Inventory & Cost Controller

The Inventory & Cost Controller plays a crucial role in managing and overseeing the inventory levels and cost management processes within the organization. This position is essential for ensuring that the company maintains optimal inventory levels while minimizing costs and maximizing profitability. The Inventory & Cost Controller will work closely with various departments to analyze inventory data, forecast demand, and implement effective inventory management strategies. This role requires a detail-oriented individual with strong analytical skills and a solid understanding of inventory control principles.

Responsibilities:

1. Monitor and manage inventory levels to ensure optimal stock availability.
2. Conduct regular inventory audits to ensure accuracy and compliance with company policies.
3. Analyze inventory data to identify trends and forecast future inventory needs.
4. Collaborate with procurement and sales teams to align inventory levels with demand.
5. Implement cost control measures to reduce waste and improve profitability.
6. Prepare and present inventory reports to management, highlighting key metrics and insights.
7. Develop and maintain inventory management systems and processes.
8. Train and mentor staff on inventory management best practices.
9. Coordinate with suppliers to ensure the timely delivery of inventory.
10. Assist in budgeting and financial forecasting related to inventory costs.

Preferred Candidate:

1. Strong analytical and problem-solving skills.
2. Excellent attention to detail and accuracy.
3. Proficient in inventory management software and tools.
4. Ability to work collaboratively in a team environment.
5. Strong communication and interpersonal skills.
6. Experience in cost analysis and financial reporting.
7. Ability to adapt to changing priorities and work under pressure.
8. Knowledge of supply chain management principles.
9. Proven track record of improving inventory processes.
10. Strong organizational and time management skills.