Inventory Management Lead
Operations

Inventory Management Lead

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

82000
yearly U.S. wage
32800
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 strategic staffing agency that enhances the competitiveness of US businesses. By connecting SMBs, startups, and firms with highly skilled Latin American professionals, we offer a cost-effective solution to talent acquisition. Our model allows companies to access top-tier expertise at rates that significantly reduce overhead costs, enabling businesses to allocate resources more efficiently and boost their bottom line.

Description

The Inventory Management Lead plays a pivotal role in ensuring optimal stock levels, enhancing supply chain efficiency, and minimizing costs within an organization. This role involves overseeing inventory operations, implementing effective management strategies, and utilizing advanced software to forecast demand and monitor stock movements. The Inventory Management Lead collaborates closely with procurement, warehouse, and sales teams to maintain accurate inventory records, streamline processes, and ensure timely replenishment of goods. This position requires strong analytical skills, attention to detail, and the ability to lead and motivate a team to achieve organizational goals.

Requirements

- Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or related field.
- Minimum of 5 years of experience in inventory management or relevant supply chain roles.
- Proven experience leading and managing inventory teams.
- Strong knowledge of inventory management principles, practices, and procedures.
- Proficiency in inventory management software and ERP systems.
- Excellent analytical and problem-solving skills.
- Strong organizational and multitasking abilities.
- Effective communication and interpersonal skills.
- Ability to work collaboratively across departments and teams.
- Detail-oriented with a high degree of accuracy.
- Knowledge of regulatory requirements related to inventory management.
- Ability to develop and implement effective inventory control strategies.
- Strong leadership skills and the ability to motivate and guide team members.
- Proficiency in Microsoft Office Suite, particularly Excel.
- Experience with forecasting and inventory planning.
- Ability to identify and resolve discrepancies promptly.
- Ability to adapt to changing business needs and priorities.
- Strong project management skills.
- Certification in inventory management (e.g., CPIM, CSCP) preferred.
- Ability to lift and move inventory items as needed.

Responsabilities

- Oversee daily inventory operations and ensure accuracy and timeliness.
- Conduct regular inventory audits and reconciliations to maintain data integrity.
- Lead and coordinate inventory staff for optimized workflow and productivity.
- Develop and implement inventory control procedures and best practices.
- Monitor inventory levels and recommend replenishment strategies.
- Identify root causes of inventory discrepancies and implement corrective actions.
- Collaborate with procurement, warehouse, and sales teams to align inventory strategies.
- Generate and analyze inventory reports for informed decision-making.
- Ensure compliance with company policies and regulatory requirements.
- Utilize inventory management software to track and manage inventory movements.
- Train and support team members on inventory management processes and systems.
- Address and resolve inventory-related issues or discrepancies promptly.
- Coordinate with suppliers to ensure timely delivery and accurate receipt of inventory.
- Forecast inventory needs based on historical data and upcoming demand.
- Optimize storage locations and warehouse organization for efficient retrieval.

Ideal Candidate

The ideal candidate for the Inventory Management Lead role will possess a Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or a closely related field, complemented by a minimum of 5 years of experience in inventory management or relevant supply chain functions. This individual will have demonstrated expertise in leading and managing teams, showcasing exceptional leadership skills that inspire and drive optimal performance. With a deep understanding of inventory management principles, practices, and procedures, the candidate will be proficient in using inventory management software and ERP systems, with a particular strength in Microsoft Excel. Analytical and problem-solving abilities will be top-notch, enabling the candidate to swiftly identify and address discrepancies while maintaining data integrity. Strong organizational and multitasking capabilities will be essential, accompanied by excellent communication and interpersonal skills to foster collaboration across departments. The candidate will be proactive, self-motivated, and adaptable to changing business needs, bringing a high degree of attention to detail and accuracy. Their strategic mindset will allow them to forecast and plan inventory effectively, while their capacity to train, mentor, and support team members will ensure a cohesive and efficient operation. With a commitment to compliance and a thorough understanding of regulatory requirements, the ideal candidate will exemplify accountability, reliability, and the ability to implement effective inventory control strategies, making them an indispensable asset to the organization.

On a typical day, you will...

- Oversee daily inventory operations to ensure accurate and timely processing.
- Conduct regular inventory audits and reconciliations to maintain data integrity.
- Lead and coordinate inventory staff to optimize workflow and productivity.
- Develop and implement inventory control procedures and best practices.
- Monitor inventory levels and make recommendations for inventory replenishment.
- Manage inventory discrepancies by identifying root causes and implementing corrective actions.
- Collaborate with procurement, warehouse, and sales teams to align inventory strategies.
- Generate and analyze inventory reports to inform decision-making and strategic planning.
- Ensure compliance with company policies and regulatory requirements related to inventory.
- Utilize inventory management software to track and manage inventory movements.
- Train and support team members on inventory management processes and systems.
- Address and resolve any inventory-related issues or discrepancies promptly.
- Coordinate with suppliers to ensure timely delivery and accurate receipt of inventory.
- Forecast inventory needs based on historical data and upcoming demand.
- Optimize storage locations and warehouse organization for efficient inventory retrieval.

What we are looking for

- Exceptional leadership and management skills
- Strong problem-solving and analytical abilities
- High attention to detail and accuracy
- Excellent organizational and multitasking capabilities
- Effective and clear communication skills
- Strong interpersonal skills for collaboration across teams
- Proactive and self-motivated
- Adaptable and flexible to changing business needs
- Strong decision-making capabilities
- Ability to develop and implement strategic plans
- Thorough understanding of inventory management principles
- Competent in using inventory management software and ERP systems
- Proficiency in Microsoft Excel and other related tools
- High degree of accountability and reliability
- Ability to train, mentor, and support team members
- Strong conflict resolution skills
- Commitment to maintaining data integrity and compliance
- Ability to forecast and plan inventory effectively
- Capacity to manage and resolve inventory discrepancies promptly

What you can expect (benefits)

- Competitive salary range commensurate with experience
- Comprehensive health benefits (medical, dental, vision)
- Retirement savings plan with company match
- Paid time off, including vacation, sick leave, and holidays
- Flexible working hours and remote work options
- Professional development and continuing education opportunities
- Employee wellness programs and resources
- Life and disability insurance coverage
- Performance bonuses and incentives
- Tuition reimbursement for relevant courses and certifications
- Company-sponsored training and certifications
- Opportunities for career advancement and internal promotions
- Employee assistance program (EAP)
- Collaborative and inclusive work environment
- Access to company facilities and resources
- Paid parental leave and family support policies
- Employee discount programs
- Transportation and commuter benefits
- Regular team-building events and activities

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