Job Description

The Inventory Control Analyst is responsible for the processing, monitoring, and analyzing; and giving accurate reporting of an organization’s inventory level with a focus on minimizing costs, while maintaining product availability at the right amount and supply needed.

PRIMARY RESPONSIBILITIES

• Ensures adequate inventory levels are maintained to maximize customer satisfaction and minimize cost
• Analyzes historical demand, recent trends, and future growth opportunities to calculate the required inventory
• Collects forecast from the sales organization and incorporates into purchasing schedule
• Reviews inventory quantities regularly to identify trends, minimize loss from product expiration
• Creates/Releases Purchase Orders based on suppliers schedule
• Collaborates with the Director of Technical and Regulatory Affairs to ensure imported product clears through Customs and FDA in an appropriate time
• Manages relationships and negotiates with suppliers, freight forwarding and other transport service providers
• Reviews and approves supplier and freight invoices
• Completes necessary inventory transactions: stock adjustments, inventory counts, write-offs, etc.
• Root cause analysis of inventory discrepancies.
• Coordinate movement of products between various sites.
• Evaluate inventory transactions for multiple warehouse as needed to ensure accuracy and validity.
• Develops and manages a stock return process for assets located around the country
• Creates and administers an audit of assets for the organization
• SME (subject matter expert) relating to inventory transactions in Sage

Other/Additional Responsibilities

• Provide supply chain updates to the organization on a regular basis
• Identify and introduce best practices for supply chain and logistics management within the organization
• Identifies and issues critical KPIs to measure success and identify areas of improvement

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