INVENTORY CONTROL ANALYST
Duties and Responsibilities
- Monitor and analyze inventory levels, stock movement, and product availability.
- Maintain accurate inventory records and ensure consistency between physical stocks and system records.
- Prepare regular inventory reports, including stock levels, inventory aging, stock movement, and variances.
- Analyze inventory trends and identify slow-moving, fast-moving, obsolete, and excess stocks.
- Conduct regular inventory reconciliation and investigate discrepancies.
- Coordinate with the Warehouse, Purchasing, Finance, and Operations departments regarding inventory concerns.
- Monitor stock replenishment requirements and provide recommendations to maintain optimal inventory levels.
- Assist in conducting physical inventory counts and cycle counting activities.
- Identify potential inventory risks, including stock shortages, overstocking, damages, and losses.
- Develop and recommend improvements to inventory monitoring and control procedures.
- Ensure proper documentation of inventory transactions, transfers, adjustments, and returns.
- Perform other related duties as may be assigned by the immediate superior.
Qualifications/Requirements: Qualifications:
- Bachelor's Degree in Business Administration, Supply Chain Management, Industrial Engineering, Accountancy, or any related field.
- With at least 1–2 years of experience in inventory management, inventory analysis, or supply chain operations is an advantage.
- Proficient in Microsoft Excel, particularly in data analysis, formulas, and reporting.
- Knowledgeable in inventory management systems, ERP, or warehouse management systems.
- Strong analytical, numerical, and problem-solving skills.
- Keen attention to detail and accuracy in handling inventory data.
- Good communication and coordination skills.
- Ability to analyze large amounts of data and prepare accurate reports.