Inventory Specialist

Inventory Specialist 

Leeds Hybrid - 3 days per week in the office 

As we continue to grow, we are excited to add an Inventory Specialist to our EMEA team.

OVERVIEW:

The Inventory Specialist is a crucial member of the operations team and is responsible for efficiently managing stock levels, organizing storage spaces, and monitoring inventory movements within a company or organization. This role requires a keen eye for detail, strong organizational skills, and the ability to work collaboratively with various departments to ensure smooth stock operations.

 Here are some of the EXCITING things you’ll get to do (RESPONSIBILITIES):

• Inventory Management:
• Monitor unsaleable inventory, applying KPI’s and measures to prevent availability issues.
• Track and monitor inventory movement, providing reports on non-compliance
• Carry out regular stock audits and stock counts
• Identify slow-moving or obsolete items and work with relevant teams to address them.
• Monitor and track damages, ensuring liability coding is applied.
• Ensure adherence to inventory rotation, FIFO/FEFO
• Prevention of inventory shrinkage, monitoring of KPI’s
• Maintenance of inventory hygiene, redundant stock, part pallet reconciliation
• Receiving and dispatch
• Oversee the receiving process, checking deliveries against purchase orders and ensuring the accuracy and quality of incoming items.
• Oversee the dispatch process including reconciliation of returns and refusals.
• Ensure receipt queries are completed in a timely fashion and PO’s are closed within agreed KPI
• Data Management: 
• Maintain alignment between 3PL WMS and Oracle systems, adherence to core metrics and KPI’s
• Reconciliation and alignment of sub inventory’s
• Maintain DOMO inventory reports
• Communication and reporting
• Collaborate with various departments, such as purchasing, logistics, and sales, to coordinate stock movements based on demand and supply.
• Communicate with team members and other stakeholders regarding stock-related updates and issues.
• Generate weekly and monthly reports on inventory levels, movement, and discrepancies.

• Quality
• The point of contact for all quality related issues, responsible for ensuring inventory is placed on hold and communicated to all stakeholders and then released to available stock
• Work with Supply planning to ensure held inventory is identifiable and communicated
• Collaborate with the NPD, rework co-ordinator, 3PL Contract manager and reverse logistics manager supporting inspection of quality related issues
• Investigate and report any stock discrepancies or losses to management.
• Continuous Improvement:
• Identify areas for improvement in stock management processes and suggest solutions.
• Assist in the implementation of new inventory management technologies or techniques.
• Analyse data to identify trends and propose improvements to stock management processes.

ATTRIBUTES & SKILLS (REQUIREMENTS):

• High school diploma or equivalent; additional education or certifications in inventory management, supply chain, or logistics is a plus.
• Proven experience in stock control, inventory management, or related fields.
• Proficient in using inventory management software, WMS and Oracle/SAP and MS Office applications.
• Strong analytical and problem-solving skills.
• Excellent organizational abilities and attention to detail.
• Effective communication and interpersonal skills for working with cross-functional teams.
• Ability to work in a fast-paced environment and adapt to changing priorities.
• Physical capability to lift and move heavy items if required.

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