Job Description:
The Inventory Control Specialist will balance daily inventory levels between our warehouse and store locations. The role involves monitoring stock quantities, analyzing sales trends to identify high-demand items, and ensuring we are adequately stocked to meet customer demand. This individual will also be key in forecasting inventory needs to prevent stockouts and overstock situations.
Key Responsibilities:
- Monitor and manage inventory levels between the warehouse and stores.
- Conduct regular inventory audits to ensure accuracy.
- Analyze sales data to identify high-demand products and adjust inventory levels accordingly.
- Develop and maintain inventory forecasting models to predict future inventory needs.
- Collaborate with the purchasing team to ensure timely restocking of inventory.
- Implement and maintain inventory control procedures to optimize inventory management.
- Identify and resolve discrepancies in inventory records.
- Generate regular reports on inventory status and performance.