Inventory Management Specialist
2 months ago
Precision Hire Solution is seeking a detail-oriented and organized Inventory Clerk to join our team. As an Inventory Clerk, you will be responsible for maintaining accurate and up-to-date inventory records, ensuring timely delivery of inventory items, and implementing inventory control measures to optimize inventory turnover.
Key Responsibilities:- Inventory Management: Monitor and control inventory levels, tracking stock movements, and conducting regular stock counts to ensure accuracy and completeness of inventory records.
- Inventory Receipt and Inspection: Receive, inspect, and record incoming inventory shipments, verifying quantities, quality, and condition of goods received against purchase orders or packing slips.
- Inventory Database Management: Update inventory databases, systems, or spreadsheets to reflect stock transactions, adjustments, and movements, maintaining up-to-date and accurate inventory records.
- Inventory Reporting: Generate inventory reports, including stock levels, aging analysis, and inventory turnover ratios, to assess inventory performance and identify trends or issues.
- Inventory Forecasting: Analyze demand patterns, sales forecasts, and historical data to forecast inventory requirements, set reorder points, and determine optimal stock levels.
- Inventory Coordination: Coordinate with procurement and purchasing teams to place orders for replenishment stock, ensuring timely delivery and availability of inventory items.
- Inventory Control: Manage stock rotation, shelf-life tracking, and expiry date monitoring for perishable or time-sensitive goods, minimizing waste and spoilage.
- Inventory Audits: Conduct regular inventory audits, reconciling physical stock counts with inventory records, investigating discrepancies, and resolving inventory variances.
- Inventory Discrepancies: Identify and investigate inventory discrepancies, stock shortages, or surplus inventory, conducting root cause analysis and implementing corrective actions.
- Warehouse Operations: Collaborate with warehouse and logistics teams to ensure efficient storage, handling, and distribution of inventory items, optimizing warehouse layout and organization.
- Supplier Relationships: Develop and maintain relationships with suppliers, vendors, and service providers, negotiating terms, pricing, and delivery schedules to ensure reliable supply of inventory items.
- Inventory Best Practices: Implement inventory management best practices, standard operating procedures (SOPs), and quality standards to improve efficiency and accuracy in inventory control processes.
- Training and Development: Train and supervise inventory staff, providing guidance, coaching, and support to ensure compliance with inventory management policies and procedures.
Precision Hire Solution offers a dynamic and challenging work environment, with opportunities for professional growth and development. If you are a detail-oriented and organized individual with excellent communication skills, we encourage you to apply for this exciting opportunity.
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