What are the responsibilities and job description for the Inventory Manager position at American Spraytech, LLC?
Position Title: Inventory Manager
Company Scope:
American Spraytech is a rapidly-growing, turnkey innovator, formulator, and contract manufacturer of spray products for cosmetics, personal care, and over-the-counter drug brands, distributors, and retailers. Our customers range from Fortune 500 consumer goods companies to boutique salons and beauty start-ups. Our business is propelled by LOVE for our partners, people and products, as exemplified by our dedication to cutting-edge technology, customer service, and quality.
Benefits include:
· Medical, Dental and Vision Insurance
· Paid Vacation and Holidays
· 401K plan with employer match
· Employee Referral & Educational Assistance Programs
Key Responsibilities & Main Activities:
1. Inventory Control and Management
- Oversee daily inventory operations, including receiving, storing, issuing, transferring, and tracking stock.
- Monitor inventory movement and ensure accurate stock records in the inventory management system.
- Conduct regular physical inventory counts, cycle counts, and annual stock audits.
- Investigate and resolve inventory discrepancies, damages, losses, and variances.
- Establish and maintain inventory control procedures and standard operating procedures (SOPs).
2. Planning and Forecasting
- Coordinate with purchasing and planning teams to ensure timely replenishment of stock.
- Establish minimum and maximum stock levels, reorder points, and safety stock requirements.
- Identify slow-moving, obsolete, excess, and non-moving inventory.
3. Warehouse and Logistics Coordination
- Coordinate with warehouse personnel to ensure proper storage, labeling, organization, and handling of inventory.
- Ensure efficient receiving, picking, packing, and dispatching processes.
- Monitor stock transfers between warehouses, stores, or departments. Ensure compliance with inventory storage, safety, and handling procedures.
- Work with logistics teams to resolve delivery delays and inventory-related issues.
4. Reporting and Data Analysis
- Prepare daily, weekly, and monthly inventory reports.
- Track key performance indicators (KPIs)
5. Team Leadership and Collaboration
- Supervise, train, and evaluate inventory clerks, stock controllers, and warehouse staff, as applicable.
- Support continuous improvement initiatives to increase productivity and operational efficiency.
6. Systems, Compliance, and Cost Control
- Maintain accurate inventory information in ERP and Ensure inventory transactions are recorded accurately and on time.
- Collaborate with finance teams on inventory valuation and reconciliation.
- Ensure compliance with company policies, audit requirements, and applicable regulations.
- Identify opportunities to reduce waste, storage costs, stock losses, and inventory handling expenses.
Knowledge & Skills:
· Work closely with the planning team on putting together a schedule based on customer priorities
· Evaluating the asset allocation to execute the S&OP process as needed
· Knowledge of inventory and supply chain management
· Excellent written and verbal skills, critical and creative thinking, good analytical and problem-solving skills
· Excellent organization and efficient time-management skills
· Ability to meet deadlines and work well under pressure, requires the analytical ability to handle administrative duties
Qualifications:
- Bachelor’s degree (four-year college or technical school) or equivalent experience.
- 7-10 years of experience as inventory manager
Pay: $90,000.00 - $150,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Referral program
- Tuition reimbursement
- Vision insurance
Work Location: In person
Salary : $90,000 - $150,000