Inventory Control Manager manages inventory control operations. Implements policies, objectives, and initiatives. Being an Inventory Control Manager employs standards, metrics, and procedures that maximize inventory management efficiency. Assists with inventory planning, scheduling, forecasting, and control operations. Additionally, Inventory Control Manager implements Inventory tools and systems for tracking, analysis, auditing, and reporting. Collaborates with cross-functional teams and stakeholders to identify and prioritize initiatives to optimize inventory capabilities and develop best inventory management practices. Requires a bachelor's degree. Typically reports to a head of a unit/department. The Inventory Control Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Inventory Control Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Job Description – Inventory Control Manager
We are QMed – a leader in medical supply distribution with business relationships across the globe! We seek a dedicated and experienced Manager to oversee our Inventory Control Department within our warehouse operations. The successful candidate will be required to have strong leadership skills in managing warehouse workers, by ensuring their accuracy, productivity and efficiency in their role.
The Inventory Control Manager will play a pivotal role in implementing and enforcing inventory controls, developing policies, and collaborating with various departments to streamline operations. They will be responsible for identifying and minimizing financial impacts associated with missing, damaged, excess, and obsolete inventory while providing regular key performance indicator (KPI) information to all levels of management.
ESSENTIAL DUTIES AND TASKS:
· Develop, implement, and maintain new and/or established inventory control processes, procedures, and work methods in accordance with industry standards, department and company objectives, and internal policies and requirements.
· Manage and coordinate regular cycle counts and cycle counters.
· Maintain timely communication and coordinating with the appropriate person(s) and/or department(s) to continuously improve inventory accuracy.
· Maintain awareness of current activities and issues.
· Manage, prepare, and conduct annual physical inventories.
· Compile KPI’s on operational performance and warehouse productivity.
· Work to improve operational performance by managing the slotting of housed product.
· Maintaining quality assurance records.
· Coordinates with Human Resources in all aspects of employee relations including but not limited to: employee interviewing, hiring, coaching, counseling, progressive disciplinary action, complaints, scheduling, training and development.
EXPERIENCE, SKILLS and EDUCATION:
Management: Knowledge of principles involved in strategic planning, resource allocation, leadership technique, best practices, and coordination of people and resources.
· Safety and Security: Knowledge of relevant equipment, policies, procedures, regulations, and strategies to promote a safe environment.
· Communication: Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and standard operational procedures. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers, vendors, executive team, or employees of organization.
· Mathematical Skills: Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.
· Process Improvement: Ability to question preconceived notions, which can help identify issues or areas for improvement.
· Data Analytics: Use data and information analysis to perform root-cause analysis on related quality issues and increase accuracy and efficiency in the operation. Conduct timely research, on discrepancies and breakdown in processes, through the supply chain cycle. Work with cross functional teams to design solutions to identified issues.
· General Experience: Minimum 5 years’ experience in inventory control environment and/or supply chain management.
SALARY and BENEFITS:
· Salary starts at $65K and the total compensation package is competitive with experience and it includes company-paid benefits.
· 7 company paid holidays.
· Company paid medical benefits that include Short-term & Long-term Disability, Life Insurance and other work site benefits.
· Affordable cost for Medical, Dental and Vision plans.
· 401k plan with matching and profit-sharing plan.
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Job Type: Full-time
Pay: $65,000.00 - $75,000.00 per year
Benefits:
Schedule:
Ability to Relocate:
Work Location: In person
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