Senior Inventory Control Specialist

Purpose

As a key member of the department, the Senior Inventory Control Specialist will play a crucial role in establishing and maintaining optimal supply par levels based on manufacturing forecasts and play a crucial role in shaping and optimizing inventory control. The position will be responsible for daily ordering, tracking and communication with internal key stakeholders, ensuring a streamlined inflow of supplies and contributing to the growth and success of the organization.  

Responsibilities: 

• Work closely with procurement, warehouse, production and distribution teams to improve inventory accuracy and streamline processes
• Help receive orders and check against stock and inventory records. (Delivery Dashboard and working with Buyer)
• Help Buyer plan and forecast ordering of inventory items such as stock, equipment, and parts
• Monitoring inventory levels and planning delivery schedules
• Assess inventory output on a daily, weekly, or monthly basis to identify trends in productivity
• Establish cycle counts of Direct/Indirect inventory items on a regular basis. (Inventory Days)
• Maintain and enforce Standard Operating Procedures (SOPs) related to inventory control
• Investigate and correct discrepancies in reported quantities and locations of all inventory items
• Monitoring supplier performance and analyzing discrepancies. (Delivery Dashboard)
• Monitor inventory transactions, including receipts, transfers, adjustments, and returns, ensuring compliance with company policies
• Identify potential risks in the supply chain and assist in development of strategies to mitigate them
• Analyze inventory trends and provide reports on stock levels, usage, and potential risks
• Work closely with cross-functional teams, including manufacturing, R&D, distribution, sales, QA, and regulatory affairs
• Serve as key team member on software implementations related to supply chain and support Inventory Program Manager (NetSuite)
• Maintain a working knowledge of FDA 21 CFR 1271, FDA 21 CFR 820, AATB standards, ISO Standards, cGMP/CGTP, other relevant regulations/standards, and internal organizational policies and standard operating procedures
• Maintain acceptable attendance and punctuality for scheduled work hours and meetings. Ensure completion of assigned tasks and responsibilities within defined timeframes
• Flexibility to work outside of normal business hours during weekdays or weekends with reasonable advance notice to support business/operational needs when necessary
• Perform other duties as assigned

Skills & Abilities:

• Proven ability to develop and implement basic inventory management system with par levels
• Proven ability to navigate ambiguity, adapt quickly to change, and drive results in a dynamic setting
• Strong organizational skills and the ability to build and manage relationships with agile and responsive key stakeholders
• Excellent analytical, problem-solving, and decision-making abilities
• Experience in inventory management
• Ability to secure and maintain a favorable background investigation and clearance
   

Education & Experience:

• Bachelor’s degree in business administration, Supply Chain Management, Procurement or a related field preferred.
• Minimum 2 years’ experience as an analyst or inventory management (preferably both) in a manufacturing industry preferred.
• Valid Class “C” driver’s license