Job Description

JOB SUMMARY:
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Overall Summary of Function


This role is central to managing and optimizing our event rentals inventory through data-driven insights and effective team management and communication. The ideal candidate will work directly with the inventory team and collaboratively with the sales department to maintain accuracy, analyze trends, and support sales initiatives with relevant data. This role requires a blend of management, analytical skills, a keen understanding of inventory dynamics, and a sales-oriented approach. The Inventory Control Specialist is responsible for supervising and directing the activities of workers involved with ordering, receiving, storing, inventorying, issuing, and shipping materials, supplies, tools, equipment, and parts in the stockroom and the warehouse.

ESSENTIAL JOB FUNCTIONS:
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At Minimum Duties & Responsibilities

  

* Data Management:
* Ensures inventory software system is up-to-date
* Oversees and maintains the integrity of inventory data.
* Ensures accurate tracking of inventory movements and adjustments.
* Implements and manages systems for efficient data entry and validation.
* List Management and Accuracy:
* Achieves a minimum of 95% inventory record accuracy
* Maintains precise and up-to-date inventory lists.
* Regularly reviews and audits inventory records for accuracy.
* Identifies and corrects discrepancies in inventory records.
* Studies records and recommends remedial actions for reported non-usable, slow moving, and excess/obsolete stock
* Oversees introduction of new products
* Cyclical Inventory Management:
* Conducts regular cyclical inventory counts.
* Analyzes count results and identifies trends in inventory variances.
* Develops strategies to minimize discrepancies and improve count accuracy.
* Supervision of Inventory Team:
* Works closely with the inventory team to maintain overall inventory accuracy.
* Coordinates with warehouse and logistics staff to ensure smooth inventory flow.
* Maintains the constant and efficient flow of the inventory maintenance processes
* Provides training and support to team members on inventory processes.
* Advises employees on the care and preservation of items received, stored, and shipped; methods and use of equipment in handling, storing, maintaining, and shipping stock and related problems
* Sales-Oriented Support:
* Supplies the sales team with accurate inventory data to aid in client negotiations and sales strategies.
* Analyzes and reports on inventory usage trends to inform sales decisions.
* Assists in forecasting inventory needs based on sales trends and client demands.
* Manages control measures to ensure mistakes, inaccuracies and discrepancies are highlighted, addressed and resolved
* Maintains highest standard of customer service skills & exemplary compliance
* Analyst-Related Reporting:
* Develops and delivers comprehensive reports on inventory status, usage trends, and efficiency metrics.
* Analyzes data to identify patterns, predicts future inventory needs, and suggest improvements.
* Provides insights for better management of event rental inventory.
* Event Rentals Inventory Management:
* Oversees the inventory specific to specific events.
* Ensures availability and readiness of inventory for upcoming events.
* Collaborates with the sales team and coordinators to understand inventory needs.
* Talent Acquisition & Development
* Interviews, hires, trains, and appraises performance of inventory control employees

QUALIFICATIONS:
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At Minimum Training, Education & Experience

  

* Bachelor's degree in Business, Supply Chain Management, or a related field.
* Proven experience in inventory management, data analysis, or a related role.
* Strong proficiency in inventory management systems and MS Excel.
* Excellent analytical, problem-solving, and organizational skills.
* Ability to work collaboratively in a team environment.
* Strong communication skills, both written and verbal.

PHYSICAL REQUIREMENTS:
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Work Environment/ Physical Demands

  

* The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to ensure individuals with disabilities to perform the crucial functions. While performing the duties of this job, the employee is frequently required to sit, talk and hear
* The employee is required to stand, walk, and use hands to finger, handle, feel, reach with hands and arms, stoop, kneel, crouch, climb or crawl
* The employee may need to lift and/or move up to 75 lbs.
* Specific vision abilities required by this job include close vision
* The noise level in the work environment is usually moderate to heavy
* The temperature will vary from hot to cold depending on the weather