Inventory Coordinator

Job Description

SUMMARY

Seeking a highly organized and detail-oriented Inventory Coordinator to join our growing team. This role plays a critical part in maintaining healthy inventory levels across our supply chain and ensuring the smooth flow of goods from vendors to customers. The ideal candidate will have hands-on experience in inventory management, a strong understanding of supply chain operations, and the motivation to grow within a fast-paced CPG environment. Reporting directly to the Supply Chain team, this individual will collaborate closely with cross-functional departments to monitor, manage, and optimize both finished goods and component inventories.

Responsibilities

• Maintain the overall health and accuracy of company inventory.
• Manage inventory for both finished goods and components.
• Issue purchase orders to vendors for finished goods and components to sustain target in-stock rates.
• Follow up with vendors to ensure timely delivery of orders.
• Collaborate with internal teams to understand changing inventory demands and recommend adjustments to forecasts and planning.
• Reconcile and research inventory discrepancies, making adjustments as necessary.
• Perform regular inventory and cycle counts to ensure accuracy and identify variances.
• Report on shrinkage, scrap, and other inventory-related losses, and take action to minimize them.
• Verify that received inventory meets specifications and includes all required documentation.
• Perform necessary inventory adjustments, transfers, and conversions in the system.
• Work cross-functionally to provide inventory status updates as needed.
• Assist in maintaining an accurate and up-to-date inventory forecast for the company.

Qualifications