The Inventory Control Specialist will be responsible for balancing 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 play a key role in forecasting inventory needs to prevent stockouts and overstock situations. Key Responsibilities:
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Monitor and manage inventory levels between the warehouse and stores.
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Conduct regular inventory audits to ensure accuracy.
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Analyze sales data to identify high-demand products and adjust inventory levels accordingly.
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Develop and maintain inventory forecasting models to predict future inventory needs.
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Collaborate with the purchasing team to ensure timely restocking of inventory.
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Implement and maintain inventory control procedures to optimize inventory management. 7. Identify and resolve discrepancies in inventory records.
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Generate regular reports on inventory status and performance.
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Bachelor's degree in Supply Chain Management, Logistics, Business Administration, or a related field.
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Proven experience in inventory control, inventory management, or a related role.
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Strong analytical skills and attention to detail.
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Proficiency in inventory management software and Microsoft Excel.
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Excellent organizational and problem-solving skills.
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Ability to work independently and collaboratively within a team.
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Strong communication skills to effectively liaise with other departments.