Inventory Specialist

The Inventory Specialist focuses on managing the flow and storage of steel materials within a warehouse or manufacturing environment. Key responsibilities include maintaining accurate inventory records, tracking material movement, performing cycle counts, and resolving discrepancies. They also play a role in receiving, storing, and distributing materials, as well as assisting with physical inventory.

ROLE AND RESPONSIBILITIES

• Maintaining Accurate Inventory Records:
  Tracking and documenting material receipts, transfers, and consumption.
  
  Perform physical counts (cycle counts), reconciling discrepancies, and updating inventory.
• Tracking Material Movement:
  Monitoring the movement of steel materials within the facility, ensuring proper storage and handling.
• Resolving Inventory Discrepancies:
  Investigating and resolving any differences between physical inventory counts and system records, potentially involving research and adjustments.
• Receiving and Storing Materials:
  Receiving, unloading, inspecting, and properly storing incoming steel materials, verifying accuracy, and documenting everything properly.
• Optimizing Warehouse/Storage:
  Organizing steel storage areas, ensuring efficient material flow, and adhering to safety protocols.
• Assisting with Physical Inventories:
  Participating in the annual or periodic physical inventory process, including counting, reconciling, and investigating any discrepancies.
• Assisting with Returns and Scrap Management:
  Identifying and preparing materials for return to suppliers or managing scrap materials, potentially coordinating with purchasing or operations.
• Reporting:
  Preparing reports on inventory levels, movement, and discrepancies to inform management and support decision-making.
• Collaboration:
  
  Working closely with various internal departments (purchasing, production, sales, logistics, etc.) and potentially external vendors or suppliers to ensure material availability and efficient material flow.
• Adhering to Regulations:
  Ensuring compliance with industry standards, regulations, and company policies, especially concerning safety.

Skills and Qualifications

• Inventory Management Software:
  Familiarity with inventory management systems, such as ERP systems.
• Data Entry and Accuracy:
  Strong attention to detail and the ability to accurately enter and manage data.
• Problem-Solving:
  Identify, address, and resolve issues such as inventory discrepancies, system errors, or delivery delays.
• Communication
  
  Skills:
  
  Effective communication skills to collaborate with other departments and personnel.
• Inventory Management Expertise:
  Proficiency in inventory software (e.g., IFS, ERP systems), understanding inventory control principles, and familiarity with techniques like Just-In-Time (JIT) inventory.
• Organizational & Time Management
  
  Skills:
  
  Essential for prioritizing tasks, managing multiple projects, and maintaining a well-organized storage area.

PHYSICAL REQUIREMENTS

• Physical Stamina:
  Lifting heavy materials (often up to 50 pounds) and spending long periods standing or operating machinery.

• Must be able to lift and maneuver 50 lbs. without physical restrictions.
• Must wear appropriate PPE at all times such as safety glasses, welding helmets, hearing protection, gloves and safety toe boots.
• Able to work in hot and cold environments during summer and winter months.

MINIMUM REQUIREMENTS

• Education:
  
  High school diploma or equivalent is required.
• Relevant
  
  Experience:
  
  5+ years in inventory and / or warehousing.
• Computer
  
  Skills:
  
  Proficiency in Microsoft Office applications (especially Excel) and inventory management systems.

• Able to work overtime if needed.
• MUST be dependable and provide references and good work history.

Please note this job description is not designed to cover and contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.