Inventory Controller
21 hours ago
**Job Title**: Inventory Controller
**Urgently Need For more Information Contact This Number (+971 50 754 0259)**
**Job Overview**:An Inventory Controller is responsible for managing and maintaining an organization's inventory levels efficiently. Their primary objective is to ensure that inventory is accurately recorded, controlled, and optimized to meet operational demands and financial goals.
**Key Responsibilities**:
**Inventory Management**:Monitor and maintain accurate records of inventory levels, including stock counts, item descriptions, and locations.
Implement and maintain inventory control procedures, such as cycle counting, to minimize discrepancies and ensure accuracy.
**Inventory Planning and Forecasting**:Collaborate with other departments, such as procurement, sales, and production, to forecast demand and plan for optimal inventory levels.
Use historical data and market trends to make informed inventory planning decisions.
**Stock Replenishment**:Determine reorder points and order quantities for items to ensure product availability without overstocking.
Coordinate with suppliers and vendors to place orders and monitor delivery schedules.
**Inventory Analysis**:Analyze inventory turnover rates, slow-moving or obsolete items, and excess stock.
Identify and recommend actions to reduce carrying costs and improve inventory turnover.
**Quality Control**:Inspect incoming inventory for accuracy and quality.
Implement quality control procedures to identify and address any product defects or discrepancies.
**Inventory Reporting**:Generate and present regular reports on inventory status, including key performance indicators (KPIs) and trends.
Provide insights and recommendations to management for inventory optimization.
**Cost Management**:Monitor and control inventory carrying costs, including storage, insurance, and depreciation.
Assist in negotiating favorable terms with suppliers and vendors to optimize costs.
**Compliance and Documentation**:Ensure compliance with company policies and relevant regulations regarding inventory management.
Maintain accurate records, including purchase orders, invoices, and inventory adjustments.
**Technology Utilization**:Utilize inventory management software and technology to streamline processes and improve accuracy.
Stay updated on advancements in inventory management systems.
**Communication and Collaboration**:Collaborate with cross-functional teams to align inventory strategies with sales, production, and financial goals.
Communicate with team members and management to address any inventory-related issues.
**Qualifications**:
- Bachelor's degree in business, supply chain management, or a related field is often preferred.
- Proven experience in inventory management or a related role.
- Proficiency in using inventory management software and Microsoft Excel.
- Strong analytical and problem-solving skills.
- Attention to detail and a high level of accuracy.
- Excellent communication and interpersonal skills.
- Ability to work well in a team and collaborate with various departments.
- Knowledge of inventory control best practices and industry trends.
**Urgently Need For more Information Contact This Number (+971 50 754 0259)**
Pay: From AED2,000.00 per month
Ability to commute/relocate:
- Sharjah: Reliably commute or planning to relocate before starting work (required)
Application Deadline: 30/11/2024
Expected Start Date: 30/11/2024
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