Manager, Inventory Job Description
Manager, Inventory Duties & Responsibilities
To write an effective manager, inventory job description, begin by listing detailed duties, responsibilities and expectations. We have included manager, inventory job description templates that you can modify and use.
Sample responsibilities for this position include:
Manager, Inventory Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Manager, Inventory
List any licenses or certifications required by the position: APICS, CPIM, PMP, MBA, HAACP, HACCP, CSCP, CSCMP, CPA, NAPM
Education for Manager, Inventory
Typically a job would require a certain level of education.
Employers hiring for the manager, inventory 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 Manager, Inventory
Desired skills for manager, inventory include:
Desired experience for manager, inventory includes:
Manager, Inventory Examples
Manager, Inventory Job Description
- Monitor Reconciliation process of the system(s) on a regular basis
- Maintain good Audit trails through all processes within the supply chain
- Update Process Maps and Operations Manual
- Ensure any manual processes that are required are all done satisfactorily
- Investigate reasons for discrepancies and communicate results
- Develop action plans to reduce stock discrepancies and shortages, report on results of those plans
- Manage the Return to Vendor (RTV) process between vendors, distribution operations and accounting
- Manage the relationship with 3rd party repair vendors as it relates to NAPG stock
- Ensure all managed teams work within agreed SLA’s
- Manage staffing and expenses to or below budget
- WMS Experience not essential but an advantage
- Fashion industry experience preferable but not essential
- You should have good supervisory and motivational skills, together with previous people management experience
- Numerate with a breath-taking eye for detail!
- Ability to seek out areas for improvement planning and enacting such changes
- Ability to communicate effectively on all levels, both to senior managers and leadership their own team(s)
Manager, Inventory Job Description
- Reduction in slow and non-moving stock by identifying preferred mod states, packages for disposal, packages for consignment to customers
- Continually review and optimize aircraft component inventory levels to support a global business
- Monitors procedures and methods relative to the invoicing process, inventory tracking, inventory controls and inventory reconciliations
- Budget Planning/Forecasting-Participate in the Annual inventory budgeting process ensuring timeliness, accuracy, and transparency
- Ensure visibility to areas of risk risk mitigation alternatives
- In partnership with other Divisional Staff is responsible for the flawless execution of our Semi-Annual Physical Inventory the weekly Cigarette inventories
- Provide support to Controller on various financial assignments
- Acquires leads and develops team by being a mentor to direct reports, enhancing potential skills and addressing development opportunities
- Responsible for assisting in the design and implementation of a cost accounting system
- Oversee annual physical inventories
- Reconciles promotional estimates and buy quantities to the financial plan and the Buyer s sales demand forecasts, and supports inventory requirements for out of line displays (i.e., end-caps, bulk stacks, Sears experience)
- 4 year degree with a focus in Operational Research, Strategic Planning, Mathematics, Engineering, Physics or similar is required
- Experience in and knowledge of the merchandising and inventory business environment, particularly in regards to planning, purchasing, distribution, and open to buy
- Strong skills in MS Office including Word
- Occasional work in the warehouse (picking/packing)
- Bachelor's degree in business, logistics, or supply chain, or a minimum of eight (8) years of relevant work experience
Manager, Inventory Job Description
- Assist with GSO’s (General Store Orders) as needed
- Assist in product recalls as needed
- Assist Purchasing and Accounts Payable staff in researching discrepancies as needed
- Manage effective communication with customers, co-workers, and other team members
- Ensure Cycle Counts are performed and assist when needed
- Prepare and conduct annual performance reviews for employees
- You will be supporting implementations of existing/new initiatives with continuous and ad-hoc data requests
- You will be building and continuously improving models with the team
- You will be developing dashboards based on system data to help optimize warehouse space
- You will be aggregating and analyzing data from various sources and databases
- Manage yields and inventory across all Domain Group digital and print assets to ensure product performance
- Work in collaboration with all teams to be abreast of pricing dynamics
- Deliver regular, relevant and succinct communications to sales teams regarding team and individual revenue performance
- Work closely with Domain product and operations team
- Upon request provide suggestions regarding pricing and discount levels for brief responses and proposals
- Assist Programmatic Team in ensuring optimum yield across relevant programmatic channels
Manager, Inventory Job Description
- Monitor all cycle counts and identified issues related to variances (miss tagged, misplaced, theft, damage).Conducted root cause analysis
- Monitors inventory levels and fulfillment center capacity to ensure proper space utilization
- Conduct periodic location cleanup of multiple physical locations
- Coordinate pick list generation and put away of items effectively
- Conduct internal audit on inventory by coordinating inventory supervisors
- Ensure all items are put away immediately after inbound process
- Carry out 5S practices within inventory area
- Be prepared to assist with other departments in the warehouse as and when required
- Carry out internal health and safety audits as and when requested
- Ensure housekeeping standards are maintained at all times
- 5 or more years Inventory Management experience strongly preferred
- Must be very good working with numbers
- Must have ability to organize and schedule work effectively
- Bi-lingual Spanish desirable
- 4+ years’ experience in publishing or a related industry with specific knowledge of inventory management, distribution, general familiarity with basic accounting, manufacturing, freight, warehousing, and international distribution
- Demonstrated ability to deliver cost savings through process change
Manager, Inventory Job Description
- Coordinate print ahead program across multiple divisions and vendors to maximize cost savings and minimize inventory levels
- Coordinates quarterly component reviews to minimize component storage costs at key vendors
- Implement and train inventory staff on operational upgrades and process improvements
- Prepares annual inventory forecast
- Coordinates documentation and explanations for annual inventory audit
- Responsible for developing and communicating EOL inventory reserve & analysis
- Manages inventory levels
- Report to upper management on stock levels, issues
- Provide services to both new and existing customers in retail stores and warehouses
- Establish and maintain effective business relationships with customers using customer service skills
- Bachelor degree is preferred and/or equivalent related experience
- Improve procedures on a daily basis with emphasis on labor hours, accuracy and efficiency
- Accountable for pulling all fulfillment center transfers and D.O.E
- Create new locations for oversize and new product
- Work with corporate Purchasing dept
- Work in conjunction with all fulfillment center departments to assure accurate quantity counts for proper put away locations