Our Inventory Control Manager job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Inventory Control Manager role
The Inventory Control Manager is responsible for overseeing and managing the organization's inventory supplies and stock levels. They ensure accurate inventory tracking and timely ordering of new supplies in accordance with the company's needs. The manager also ensures that inventory is stored safely and securely and that stock is rotated and monitored for expiration dates. They are also responsible for setting and implementing inventory control policies, procedures, and standards.
Role Purpose
The purpose of an Inventory Control Manager is to manage and oversee the inventory control process in an organization. This includes ensuring that inventory levels are accurately tracked and maintained, establishing and implementing policies and procedures for inventory control, and monitoring inventory to minimize losses and maximize profits. The Inventory Control Manager is also responsible for developing and maintaining relationships with vendors and suppliers to ensure timely and accurate delivery of goods. Additionally, the Inventory Control Manager may be involved in forecasting inventory needs, negotiating contracts and pricing with vendors, and analyzing inventory data for future needs.
Inventory Control Manager Summary
The Inventory Control Manager is responsible for overseeing the management and maintenance of all inventory control activities, including inventory accuracy, receiving, shipping, and cycle counting. This position will monitor inventory levels and maintain accurate records to ensure the timely delivery of products. The Inventory Control Manager will also analyze inventory data, develop and implement inventory control systems, and provide guidance on inventory management best practices. This position requires excellent organizational and communication skills, as well as the ability to work independently and as part of a team.
Inventory Control Manager Duties
- Manage inventory of materials, supplies and equipment
- Review inventory levels and determine order quantities
- Develop inventory management systems and processes
- Monitor stock levels and ensure timely replenishment
- Analyze data and provide reports to management
- Ensure compliance with company policies and procedures
Inventory Control Manager Skills
- Organization
- Budgeting
- Analytical Thinking
- Inventory Management
- Communication
Inventory Control Manager Requirements
- Manage inventory levels to ensure availability of products and materials
- Monitor inventory transactions to ensure accuracy of stock levels
- Conduct regular stock and cycle counts to maintain accurate inventory records
- Analyze inventory data to identify trends and develop strategies for effective inventory management
- Develop and implement procedures for the receipt, storage and dispatching of goods
- Manage the inventory control team and provide guidance to ensure productivity
- Analyze purchasing trends and anticipate future needs
- Collaborate with suppliers to ensure timely delivery of goods
- Develop and implement cost-effective inventory control systems
- Ensure compliance with safety regulations and legislations
Personal Traits
- Excellent organizational skills
- Strong problem-solving skills
- Attention to detail
- Ability to work independently
- Knowledge of inventory management systems