oversee the physical movement, receipt, and shipment of inventory items
- Update and manage inventory management software systems to reflect real-time stock levels and order status
- Perform regular audits of warehouse stock to verify accuracy and address discrepancies
- Prepare and submit detailed reports on inventory metrics, including levels, turnover rates, and forecasts
- Collaborate with the purchasing team to ensure timely placement and tracking of orders
- Optimize storage practices for efficient space usage and product accessibility
- Respond promptly to internal and external inquiries regarding inventory and delivery schedules
- Coordinate with suppliers and logistics teams to ensure on-time delivery of inventory materials
- Identify and resolve inventory control issues such as overstock, understock, and obsolete items
- Implement and maintain standard operating procedures for effective inventory management
- Train warehouse staff on inventory handling best practices and standard operating procedures
- Conduct root cause analysis for inventory discrepancies and develop corrective action plans
- Manage the return-to-vendor process, ensuring proper recording and return of items
- Ensure compliance with safety standards and regulatory requirements in inventory handling and storage

Ideal Candidate

The ideal candidate for the Inventory Control Specialist role is a highly detail-oriented professional with a strong background in inventory management. They possess a Bachelor's degree in Business, Supply Chain Management, or a related field, coupled with proven experience in a similar role. This candidate demonstrates exceptional analytical and problem-solving skills, enabling them to identify and resolve inventory discrepancies effectively. They are proficient in using inventory management software and ERP systems, ensuring accurate tracking and reporting of inventory levels, orders, and deliveries. Their expertise in Microsoft Office, and especially Excel, supports their ability to generate comprehensive inventory reports. A proactive problem-solver with excellent organizational and time-management abilities, they can efficiently handle multiple tasks and changing priorities. This individual excels in both independent work and collaborative team environments, bolstered by strong communication and interpersonal skills. Additionally, they are physically capable of performing inventory-related tasks, including lifting and moving items. Experience in vendor management and a sound understanding of industry storage and handling standards further underline their qualifications. Ensuring compliance with safety and regulatory requirements, they embody reliability, a strong work ethic, and a continuous improvement mindset, willing to work flexible hours, including weekends and holidays, as needed. Their dedication to maintaining accurate inventory records and optimizing inventory control processes sets them apart as the perfect fit for this role.

On a typical day, you will...

- Monitor and maintain current inventory levels by conducting physical counts and reconciling with data storage systems
- Coordinate and oversee the physical movement of inventory items, ensuring the accurate logging of products received and shipped
- Manage and update inventory management software systems to track current stock levels, orders, and deliveries
- Conduct regular audits of warehouse stocks to ascertain accuracy and report any discrepancies or variances
- Prepare detailed inventory reports for management, including metrics on stock levels, turn rates, and forecasted needs
- Collaborate with purchasing teams to place and track orders based on inventory needs and sales forecasts
- Evaluate and optimize storage practices to maximize space utilization and ensure easy access to products
- Respond to internal and external inquiries about inventory levels and delivery schedules
- Coordinate with suppliers and logistics teams to ensure timely and accurate delivery of goods
- Identify and resolve inventory control issues, such as overstock, shortages, and obsolete stock
- Implement and enforce standard operating procedures for inventory management
- Train and guide warehouse staff on best practices and proper inventory handling techniques
- Conduct root cause analysis for inventory discrepancies and implement corrective actions
- Track and manage return-to-vendor processes, ensuring accurate recording and handling of returned products
- Ensure compliance with safety standards and regulations in the handling and storage of inventory

What we are looking for

- Highly detail-oriented and accurate
- Strong analytical and critical thinking abilities
- Excellent organizational and time-management skills
- Effective communication and interpersonal skills
- Ability to work independently and collaboratively within a team
- Proactive problem-solver with a solutions-focused mindset
- Adaptable and capable of handling changing priorities and demands
- Physically able to perform inventory-related tasks, including lifting and moving items
- Technologically proficient, especially in inventory management software and ERP systems
- Strong proficiency in Microsoft Office, particularly Excel
- Reliable and dependable, with a strong work ethic
- Capable of conducting thorough audits and generating detailed reports
- Experience and skill in vendor management and coordination
- Solid understanding of industry standards for storage and handling of inventory
- Knowledgeable about safety and regulatory requirements in inventory management
- Willingness to work flexible hours, including weekends and holidays, as needed
- Continuous improvement mindset and eagerness to learn and implement best practices for inventory control

What you can expect (benefits)

- Competitive salary range
- Comprehensive health insurance (medical, dental, vision)
- Paid time off (PTO) and holidays
- Retirement savings plan with company match
- Employee assistance program (EAP)
- Opportunities for professional development and career advancement
- Tuition reimbursement program
- Flexible work schedules
- Life and disability insurance
- Wellness programs and gym membership discounts
- Employee discounts on products and services
- Collaborative and inclusive work environment
- On-the-job training and continuous learning opportunities
- Performance bonuses and incentives
- Commuter benefits or transportation allowances

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