What are the responsibilities and job description for the Inventory Control Manager position at Triad Technologies, LLC?
Company Description
Triad Technologies is a trusted distributor of fluid power and automation products, offering services such as hose assembly, component repair, and installation.
Role Description
The Inventory Control Manager is responsible for overseeing and maintaining accurate inventory levels, optimizing stock management processes, and ensuring operational efficiency. This role involves coordinating with purchasing, warehouse, and sales teams to align inventory with demand while minimizing excess and obsolete stock. The Inventory Control Manager will also drive continuous improvement initiatives to enhance inventory accuracy, reduce costs, and improve workflow efficiency. This is a full-time position, M – F, 8:00 am – 5:00 pm, with a 10% expectation of domestic travel.
Essential Duties and Responsibilities
The essential duties and responsibilities of this position include the following (other duties may be assigned):
- Maintain accurate inventory records through systematic cycle counts, audits, and reconciliation.
- Investigate and resolve inventory discrepancies in collaboration with the warehouse and purchasing teams.
- Ensure stock levels align with operational needs while minimizing overstock and stockouts.
- Implement and enforce inventory control policies and best practices.
- Collaborate with purchasing and sales teams to forecast demand and adjust inventory accordingly.
- Work closely with warehouse staff to optimize storage solutions and material handling.
- Monitor vendor performance related to lead times and product availability.
- Identify inefficiencies in inventory management and recommend improvements.
- Ensure effective use of ERP/WMS systems to streamline inventory tracking and reporting.
- Develop and implement standard operating procedures (SOPs) for inventory management.
- Prepare and present inventory performance reports to leadership.
- Monitor and report on slow-moving or obsolete stock, recommending action plans.
- Ensure inventory management processes align with company policies and regulatory requirements.
- Promote a safe and organized work environment in warehouse operations.
- Analyze and manage inventory trends, accuracy percentage, turnover rate, reduction in stock discrepancies, on-time cycle count completion, and inventory shrinkage percentage.
Qualifications
- Bachelor’s degree in supply chain management, logistics, business administration, or a related field (preferred).
- Minimum 5 years of experience in inventory control, supply chain, or warehouse management in a distribution environment.
- Proficiency in ERP/WMS systems (e.g., SAP, NetSuite, Epicor).
- Strong analytical and problem-solving skills. Detail-oriented with a focus on continuous improvement.
- Ability to work cross-functionally and effectively communicate with various departments.