Inventory Specialist

Job Description

Job Description

Description:

The Inventory Specialist is responsible for managing and maintaining accurate inventory records, overseeing stock levels, and ensuring efficient inventory control processes. This role plays a vital part in ensuring the availability of products while minimizing excess or obsolete inventory.

Responsibilities:

• Inventory Management: Monitor and maintain inventory levels to meet operational needs and prevent stockouts or overstock situations.
• Stock Replenishment: Coordinate the replenishment of inventory by generating purchase orders, tracking deliveries, and managing reorder points.
• Stock Rotation: Implement inventory rotation techniques (e.g., FIFO) to minimize product spoilage and obsolescence.
• Supplier Coordination: Liaise with suppliers to ensure timely deliveries and address any supply chain issues.
• Inventory Accuracy: Conduct regular physical inventory counts and reconcile discrepancies with recorded inventory levels.
• Data Entry: Accurately record all inventory transactions, adjustments, and movements in the inventory management system.
• Quality Control: Inspect incoming shipments for accuracy and quality, reporting any discrepancies or damaged goods.
• Documentation: Maintain organized records of inventory levels, transactions, and supplier communications.
• Forecasting: Collaborate with relevant departments to forecast inventory needs and adjust procurement strategies.
• Obsolete Inventory: Identify and manage obsolete or slow-moving inventory, coordinating with management for disposal or clearance.
• Inventory Audits: Perform periodic audits of inventory to ensure compliance with policies and procedures.
• Inventory Reports: Generate and analyze inventory reports, highlighting trends, discrepancies, and opportunities for improvement.
• Compliance: Ensure inventory management practices adhere to company policies and regulatory requirements.
• Process Improvement: Identify and recommend improvements to inventory management processes for increased efficiency.
• Technology Utilization: Leverage inventory management software and tools to enhance accuracy and efficiency.
• Safety: Adhere to safety guidelines and protocols when handling and storing inventory.
• Training: Provide training to staff on proper inventory handling and control procedures.

Requirements:

• High school diploma or equivalent; relevant coursework or certifications in inventory management is a plus.
• Proven experience in inventory control, warehouse management, or related roles.
• Strong analytical and problem-solving skills.
• Attention to detail and accuracy in record-keeping.
• Proficiency in inventory management software and Microsoft Excel.
• Effective communication and teamwork skills.
• Knowledge of inventory control best practices and supply chain operations.
• Physical fitness for tasks involving inventory handling and counting.
• Ability to work independently and in a team environment.
• Flexibility to adapt to changing inventory needs and market conditions.

Benefits:

• Health, dental, vision, and life insurance
• Employee discount
• Paid time off
• 401k plan

Position Type:

This is typically a full-time position with regular business hours, but flexibility may be required based on inventory needs.

Affirmative Action (AAP/EEO statement):

NVG provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

NVG uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities.

NVG is a drug-free workplace.

Disclaimer:

This job description is not intended to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

This description reflects management's assignment of essential functions, it does not prescribe or restrict the tasks that may be assigned; 

This job description is subject to change at any time. Other duties, responsibilities, and activities may change or be assigned at any time with or without notice.