Company and Position Summary
The Inventory Controller is responsible for managing and optimizing inventory levels, ensuring that stock is maintained at appropriate levels to meet customer demand without incurring excess inventory costs. This role involves the development and implementation of inventory control systems, conducting regular stock audits, and ensuring accurate inventory reporting. The Inventory Controller plays a critical role in supporting the efficiency of the supply chain by coordinating with purchasing, warehouse, and production teams.
The role will report to Supply Chain Manager.
Job Responsibilities
Inventory Management:
- Ensure optimal stock levels to balance customer service levels with working capital efficiency.
- Identify slow-moving, obsolete, and excess (SLOB) inventory and coordinate disposition plans.
- Maintain system accuracy for stock counts, adjustments, and reconciliations.
Supply Planning:
- Develop and monitor supply plans aligned with production capacity, supplier lead times, and demand signals.
- Manage material requirements planning (MRP) and safety stock levels to mitigate risks of shortages or overstock.
- Support procurement in vendor performance monitoring, lead time adherence, and order optimization.
Analytical & Detail-Oriented:
- Strong quantitative skills; ability to manipulate large datasets and derive actionable insights.
- High accuracy in reporting, reconciliations, and inventory management.
- Skilled in root cause analysis and corrective/preventive action planning.
Communication & Presentation:
- Strong written and verbal communication skills; able to simplify complex data for diverse audiences.
- Confident in delivering presentations to executives and cross-functional stakeholders.
- Ability to influence decision-making through storytelling supported by data.
Qualifications
- Bachelor's degree in Engineering, Supply Chain Management, Business Administration, or a related field.
- 3-5 years of experience in inventory management, supply chain, or a related field.
- Advanced MS Excel (pivot tables, macros, power query) & PowerPoint for executive reporting.
- Proficiency in ERP/MRP systems (e.g., SAP, Oracle, Netsuite, or equivalent).
- Strong understanding of supply chain KPIs, statistical forecasting, and inventory control methodologies.
- At least with experience working in a manufacturing environment.
