Position Overview: The Inventory Associate will play a pivotal role in ensuring efficient inventory management processes, maintaining accurate records, and supporting the production team. This individual will work closely with various departments to ensure that inventory levels are maintained at optimal levels and align with production schedules.

Inventory Management:

• Monitor inventory levels and ensure accurate stock counts of raw materials, finished goods, and supplies.
• Coordinate with suppliers to ensure timely delivery of materials and manage inventory reorder points.
• Conduct regular cycle counts and reconcile discrepancies between physical counts and system records.

Data Entry & Record Keeping:

• Maintain accurate inventory records using the company’s inventory management software.
• Update inventory databases regularly to reflect real-time stock levels, incoming shipments, and outgoing orders.
• Generate reports on inventory levels, consumption rates, and turnover metrics.

Collaboration & Communication:

• Collaborate with the procurement team to forecast inventory needs based on production schedules and sales forecasts.
• Liaise with the production team to prioritize materials based on production demands and timelines.
• Communicate effectively with cross-functional teams to ensure seamless coordination and timely resolution of inventory-related issues.

Process Improvement:

• Identify opportunities for process improvements in inventory management, storage practices, and order fulfilment.
• Recommend strategies to optimize inventory turnover, reduce carrying costs, and minimize stockouts.