What are the responsibilities and job description for the Inventory Allocation Specialist position at Distribution?
Job Overview
We are seeking a detail-oriented and analytical Inventory Allocation Specialist to join our team. The ideal candidate will manage inventory levels, ensure accurate stock counts, and optimize inventory processes. This role requires a strong understanding of inventory management systems and data analysis skills to support effective decision-making within the organization.
Duties
- Monitor and maintain accurate inventory records.
- Maintain a balance between having enough stock to meet customer demand while minimizing excess inventory
- Conduct regular audits of stock levels to ensure accuracy and compliance with company standards.
- Utilize data analysis tools to generate reports on inventory trends and performance metrics.
- Collaborate with warehouse staff to streamline inventory processes and improve efficiency.
- Negotiate with suppliers to optimize purchasing agreements and manage stock replenishment.
- Perform data mining to identify patterns in inventory usage and forecast future needs.
Skills
- Proficiency in a high SKU environment.
- Strong analytical skills with experience in data visualization.
- Excellent negotiation skills to work effectively with suppliers.
- Familiarity with warehouse operations and best practices in inventory management.
- Knowledge of financial analysis techniques related to inventory costs and turnover rates.
- Ability to perform data analysis to support strategic decision-making.
- Experience with data mining techniques to enhance inventory accuracy.
Join our team as an Inventory Allocation Specialist, where your skills will contribute significantly to our operational success!
Salary : $60,000 - $80,000
