Inventory Control Specialist
Timken Co
Inventory Control Specialist
Norton Shores, Michigan, United States, 49441 ABOUT ROLLON Rollon by Timken designs and manufactures high-performance linear components, actuators, and complete motion systems that power industrial innovation worldwide. With a strong focus on engineered-to-order solutions, we partner with customers to develop customized technologies that solve complex motion challenges and adapt to the evolving needs of modern industry. Our vision is to be the world's leading linear motion provider for customized product solutions and digital services, committed to a demanding, innovative and sustainable approach. We are committed to continuous improvement, advanced engineering, and long-term partnerships that create measurable value. Rollon solutions are trusted globally across industrial automation, aerospace, medical equipment, material handling, and other critical sectors where performance, efficiency, precision, and reliability are essential.
POSITION SUMMARY An Inventory Control Specialist is responsible for managing and tracking a company's products and materials. This role focuses on maintaining accurate records of stock, monitoring inventory levels, and ensuring the proper flow of goods from receiving to shipping. The specialist works to balance supply and demand, preventing issues like stock shortages or excess inventory. To maintain optimal stock levels, this position requires collaboration with various departments, including procurement, logistics, and sales. The Inventory Control Specialist ensures that inventory data is accurate and accessible to other business units. This coordination is key to the timely replenishment of goods and the overall efficiency of the supply chain. Through diligent tracking and management, the Inventory Control Specialist plays a vital part in the operational success of the business. Their work directly supports order fulfillment, helps to minimize waste, and ensures that products are available to meet customer demand.
DUTIES AND RESPONSIBILITIES
- Conduct regular physical inventory counts and audits to reconcile discrepancies between physical stock and inventory records.
- Analyze inventory data and generate reports to monitor stock levels, identify trends, and forecast future inventory needs.
- Implement and maintain a system for organizing and locating items within the warehouse to optimize storage and retrieval.
- Process and document returns, damages, and obsolete stock to maintain an accurate and up-to-date inventory system.
- Train staff on inventory control procedures.
- Investigate inventory discrepancies to determine the root cause and implement corrective actions to prevent recurrence.
- Develop and implement loss prevention strategies to reduce shrinkage, theft, and breakage of inventory.
EXPERIENCE
Previous experience in a warehouse, logistics, or supply chain setting
Experience with data entry, record keeping, and using handheld devices like barcode scanners
EDUCATION
High school diploma or an equivalent qualification. Prefer candidates with an associate or bachelor's degree in business, logistics, or supply chain management.
SKILLS
Data Analysis and Forecasting: An Inventory Control Specialist uses analytical skills to interpret inventory data, identify trends in stock movement, and forecast future needs. This involves analyzing order patterns to anticipate demand and ensure optimal stock levels are maintained.
Inventory Management Software Proficiency: Proficiency in using inventory management software is crucial for tracking stock, managing records, and communicating inventory information across departments. This skill includes the ability to use ERP systems and other tools to maintain accurate inventory data.
Record Keeping and Accuracy: This role requires meticulous attention to detail for maintaining precise records of all inventory transactions, including stock received, shipped, and returned. Strong record-keeping abilities ensure that inventory data is accurate and reliable.
Problem-Solving: An Inventory Control Specialist must possess strong problem-solving skills to investigate and resolve inventory discrepancies. This includes identifying the root cause of issues and implementing corrective actions to prevent future errors.
Communication and Collaboration: Effective communication is essential for coordinating with various departments, such as procurement, sales, and logistics, to streamline inventory operations. This skill also involves building and maintaining good working relationships with suppliers.
Time Management and Organization: The ability to manage multiple tasks and meet deadlines is a key skill for an Inventory Control Specialist. Strong organizational skills are necessary for handling various responsibilities, from conducting inventory audits to managing daily stock movements
COMPENSATION AND BENEFITS Position offers a comprehensive benefits package that includes, health, dental, vision, life, disability, vacation time, 10 paid holidays per year, sick time, tuition reimbursement, 401(k) w/company match.
All offers of employment are contingent upon the successful completion of a background check (criminal, education verification, and employment verification), as well as a medical screening that includes drug testing. All qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards. There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran/military status or any other basis protected by applicable law.
Timken$500 per month
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