Inventory Control Manager
Goodfellow Corp.
Inventory Control Manager
The Inventory Control Manager is responsible for the accuracy, integrity, optimization, and overall control of approximately $40 million in inventory across six Goodfellow branch warehouses.
This position provides company-wide leadership for inventory-control practices and works closely with Purchasing, Parts, Service, Sales, Warehouse Operations, Finance, and other departments to ensure inventory levels effectively support customer and operational needs while minimizing excess, obsolete, and slow-moving inventory.
The Inventory Control Manager will establish consistent inventory practices across locations, oversee cycle-counting and physical-inventory programs, optimize stocking parameters, analyze inventory performance, and identify opportunities to improve inventory availability, accuracy, and working-capital efficiency.
Essential duties and responsibilities include:
- Maintain ownership of inventory accuracy and integrity across all branch warehouse locations.
- Develop, implement, and oversee standardized cycle-counting programs.
- Monitor cycle-count results and ensure discrepancies are researched and resolved in a timely manner.
- Identify root causes of inventory discrepancies and implement corrective and preventive actions.
- Establish consistent inventory-control procedures across branch locations.
- Support and coordinate annual physical inventories.
- Conduct branch inventory reviews and audits as needed.
- Ensure inventory transactions, adjustments, transfers, and other movements are accurately recorded within company systems.
- Establish, review, and maintain reorder points, safety stock levels, and other inventory-planning parameters within NetSuite.
- Analyze historical demand, usage, lead times, sales activity, service requirements, and other factors to determine appropriate stocking levels.
- Partner with Sales, Service, Parts, and Purchasing to identify current and anticipated inventory requirements.
- Monitor inventory availability and develop strategies to reduce stockouts.
- Identify excess, obsolete, and slow-moving inventory and recommend appropriate corrective actions.
- Balance product availability with inventory investment and working-capital objectives.
- Assist in developing inventory strategies by branch, product category, customer demand, and operational requirements.
- Develop, monitor, and report key inventory performance indicators, including: inventory accuracy, inventory turns, fill rate, stockouts, excess and obsolete inventory, slow-moving inventory, cycle-count performance.
- Analyze inventory trends and provide recommendations to Supply Chain leadership.
- Partner with the Data Analyst to improve inventory reporting, visibility, and analysis.
- Support the maintenance and accuracy of inventory and pricing information.
- Provide management with regular updates regarding inventory performance, risks, and improvement opportunities.
- Work closely with Purchasing to improve replenishment strategies and product availability.
- Partner with warehouse teams to ensure proper receiving, storage, movement, and inventory-control practices.
- Collaborate with Finance to support accurate inventory valuation, reconciliation, and financial reporting.
- Work with Parts, Service, and Sales teams to understand customer demand and operational requirements.
- Develop and communicate inventory-control standards and expectations across the organization.
- Train and support branch personnel on inventory processes, procedures, systems, and best practices.
- Build strong working relationships with branch leadership and employees to promote accountability for inventory accuracy.
- Evaluate current inventory processes and identify opportunities to improve accuracy, efficiency, and consistency.
- Develop and maintain inventory-related standard operating procedures (SOPs).
- Identify opportunities to improve the use of NetSuite and other inventory-management tools.
- Lead inventory-related process improvement initiatives across multiple locations.
- Recommend changes to processes, systems, stocking strategies, and controls based on data and operational needs.
Qualifications include:
- Demonstrated experience in inventory control, inventory management, supply chain, warehouse operations, materials management, or a related field.
- Experience managing inventory across multiple warehouses, branches, or operating locations strongly preferred.
- Strong knowledge of cycle counting, physical inventory, inventory reconciliation, and root-cause analysis.
- Experience with inventory planning, replenishment, reorder points, safety stock, and inventory optimization.
- Experience identifying and reducing excess, obsolete, and slow-moving inventory.
- Strong analytical and problem-solving skills.
- Experience developing and monitoring inventory KPIs and performance metrics.
- ERP and inventory-management system experience required; NetSuite experience preferred.
- Strong Microsoft Excel skills.
- Strong organizational skills with the ability to manage multiple priorities and locations.
- Excellent written and verbal communication skills.
- Demonstrated ability to work effectively across departments and levels of an organization.
- Ability to influence inventory practices and drive accountability across multiple locations.
- Experience in heavy equipment, aggregate/mining equipment, industrial distribution, parts distribution, manufacturing, or a related industry preferred.
Leadership competencies include:
- Accountability and ownership
- Analytical and data-driven decision-making
- Leadership and influence
- Strong communication
- Cross-functional collaboration
- Strategic inventory planning
- Problem-solving and root-cause analysis
- Process improvement
- Attention to detail
- Ability to establish and maintain consistent standards
- Ability to balance customer needs with inventory investment
Work environment and travel:
This position works closely with employees in office and warehouse environments. Regular travel to Goodfellow branch locations may be required to conduct inventory reviews, support physical inventories, provide training, evaluate processes, and implement inventory-control initiatives.
This is an onsite position and is not designated as a remote or hybrid position.
Goodfellow Corporation is an Equal Opportunity Employer. Employment decisions are made based on qualifications, merit, and business needs. Goodfellow Corporation provides equal employment opportunities to all applicants and employees without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state, or local law.
Goodfellow Corporation is committed to providing a workplace free from unlawful discrimination, harassment, and retaliation.
This job description is intended to describe the general nature and level of work performed by employees assigned to this position. It is not intended to be an exhaustive list of all duties, responsibilities, qualifications, or working conditions. Responsibilities and duties may be modified based on business needs.
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