Inventory Control Specialist

Globalchannelmanagement

  • New York
  • 12 days ago

    Highlights

    Inventory Control Specialist requires: Bachelor's degree in Supply Chain Management, Business Administration, Industrial Engineering, Operations Management, or related field. Advanced analytical skills including forecasting analysis and inventory optimization Knowledge of inventory optimization techniques.

    Numbers & Facts

    LocationNew York

    Description

    Inventory Control Specialist needs 3+ years of experience in material planning, inventory control, or supply planning

    Inventory Control Specialist requires:

    • Bachelor's degree in Supply Chain Management, Business Administration, Industrial Engineering, Operations Management, or related field
    • Strong working knowledge of MRP systems and material replenishment processes
    • Advanced proficiency in Excel (pivot tables, advanced formulas, data modeling)
    • Hands-on experience with SAP (MM, PP, or related modules) or equivalent ERP system
    • Proven experience managing stock levels, reorder points, safety stock, and lead times
    • Solid understanding of inventory management principles and KPIs (Inventory Turns, DOH, Service Level, OTIF)
    • Ability to manage multiple priorities in a fast-paced environment
    • Proven experience managing stock levels, reorder points, safety stock, and lead times
    • Solid understanding of inventory management principles and KPIs (Inventory Turns, DOH, Service Level, OTIF)
    • Advanced analytical skills including forecasting analysis and inventory optimization Knowledge of inventory optimization techniques
    • Experience in high-volume, multi-site, or retail distribution environments
    • Proven problem-solving capability using structured methodologies (5 Whys, Lean principles)
    • Experience collaborating cross-functionally with Procurement, Operations, and Finance
    • Power BI or advanced data visualization experience
    • Experience automating reporting processes (VBA, Python)
    • Continuous improvement mindset with demonstrated process enhancement initiative

    Inventory Control Specialist duties:

    • Material Planning
    • Develop and maintain material requirement plans based on demand forecasts, production schedules, and project timelines
    • Monitor material availability and ensure timely replenishment
    • Manage safety stock levels and reorder points
    • Analyze lead times and adjust planning parameters accordingly
    • Coordinate with Procurement to align purchase orders with planning needs Inventory Management
    • Monitor inventory levels to prevent overstock and stockouts
    • Perform inventory analysis (slow-moving, obsolete, excess stock)
    • Optimize inventory turnover and working capital
    • Support physical inventory counts and reconciliation processes
    • Maintain accurate master data in ERP system Supplier Coordination
    • Track supplier performance (OTIF, lead time adherence)
    • Collaborate with vendors to improve delivery reliability
    • Manage supply risks and escalate critical shortages

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