Inventory Manager Job Description
Inventory Manager Duties & Responsibilities
To write an effective inventory manager job description, begin by listing detailed duties, responsibilities and expectations. We have included inventory manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Inventory Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Inventory Manager
List any licenses or certifications required by the position: APICS, CPIM, PMP, MBA, HAACP, HACCP, CSCP, CSCMP, CPA, NAPM
Education for Inventory Manager
Typically a job would require a certain level of education.
Employers hiring for the inventory manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Business, Management, Education, Engineering, Accounting, Finance, Supply Chain Management, Business/Administration, Associates, MBA
Skills for Inventory Manager
Desired skills for inventory manager include:
Desired experience for inventory manager includes:
Inventory Manager Examples
Inventory Manager Job Description
- Lead a destruction process with all manufacturing/distribution sites to ensure the integrity of Shire owned inventory
- Ensure the global supply chain has one standard for all inventory reconciliations
- Coordinate between functions in Materials and Logistics to ensure one process for the Global Supply Chain organization
- Coordinate accurate accountable inventory provision process
- Maintain/Establish metrics around the processes to measure improvements, illustrate trends
- Manage day-to-day activities within department
- Ensure accuracy of system inventory on the databases
- Establish cycle counting and reconciliation procedures, ensuring frequency of inventory counts meet company and audit requirements
- Work with Operations Dept
- Assist in setting process and procedures for Inventory department
- Music industry experience in a client-relation capacity
- Identify issues opportunities for improvement related to inventory or processes within the facilities
- BA or BS from a top tier university
- Strong analytical skills, comfortable dealing with large and complex datasets
- Experience in a data analytics or business operations role
- Excellent communication & stakeholder management across all levels
Inventory Manager Job Description
- Communicates and reports statuses of business conditions for all areas of responsibility working with Materials Mgmt
- Will lead process improvement as related to forecasting and order fulfillment, ensuring that customer expectations are met
- Ensure execution of daily operations within the department Budget execution and adherence
- Accountable for production, supervision and discipline of employees
- Monitor and evaluate employees based on goals and standards
- Compile production and personnel statistics into spreadsheets or databases
- Verify employee time/payroll information, authorize overtime
- Reinforce policy and procedure compliance
- Coordinate with other departments within the company
- Solve/respond to production problems
- Previous track record of setting up and monitoring KPIs
- Train employees on job specific duties
- Supervise projects as required
- Drive warehouse standards and controls to ensure all product is stored and delivered to customers in excellent condition
- Measure and improve Inventory turn-over
- Creates monthly financial forecast (ROF) for sales, gross profit, inventory, and other required elements in merchandise plan and identifies trends, opportunities, and risks to current forecasts and the next period s plan
Inventory Manager Job Description
- Ensure that all inventory policies are being followed by all employees
- Daily Charge verification and report any discrepancies to finance
- Provide training to all Inventory Analysts and Implant Coordinators
- Facilitate excess inventory reduction by returning excess products to vendors timely
- Evaluate inventory levels, making adjustments to inventory min/max levels, safety stock, lead time, and inventory formulas to ensure sufficient supply to meet customers’ needs while maintaining targeted inventory turns
- Work to minimize non-moving or slow moving inventory SKU’s
- Work to minimize inventory write-off’s due to expired or obsolete inventory
- Work to ensure warehouse achieves inventory metric goals
- Assist Warehouse Logistics Manager in preparing warehouse Key Performance Indicator report
- Interface with and propose solutions to the Chief Operating Officer and Warehousing & Logistics Manager regarding all issues related to inventory
- Exceptionally well organised, efficient and analytical
- Associate's degree (A.A.) required
- Clinical Engineering or Imaging experience required
- Demonstrated success/ability to manage multiple projects, prioritize to deadlines and deliver high-quality results on time
- Attention to detail while understanding the big picture, strategy and purpose
- Customer-oriented approach with ability to find solutions to complex, stressful situations
Inventory Manager Job Description
- You will ensure compliance with all related policies and guidelines and ensure 100% Inventory accuracy
- You will manage daily activity update, stock movement, stock accuracy, cycle count, space optimization
- Learn to troubleshoot supply chain issues
- Daily record keeping of company equipment and inventory between multiple branches
- Serving as a connection between corporate departments and the local branch
- Experience with Ag equipment & parts
- Line management of Warehouse Operatives and Warehouse disciplines
- Proactively train, evaluate and motivate inventory shop-floor team / associates (put away, cycle count, picking)
- Ensure continuous improvement and that prompt action is taken with any complaints that arise (quick action)
- Ensure targets and deadlines are clearly understood and are being achieved
- Demonstrated advanced understanding of Excel
- Assist finance and sales teams in reconciling and finalizing billing on a monthly basis
- Support Programmatic, Media, Devs Sales Managers by delivering Ad-Hoc reports relating to revenue, sell through and yield as required
- Minimum of associate’s degree in business, materials management, or other related discipline, or an
- Minimum of five years’ experience in progressive inventory role in a manufacturing environment
- Experienced in a Management role
Inventory Manager Job Description
- 2-5 Years’ experience in warehouse field
- Ability to communicate clearly, effectively and with enthusiasm (verbal communication skills)
- Leadership, teamwork and staff development
- Responsible for the accuracy of stock recording, to include location management quantities
- Implement, manage and control a planned perpetual inventory system
- Design, Develop and implement process & procedure to ensure a streamlined and efficient stores facility
- Develop and introduce department KPI's
- Supervise, manage and control stores staff
- Excess inventory reporting and analysis
- Fill rate reporting and analysis
- BA/BS degree in related field or equivalent work experience required
- Knowledge of either lean manufacturing or six sigma desirable
- Analytical ability with a solid understanding of costing practices
- Must have high level skills in a major ERP system
- Must be able to handle multiple tasks simultaneously with competing priorities
- Ability to communicate effectively across all departments and levels within the organization