Inventory Specialist Job Description: Top Duties and Qualifications

An Inventory Specialist, or Inventory Control Specialist, oversees the ordering, storing, receiving and distributing processes of an organization’s products and supplies. Their main duties include controlling the flow of supplies and equipment, tracking and analyzing inventory maintenance and developing protocols for loss mitigation.

 

 

Build a Job Description

Inventory Specialist duties and responsibilities

Inventory Specialists maintain the inventory of the company they work for. Inventory Specialists have the additional following responsibilities:

  • Interview potential vendors and select ones that best meet the needs of the organization
  • Oversee inventory and order additional products and supplies when needed
  • Evaluate the selection and shipping process and work to improve efficiency
  • Keep up-to-date with industry trends and update inventory as needed
  • Negotiate vendor contracts in order to maximize profit

Inventory Specialist Job Description Examples:

×

Inventory Specialist

Edsal Manufacturing

  • is an industry leader in the manufacture and sale of steel shelving and other storage products. You can see our products at just about any major retailer. We are privately held, profitable and steadily growing. We have more than 1,000 employees worldwide and revenue of over $300MM.

    Position:

  • Inventory Specialist

    Reports To:

  • Cost Accounting Manager

    Location:

  • Gary

    Position Summary:

    The Inventory Specialist is responsible for monitoring warehouse inventory, performing cycle counting duties and transaction audits to ensure that all materials are properly verified to be reflective of reported inventory. Duties also include miscellaneous storage/stockroom activities to maintain inventory accuracy through proper processing of material receipts, transfers, and issues.

    Responsibilities:

    Primary Duties

  • Cycle count raw materials, packaging materials, finished goods, and non-conforming materials on a daily basis per schedule.

  • Analyze variances between system and actual counts.

  • Work with PIC manager, warehouse personnel and production supervisors to improve inventory accuracy.

  • Utilize GP/Panatrack software to process cycle counts, review on-hand inventory, current activity, and past activity.

  • Ensure materials are in proper locations. Conducts searches in order to locate misclassified inventory.

  • Open cartons, bundles, and other containers to count items and/or weigh materials to determine quantity on hand. Weigh and mark product displaying remaining product left.

  • Report discrepancies of over/under amounts and any damaged products to supervision - publish weekly.

  • Communicate and develop process enhancements as needed (performs root cause analysis on inventory discrepancies and recommends process improvements to eliminate them)

    Additional Responsibilities:

  • Ensure all safety rules are strictly observed.

  • Maintain neat, clean and orderly warehouse appearance.

  • Ability to work extended hours/over-time as needed as well as some Saturdays

  • Adhere to all company policies and safety procedures and guidelines.

  • Conform to all quality and safety procedures.

  • Operate a forklift, pallet jack and other warehouse equipment

    Education, Experience and/or skills Required:

  • Associate degree in an appropriate discipline required.

  • Minimum of two years of related experience.

  • Knowledge of Microsoft Office

  • Knowledge of MRP systems a plus.

  • Organized thought process with high attention to detail with ability to produce accurate results, effective prioritization to meet scheduled deadlines, and strong analytical and problem-solving skills.

  • Strong written, verbal and interpersonal communication skills.

  • Proven time management skills with the ability to respond to time-critical issues and work overtime as needed to meet deadlines.

  • Excellent work ethic; ability to work self-directed and as a flexible team player.

  • Professional attitude and the ability to represent the company with integrity.

  • Ability to adapt to change in a dynamic and fast paced environment.

  • Required to read and write English, follow verbal instructions and use simple math.

    Physical Requirements/Working Conditions:

  • Regularly required to sit, stand, bend, reach, climb and move about the facility

  • Regularly operates a computer, computer accessories and phone equipment

  • Required to occasionally lift up to 50 lbs.

  • Occasionally stoops, kneels, reaches and carries

    Job Type: Full-time

    Salary: $20.00 /hour

    Experience:

  • Microsoft Office: 2 years (Preferred)

  • inventory control: 2 years (Required)

  • MRP Systems: 2 years (Preferred)

    Education:

  • Associate (Required)

    Language:

  • English (Required)

    Work authorization:

  • United States (Required)

    Work Location:

  • One location

    Pay frequency:

  • Every Monday to Friday
  • ×

    Inventory Specialist

    Servpro® of Montgomery & Prattville –Fire Damage Specialist and Warehouse Inventory Specialist

    Do you love helping people through difficult situations?

    Then, don’t miss your chance to join our Franchise as a new Fire Damage Specialist and Warehouse Inventory Specialist. In this position, you will be making a difference each and every day. We have a sincere drive toward the goal of helping make fire and water damage “Like it never even happened”!

    Servpro of Montgomery & Prattville is seeking someone who is comfortable working hard in challenging situations , has excellent communication skills, enjoys supervising others, and is a serious multi-tasker. If you are self-motivated, highly dependable, then you’ll thrive in this work environment.

    As a valued Servpro of Montgomery & Prattville employee, you will receive a competitive pay rate with promotional opportunities.

    Primary Role:

    Support production personnel and management.

    Manage and control all Servpro warehouse related activities.

    Follow and enforce all safety procedures on the facility and/or jobsite.

    Resolve problems quickly as they arise.

    Perform all assigned duties to ensure customer needs are met.

    Respond to service calls when needed.

    Primary Responsibilities

    Plan and organize materials and items in the warehouse.

    Order, receive and handle materials into the warehouse.

    Handle and execute shipping operations.

    Create, plan and implement accurate inventory controls.

    Maintain inventory levels on required products and supplies.

    Clean, maintain and/or repair assets for use in the warehouse and for use at job sites.

  • Create and maintain maintenance records and/or checklists for all vehicles, equipment and warehouse items as required by manufacturer’s guidelines and/or any applicable federal, state or local regulations.

    Manage assets by protecting and using equipment and materials properly.

    Perform daily, weekly, and monthly vehicle maintenance checklists and equipment maintenance checklists as assigned.

    Ensure all items leaving the warehouse are clean, disinfected and serviceable.

    Ensure vehicles and equipment are in excellent operating condition and maintain a professional appearance.

    Report any non-operational equipment/items to the operations manager.

    Repair or schedule repair for any damaged equipment/items noted during inspections or reported to you

    Tag and remove any equipment/items that create a safety hazard and report it immediately to the operations manager.

    Position Requirements

    Effective written and oral communication

    Basic math skills

    Experience in cleaning/restoration preferred but not required

    High school diploma/GED required

    Iicrc certifications preferred but not required

    Ability to lift a minimum of 50 pounds regularly, occasionally up to 100 pounds with assistance

    Ability to sit/stand/walk for prolonged periods of time

    Ability to repetitively push/pull/lift/carry objects

    Ability to work with/around cleaning products/chemicals

    Ability to successfully complete a background check subject to applicable law

    -------------------------------------------------------------------------------------------------------------------------------

    Pay Rate

    Starts at $12 hour, with possibility of overtime pay and increases based on Type: $12.00 /hour

  • ×

    Inventory Specialist

    Nationally based audit company is seeking local individuals to staff technology-based inventory team for a Fortune 1000 based company with local business units. Excellent opportunity for ambitious college students and seasoned professionals who live locally to the Little Rock area.

    Job Responsibilities

  • Document quantity and type of equipment for multiple locations

  • Identify accurate physical count for equipment daily

  • Complete daily assignments efficiently within allocated time

  • Report directly to management team

  • Adhere to all company policies, procedures and safety protocols

    Minimum Job Requirements

  • HS Diploma or GED / College or Vocational School a plus

  • Must have or have regular access to a smart phone w/ unlimited data and 8mp or higher camera

  • Must be able to lift, pull or push 25+ lbs

  • Must be able and prepared to stand and/or walk extensively

  • Must have good eyesight or wear corrective lenses

    Ideal Candidate

  • Professional in appearance and demeanor

  • Self-starter / Works efficiently with little or no supervision

  • Strong analytical skills

  • Previous experience in accounting, inventory management, and physical inventory management verification

    Job Type: Full-time

    Salary: $12.00 to $16.00 /hour

    Experience:

  • relevant: 1 year (Preferred)

    Education:

  • High school or equivalent (Required)

    Location:

  • Little Rock, AR 72201 (Required)

    Language:

  • English (Required)

    Work authorization:

  • United States (Required)

    Shifts:

  • Morning (Required)

  • Mid-Day (Required)

    Working Days:

  • Monday (Required)

  • Tuesday (Required)

  • Wednesday (Required)

  • Thursday (Required)

  • Friday (Required)

    Benefits:

  • None

    Pay frequency:

  • Every other week

    Paid Training:

  • Yes

    Management:

  • Team Lead

    Shifts announced:

  • N/A - fixed schedules

    Employees working per shift:

  • 5 or fewer

    Advancement Opportunities:

  • Possible advancement available for select employees who show exemplary work aptitude.

    Typical start time:

  • 8AM

    Typical end time:

  • 5PM

    This Job Is Ideal for Someone Who Is:

  • Dependable -- more reliable than spontaneous

  • Detail-oriented -- would rather focus on the details of work than the bigger picture

  • Autonomous/Independent -- enjoys working with little direction

    This Company Describes Its Culture as:

  • Detail-oriented -- quality and precision-focused

  • Innovative -- innovative and risk-taking

  • Outcome-oriented -- results-focused with strong performance culture

    This Job Is:

  • Open to applicants who do not have a college diploma

    Schedule:

  • Monday to Friday

  • 8 hour shift

    Company's website:

  • [website]

    Benefit Conditions:

  • Waiting period may No
  • What does an Inventory Specialist do?

    Inventory Specialists usually work for department or retail stores, developing procedures to effectively manage and maintain a company’s inventory. They’ll make sure a company’s shipment is accurate by conducting inventory counting processes. Inventory Specialists also oversee and manage the inventory storage space in the warehouse to ensure there’s enough room to store new product shipments. 

    When inventories start to run low, the Inventory Specialist will place restock orders and make sure they never run out of essential inventory items. They also use management software systems and technologies to manage and update their inventory records accordingly.

     

    Inventory Specialist skills and qualifications

    Inventory Specialists will typically have certain prerequisite skills or qualifications, which include:

    • Good organizational skills are necessary for Inventory Specialists to take charge of organizing inventory and improving the efficiency of the selection and shipping process.
    • The ability to manage multiple projects at one time in an efficient and timely manner is important in this position.
    • Good written and verbal communication skills are crucial for negotiating contracts, interviewing new vendors, educating warehouse employees and developing new inventory processes. 
    • Inventory Specialists need problem-solving skills to come up with ways to improve overall efficiency and overcome inventory problems.

     

    Inventory Specialist salary expectations

    An Inventory Specialist makes an average of $14.66 per hour. Pay rate may depend on level of experience, education and the geographical location. 

     

    Inventory Specialist education and training requirements

    A minimum of a high school diploma is often required to work as an Inventory Specialist. Some candidates will also have an associate or bachelor’s degree in logistics or inventory management. Students can begin training in their educational program or with an entry-level position working in inventory. Some students will also receive additional training while working toward a certification.

     

    Inventory Specialist experience requirements

    Inventory Specialists will often have previous experience in a warehouse or inventory role. Candidates may come from a background as an Inventory Stocker or Selector. Some Inventory Specialists may also begin their career as an Inventory Clerk or Inventory Associate. Then, they will work their way up toward an Inventory Specialist role. It is also possible for Inventory Specialists to move between industries.

     

    Job description samples for similar positions

    If you are looking to hire for a similar role, but not an Inventory Specialist, then you might find one of these related job description samples to be useful:

     

    Frequently asked questions about Inventory Specialists

     

    Do Inventory Specialists have different responsibilities in different industries?

    Yes, most Inventory Specialists hold similar responsibilities of taking stock and inventory of items. Those that work in larger department stores and retail settings often spend a majority of their time in the warehouse overseeing the employees stocking the products. They also make sure the right products move from the warehouse to the sales floor. 

    Some Inventory Specialists may work in a corporate office setting, taking inventory of items that the organization’s employees need for regular use. They work with different departments to learn what items are needed and communicate with vendors to negotiate the best prices to purchase these supplies for the company. 

     

    Who reports to Inventory Specialists?

    The employees who report to Inventory Specialists are typically Warehouse Workers. Inventory Specialists monitor the Warehouse Workers’ performance and efficiency levels and provide valuable feedback to ensure they’re operating effectively. 

    Inventory Specialists are also in charge of building the Warehouse Workers’ schedules and delegate tasks according to the skills and interests of their employees. If the Warehouse Workers come across any challenging workplace situations, the Inventory Specialist works to resolve them and find a logical solution.

     

    What makes a good Inventory Specialist?

    A good Inventory Specialist is proficient at mathematics and is great at using numbers to measure inventory levels. They should understand how to compare various shipment costs to account for the company’s budget. Since they’re regularly building inventory strategies and processes, Inventory Specialists should have great organizational skills to effectively sort through inventory tasks and stay updated on inventory levels. 

    Inventory Specialists are also regularly on their feet moving throughout the warehouse and providing assistance to Stockers and other Warehouse Workers as they move products from one area to the other. They should have physical stamina to accomplish this. 

     

    Who does an Inventory Specialist report to?

    The person the Inventory Specialist reports to typically depends on the size of the company they work in. Those who work in larger warehouses may serve on a team of other Inventory Specialists who all report to an Inventory Manager or Senior Inventory Specialist. 

    Other Inventory Specialists who work for smaller companies may report directly to the Store Manager or owner of the store. They provide regular store updates and inventory requirements for the Inventory Specialist to use accordingly.

    Job Description Examples

    Need help writing a job description for a specific role? Use these job description examples to create your next great job posting. Or if you’re ready to hire, post your job on Indeed.

    No search results found

      *Indeed provides this information as a courtesy to users of this site. Please note that we are not your career or legal advisor, and none of the information provided herein guarantees a job offer.