Inventory Controller

The Inventory Controller is responsible for overseeing and managing all aspects of inventory within the company, ensuring accurate and timely records, optimizing stock levels, and minimizing inventory-related costs. This role requires strong analytical and problem-solving skills, as well as the ability to work independently and collaboratively within a fast-paced environment.

• Inventory Management:
• Maintain accurate inventory records across all locations, including raw materials, internal assemblies, and consumables.
• Conduct regular cycle counts and physical inventories to ensure accuracy and identify discrepancies.
• Develops employee awareness and competencies relating to cycle counting, inventory control and contingency planning.
• Investigate and resolve inventory discrepancies, including shortages, overages, and damages.
• Implement and maintain inventory control procedures and best practices to minimize losses and improve efficiency.
• Analyze inventory levels and trends to identify areas for improvement and optimize stock levels.
• Develop and implement inventory forecasting and planning strategies to meet demand and minimize stockouts.
• Order Fulfillment:
• Coordinate with the procurement department as needed to ensure timely and accurate order fulfillment.
• Monitor inventory levels to ensure sufficient stock to meet customer demand and production schedules.
• Collaborate with production and sales teams to ensure smooth inventory flow and timely delivery.
• Data Analysis and Reporting:
• Generate and analyze inventory reports.
• Prepare and present reports to management on inventory performance and key metrics.
• Identify and analyze trends and patterns in inventory data to inform decision-making.
• System Maintenance:
• Maintain and update inventory management systems with accurate and timely data.
• Troubleshoot and resolve system issues related to inventory management.
• Assist in the implementation and integration of new inventory management technologies.
• Continuous Improvement:
• Continuously evaluate and propose potential improvements to inventory control processes and procedures.
• Identify and implement cost-saving measures related to inventory management.
• Stay abreast of industry best practices and emerging technologies in inventory management.

Education and/or Work Experience Requirements:

• Bachelor's degree or equivalent experience in Supply Chain Management, Logistics, Business Administration, or a related field preferred.
• 5 years of experience in inventory control or a related field.

Qualification Requirements:

• Strong analytical and problem-solving skills
• Excellent data analysis and reporting skills
• Proficiency in Microsoft Excel and other inventory management software
• Strong communication and interpersonal skills
• Detail-oriented and organized
• Ability to work independently and as part of a team
• Experience with ERP and/or WMS systems preferred

Physical Requirements:

• Sitting for extended periods, utilizes close visual acuity for working with computers, etc.
• Works under general office environmental conditions
• Frequently required to stand, walk, use hands to grasp, carry, feel or touch; reach with hands and arms; talk and hear
• This position is a hybrid position, which requires regular on-site visits, up to 2-3 times per week
• Must reside within a reasonable distance, within a 1 hour radius via car, of Cook Medical in Bloomington, Indiana