Creative Financial Staffing
Inventory Operations Coordinator
Creative Financial Staffing, Delano, CA, United States
Inventory Operations Coordinator
The Inventory Operations Coordinator is responsible for maintaining optimal inventory levels by analyzing data, monitoring stock movements, forecasting demand, and ensuring efficient stock replenishment. The role involves working closely with supply chain teams, vendors, and other departments to align inventory management with business needs and objectives.
About the company and opportunity:
- Stable organization with growth potential due to company expanding
- A supportive and people-first company
- Comprehensive medical, dental, and vision coverage
- 401(k) plan offered
- Generous vacation time to support a healthy work-life balance
- High visibility to tenured leadership team
- Salary: $75,000 - $100,000
Key Responsibilities:
- Inventory Management:
- Monitor inventory levels across all locations
- Ensure stock availability
- Track inventory turnover rates and identify slow-moving or obsolete items.
- Establish safety stock levels
- Data Analysis & Reporting:
- Analyze historical sales trends, seasonal factors, and market conditions to forecast inventory requirements.
- Generate and distribute inventory reports to internal stakeholders.
- Identify trends in inventory data to improve stock management and efficiency.
- Utilize inventory management software and ERP systems to maintain accurate data.
- Supply Chain Coordination:
- Collaborate with suppliers to ensure timely deliveries and manage lead times.
- Work with procurement staff to place orders, expedite deliveries, and negotiate terms when necessary.
- Demand Forecasting:
- Develop and maintain forecasting models to predict future inventory needs.
- Work with sales and marketing teams to account for promotions, new product launches, or discontinuations in demand forecasts.
- Continuous Improvement:
- Analyze and suggest improvements to current inventory processes.
- Implement best practices to optimize inventory control procedures and reduce waste.
Preferred qualifications for the Inventory Analyst:
- 2+ years of experience in inventory management, supply chain, or data analysis.