Inventory Manager at SMD Technologies

Inventory Manager

• The Inventory Manager will be responsible for overseeing all aspects of inventory management in our warehouse facility. This includes but is not limited to inventory control, stock replenishment, order fulfilment, and maintaining accurate inventory records. The successful candidate will ensure that inventory levels are optimized to meet operational needs while minimizing carrying costs and stockouts.

Inventory Manager Roles & Responsibilities:

• Develop and implement inventory management policies and procedures to optimize inventory levels and ensure accuracy.
• Plan and execute inventory counts and audits to verify stock levels and reconcile discrepancies.
• Monitor inventory movements and trends to identify potential issues and opportunities for improvement.
• Coordinate with procurement and logistics teams to ensure timely receipt and distribution of goods.
• Implement systems and tools for efficient inventory tracking and reporting.
• Train and supervise inventory staff to ensure adherence to inventory management protocols.
• Collaborate with cross-functional teams to forecast demand and plan inventory replenishment.
• Analyze inventory data to identify slow-moving or obsolete stock and develop strategies to minimize excess inventory.
• Maintain compliance with regulatory requirements and company policies related to inventory management.
• Continuously evaluate and improve inventory management processes to enhance efficiency and accuracy.

Required Skills & Experience:

• Bachelor’s degree in business administration, Supply Chain Management, or related field (advantageous)
• 3-5 years of experience in inventory management, preferably in a warehouse or distribution environment.
• Proven track record of implementing inventory control strategies and improving inventory accuracy.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in inventory management software and Microsoft Excel.
• Ability to work effectively in a fast-paced and dynamic environment.