job description : Inventory Controller

Department:

Supply Chain & Logistics

Reports To:

Inventory Manager or Supply Chain Manager

Employment Status:

Typically, full-time, though part-time and contract positions may be available depending on organizational needs.

Compensation:

Compensation varies based on experience, region, and the company’s size. Typically, an inventory controller might receive a base salary, potential bonuses, and, in some organizations, benefit packages.


Position Overview

An Inventory Controller plays a crucial role in managing and overseeing an organization’s stock, ensuring that optimal levels are maintained and that the flow of goods remains efficient and cost-effective. This role requires meticulous attention to detail, a firm grasp of logistics, and a deep understanding of demand and supply principles.


Key Responsibilities

  1. Stock Management: Monitor inventory levels within the warehouse or storage facility, ensuring stock levels align with demand forecasts.
  2. Reporting: Regularly generate and analyze inventory reports, highlighting any discrepancies or inefficiencies and making recommendations for improvement.
  3. Ordering and Purchasing: Coordinate with procurement teams to ensure timely and cost-effective stock replenishment.
  4. Quality Control: Conduct regular audits and inventory inspections to ensure product quality and accurate record-keeping.
  5. Loss Prevention: Implement security measures and procedures to prevent theft, damage, or potential losses.
  6. Collaboration: Work closely with sales, procurement, and warehousing teams to ensure seamless operations and meet organizational objectives.
  7. Technology Utilization: Operate and maintain inventory management software or systems, ensuring accurate data entry and reporting.

Qualifications

  • A minimum of a bachelor’s degree in supply chain management, logistics, business administration, or a related field.
  • Previous experience in inventory management or a related role is typically preferred.
  • Strong analytical and problem-solving skills.
  • Proficiency in inventory management software or related IT systems.
  • Exceptional organizational and multitasking abilities.
  • Strong communication skills, both written and verbal.

Benefits

  • Health Benefits: Medical, dental, and vision insurance coverage.
  • Retirement Plans: Potential for 401(k) or similar retirement savings options with company matching.
  • Professional Development: Opportunities for training, courses, and certifications to advance career prospects.
  • Employee Discounts: Discounts on company products or services, if applicable.
  • Paid Time Off: Includes holidays, sick days, and vacation days.
  • Bonus Structures: Performance-based bonuses or profit-sharing in specific organizations.

With a central role in any organization’s supply chain, an Inventory Controller ensures that business operations run smoothly and efficiently, maximizing profitability and meeting customer demands.