Operations

Inventory Manager

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

About Vintti

Vintti is a staffing agency dedicated to boosting the economic efficiency of US companies. We provide access to a diverse range of skilled Latin American professionals, allowing businesses to build robust teams without the traditional high costs associated with domestic hiring. Our model supports companies in maximizing their resources, driving innovation, and achieving sustainable growth.

Description

An Inventory Manager is responsible for overseeing and managing the inventory levels of a business, ensuring the efficient receipt, storage, and dispatch of a wide range of goods. This role includes maintaining accurate inventory records, forecasting demand, and implementing strategies to minimize shortages and overstocks. Ensuring the integrity of the inventory processes, coordinating with various departments, and utilizing specialized inventory management software are key components of the position. The Inventory Manager plays a critical role in optimizing inventory turnover, reducing holding costs, and enhancing overall operational efficiency.

Requirements

- Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or a related field
- Proven experience as an Inventory Manager or similar role in inventory management
- Thorough knowledge of inventory management software (e.g., ERP systems)
- Strong analytical and mathematical skills
- Excellent organizational and time-management abilities
- Ability to manage and lead a team effectively
- Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)
- Strong attention to detail and accuracy
- Capable of multitasking and handling high-pressure situations
- Effective communication and interpersonal skills
- Familiarity with safety and regulatory compliance standards
- Experience in conducting physical inventory audits and cycle counts
- Strong problem-solving skills and ability to resolve discrepancies
- Understanding of supply chain management principles and inventory forecasting
- Ability to develop and implement inventory control procedures
- Experience in coordinating with procurement and sales teams
- Capability to analyze and interpret inventory data
- Ability to collaborate with suppliers and resolve supply issues
- Experience in maintaining key performance indicators (KPIs) for inventory management
- Willingness to continuously improve inventory management processes.

Responsabilities

- Oversee daily inventory operations to ensure optimal levels and accuracy
- Conduct regular cycle counts and full physical inventory audits
- Analyze inventory data and generate detailed management reports
- Develop and implement inventory control procedures and best practices
- Coordinate with procurement and sales teams to forecast demand and ensure stock availability
- Supervise and train inventory staff on procedures and software systems
- Investigate and resolve inventory discrepancies promptly
- Manage inventory stocking locations and optimize storage conditions
- Monitor and maintain inventory software systems for accuracy and efficiency
- Collaborate with suppliers to address supply issues or discrepancies
- Ensure compliance with company policies and regulatory requirements
- Process and track inventory transfers between warehouses and retail locations
- Establish and maintain key performance indicators (KPIs) for inventory management
- Review and approve inventory-related invoices and purchase orders
- Provide inventory-related support during audits and inspections
- Implement and maintain safety standards within the inventory department
- Oversee returns and damaged goods processes and adjust inventory records accurately
- Plan and coordinate inventory training sessions for new staff
- Communicate significant inventory issues or trends to management
- Continuously evaluate and improve inventory management processes for increased efficiency

Ideal Candidate

The ideal candidate for the Inventory Manager role will possess a Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or a related field, coupled with proven experience in a similar capacity that demonstrates expertise in inventory management. This individual will be technically proficient with a thorough knowledge of inventory management software, particularly ERP systems and the Microsoft Office Suite. They must exhibit strong analytical and mathematical capabilities, ensuring precise data interpretation and accuracy in all inventory-related tasks. An exceptional communicator and proactive problem-solver, the ideal candidate will demonstrate excellent organizational and multitasking abilities, adeptly handling high-pressure situations while maintaining meticulous attention to detail. Leadership and team-management skills are essential, as they will be responsible for supervising and training staff, fostering a cooperative team environment. This candidate will have a strategic mindset, capable of developing and implementing effective inventory control procedures and continuously improving processes for enhanced efficiency. Their ability to collaborate with procurement, sales teams, and suppliers will be crucial in forecasting demand and addressing supply issues promptly. Safety-conscious with a keen understanding of regulatory compliance, this individual will also be resourceful and adaptable, ready to troubleshoot and resolve discrepancies swiftly. Their strong work ethic, reliability, and results-driven approach will ensure they meet or exceed key performance indicators (KPIs) while supporting overall business objectives with a customer-focused mindset.

On a typical day, you will...

- Oversee and manage daily inventory operations to ensure optimal inventory levels and accuracy
- Conduct regular cycle counts and full physical inventory audits
- Analyze inventory data and generate detailed reports for management review
- Develop and implement inventory control procedures and best practices
- Coordinate with procurement and sales teams to forecast demand and ensure stock availability
- Supervise and train inventory staff on operational procedures and software systems
- Investigate and resolve inventory discrepancies in a timely manner
- Manage inventory stocking locations and storage conditions to optimize space and minimize loss
- Monitor and maintain inventory software systems for accuracy and efficiency
- Collaborate with suppliers to address supply issues or discrepancies
- Ensure compliance with company policies and regulatory requirements
- Process and track inventory transfers between various warehouses and retail locations
- Establish and maintain key performance indicators (KPIs) for inventory management
- Review and approve inventory-related invoices and purchase orders
- Provide inventory-related support during audits and inspections
- Implement and maintain safety standards within the inventory department
- Oversee returns and damaged goods processes and accurately adjust inventory records
- Plan and coordinate inventory training sessions for new staff members
- Communicate with management about significant inventory issues or trends
- Continuously evaluate and improve inventory management processes for increased efficiency

What we are looking for

- Detail-oriented with a strong focus on accuracy
- Proactive problem-solver with a can-do attitude
- Excellent multitasking ability
- Strong leadership and team-management skills
- Effective communicator, both written and verbal
- Highly organized with superior time-management skills
- Analytical thinker with strong mathematical skills
- Adaptable and capable of handling high-pressure situations
- Collaborative team player with a cooperative spirit
- Technologically proficient with the ability to quickly learn new systems
- Commitment to continuous improvement and process optimization
- Resourceful with the ability to troubleshoot and resolve issues promptly
- Dependable and reliable with a strong work ethic
- Strategic planner with foresight in inventory management
- Strong interpersonal skills for effective supplier and internal team collaboration
- Keen understanding of supply chain dynamics and inventory control principles
- Safety-conscious and knowledgeable of regulatory compliance
- Results-driven with a track record of meeting or exceeding KPIs
- Innovative thinker with a willingness to implement new ideas and approaches
- Customer-focused mindset to support overall business objectives

What you can expect (benefits)

- Competitive salary range based on experience and qualifications
- Comprehensive health, dental, and vision insurance plans
- 401(k) retirement plan with company match
- Generous paid time off (PTO) and holiday schedule
- Flexible work hours to support work-life balance
- Opportunities for professional development and career advancement
- Tuition reimbursement for relevant courses and certifications
- Employee assistance program (EAP) for personal and professional support
- Wellness programs including gym membership discounts and wellness initiatives
- Employee recognition and rewards program
- Life and disability insurance coverage
- Access to company-sponsored training and development workshops
- Networking opportunities and team-building events
- Casual dress code and a positive work environment
- Travel expense reimbursement for work-related travel
- On-site amenities such as free snacks, beverages, and parking
- Company-sponsored volunteer opportunities and community involvement programs
- Employee discount on company products or services
- Relocation assistance for qualifying candidates

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