What are the responsibilities and job description for the Inventory Specialist position at Best Plumbing Specialties?
Best Plumbing Specialties, Inc. is seeking a dedicated and detail-oriented Inventory Specialist to optimize our stock levels and ensure efficient, cost-effective sourcing. This individual will focus on analyzing, adjusting, and maintaining inventory reorder points, lead times, and vendor relationships to reduce waste, shorten delivery times, and minimize costs. The Inventory Specialist will be a proactive team member, collaborating with purchasing, customer service, and the warehouse to streamline our supply chain.
Key Responsibilities
This role integrates strategic inventory oversight with dynamic vendor management, focusing on:
- Vendor Sourcing: Identifying reliable suppliers with competitive pricing and short lead times, ensuring timely shipments.
- PO Follow-Ups: Monitoring purchase orders to guarantee on-time delivery and finding alternative solutions for delays.
- Inventory Integrity: Eliminating duplicate part numbers, aligning stock with accurate data, and maintaining optimal inventory levels.
- Pricing Collaboration: Flagging and resolving discrepancies in product pricing, working closely with the pricing team.
- Cost Efficiency: Spearheading vendor-to-vendor transitions for cost savings while ensuring consistent quality.
- Forecasting and Trend Analysis: Monitoring seasonal and historical demand trends and adjust reorder points or vendor allocations accordingly. Source emergency stock and find immediate substitutes.
- Data Analysis & Reporting: Analyze reports utilizing Prophet 21 and Excel to prevent stockouts and backlogs.
- New Product Management: Assist in sourcing/updating new items in system, requesting samples, and handling initial vendor communication to ensure quality standards.
Qualifications
- Experience: Minimum 2 years in purchasing or inventory management, ideally with experience in plumbing or a related industry.
- Software Proficiency: Proficiency with Excel and inventory management systems (Prophet 21 preferred).
- High attention to detail. Strong analytical skills.
- Must be able to effectively communicate information and issues across departments.
- Must be adaptable and Comfortable with a fast-paced environment.
- Excellent task management and organizational skills.
What We Offer:
- Paid Vacation, Sick, and Holiday Leave
- Benefits including Employer sponsored Medical, Dental, Vision, Life Insurance
- 401k Plan
- Wellness program including employee step challenges, in-house gym, 5k sponsorships
- Educational Reimbursement
- Paid Parental Leave
- Other benefits such as Volunteer Time off, Birthday off with pay, and monthly lunches!
Best Plumbing Specialties is a business-to-business wholesale distributor of Maintenance, Repair, and Operations (MRO) products. We have been in business over 62 years as one of the largest independently owned specialty houses in the country, with sales in all 48 contiguous states. We market and sell our products to facility maintenance professionals, including building engineers, plumbers, maintenance mechanics, property managers, and purchasing agents.
Best Plumbing Specialties is an equal opportunity employer.
Job Type: Full-time
Pay: $20.00 - $24.00 per hour
Expected hours: 40 per week
Benefits:
- 401(k)
- Dental insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Parental leave
- Referral program
- Vision insurance
Schedule:
- Monday to Friday
Work Location: In person
Salary : $20 - $24