The Inventory Control Specialist will be responsible for balancing daily inventory levels between our warehouse and store locations. The role involves monitoring stock quantities, analyzing sales trends to identify high-demand items, and ensuring we are adequately stocked to meet customer demand. This individual will also play a key role in forecasting inventory needs to prevent stockouts and overstock situations. Key Responsibilities:
- Monitor and manage inventory levels between the warehouse and stores.
- Conduct regular inventory audits to ensure accuracy.
- Analyze sales data to identify high-demand products and adjust inventory levels accordingly.
- Develop and maintain inventory forecasting models to predict future inventory needs.
- Collaborate with the purchasing team to ensure timely restocking of inventory.
- Implement and maintain inventory control procedures to optimize inventory management. 7. Identify and resolve discrepancies in inventory records.
- Generate regular reports on inventory status and performance.
- Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or a related field.
- Proven experience in inventory control, inventory management, or a related role.
- Strong analytical skills and attention to detail.
- Proficiency in inventory management software and Microsoft Excel.
- Excellent organizational and problem-solving skills.
- Ability to work independently and collaboratively within a team.
- Strong communication skills to effectively liaise with other departments.
