What are the responsibilities and job description for the Inventory Specialist position at Yates Industries Inc?
Job Title: Inventory Specialist
Department: Shop
FLSA Status: Non-Exempt
Position Overview:
The Inventory Specialist is responsible for managing and maintaining accurate inventory levels to support production, repair operations, and receiving inspection activities. This role ensures efficient tracking, storage, and movement of materials throughout the facility. The Inventory Specialist collaborates with production teams and management to optimize inventory processes, resolve inventory-related issues, and maintain organized inventory systems that support operational efficiency.
Essential Duties: (Additional duties may be assigned as required.)
- Manage inventory levels for new production, repair operations, and receiving inspection.
- Oversee and coordinate all incoming and outgoing inventory materials.
- Monitor stock levels and manage backorders to ensure timely availability of materials.
- Maintain accurate inventory records and ensure inventory systems are consistently updated.
- Ensure materials are accurately picked and delivered to the correct production locations.
- Monitor aging inventory and coordinate the rotation, reallocation, or disposal of obsolete materials.
- Optimize inventory storage and organization to maximize efficiency and space utilization.
- Collaborate with cross-functional teams to forecast inventory needs and identify potential shortages.
- Develop and implement solutions to improve inventory accuracy and operational efficiency.
- Assist in the development, implementation, and improvement of Standard Operating Procedures (SOPs) related to inventory management.
- Maintain 5S standards within the inventory and storage areas.
- Communicate inventory issues, discrepancies, or risks to plant management.
- Support other operational tasks and perform additional duties as assigned.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above, and below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Language Ability:
Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to draft routine reports and correspondence. Ability to speak effectively before groups of customers or employees of an organization.
Math Ability:
Ability to calculate figures and amounts such as discounts, interest, and percentages.
Reasoning Ability:
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
Computer Skills:
Proficiency with inventory or ERP systems (Made2Manage preferred). Working knowledge of Microsoft Outlook, shipping systems such as UPS and FedEx, and general computer applications.
Knowledge, Skills, and Other Abilities:
- Strong organizational and multitasking abilities.
- Ability to work in a fast-paced manufacturing environment with frequent interruptions.
- Attention to detail and strong inventory accuracy mindset.
- Familiarity with 5S principles and continuous improvement practices
Education/Experience:
High school diploma or general education degree (GED); and two to four years related experience and/or training; or equivalent combination of education and experience
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to stand, walk, use hands, reach with hands and arms, and talk or hear. The employee is occasionally required to sit, climb or balance, and stoop, kneel, crouch or crawl. The employee must occasionally lift and/or move up to 25 pounds.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is required to wear safety glasses and hard sole/close toed shoes with a low heel when walking through the manufacturing shop and/or repair shop whether as part of performing their job or just passing through. In addition, long hair must be tied back when around hazards of flame, machinery, or equipment.
While performing the duties of this job, the employee is regularly exposed to work near moving mechanical parts. The employee is occasionally exposed to fumes or airborne particles, toxic or caustic chemicals, and vibration. The noise level in the work environment is usually moderate to loud.
Yates Industries, Inc. is an equal employment opportunity employer and provides employment and advancement opportunities to its employees without discrimination because of race, color, religion, sex (including pregnancy and conditions related to pregnancy), sexual orientation, transgender status, weight, height, age, marital status, national origin, citizenship, disability, genetic makeup, military or veteran status, misdemeanor arrest record (not resulting in conviction) or any other protected characteristic as established by law. This policy of equal employment opportunity applies to all policies and procedures relating to recruitment and hiring, compensation, employee benefits, promotional opportunities, disciplinary decisions, termination and all other terms and conditions of employment.