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Manager Of Inventory Control Jobs in Illinois (NOW HIRING)

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Manager Of Inventory Control information

What are the key skills and qualifications needed to thrive as a manager of inventory control?

To thrive as a Manager of Inventory Control, you need expertise in inventory management, data analysis, supply chain processes, and typically a degree in business or logistics. Familiarity with enterprise resource planning (ERP) systems like SAP or Oracle, and certifications such as APICS CPIM, are common requirements. Strong organizational, leadership, and problem-solving skills help in managing teams and optimizing inventory flow. These competencies ensure accurate stock levels, reduce costs, and support efficient operations across the organization.

What does a manager of inventory control do?

A Manager of Inventory Control is responsible for overseeing and coordinating all inventory-related activities within a company. This includes managing stock levels, monitoring inventory accuracy, conducting regular audits, and ensuring that supplies are available to meet business needs without overstocking. They work closely with purchasing, warehouse, and sales teams to optimize inventory processes, reduce costs, and prevent shortages or excesses. Effective inventory control helps businesses operate efficiently and meet customer demands.

What are some common challenges a manager of inventory control faces, and how can they effectively address them?

A Manager of Inventory Control often faces challenges such as balancing inventory levels to meet demand without overstocking, minimizing shrinkage and inaccuracies, and integrating new technologies into existing processes. Effective managers address these by implementing robust inventory tracking systems, conducting regular audits, and fostering strong communication with purchasing, sales, and warehouse teams. Staying proactive about process improvements and employee training also helps maintain accuracy and efficiency in inventory management.

How much do managers of inventory control make in the US?

Managers of inventory control in the US typically earn a median annual salary of around $70,000 to $85,000, depending on experience, industry, and location. They often oversee inventory management systems, utilize tools like ERP software, and require strong organizational and leadership skills.

What is the difference between Manager Of Inventory Control vs Inventory Analyst?

AspectManager Of Inventory ControlInventory Analyst
CredentialsBachelor's degree in supply chain, logistics, or related field; certifications like CPIM or CSCPBachelor's degree in business, logistics, or related field; certifications like CPIM or APICS
Work EnvironmentOversees inventory management teams, works in warehouses or supply chain departmentsAnalyzes inventory data, works in offices or data centers
Employer & Industry UsageRetail, manufacturing, logistics companiesRetail, manufacturing, distribution centers

The Manager Of Inventory Control focuses on overseeing inventory processes and managing teams, ensuring stock accuracy and efficiency. In contrast, the Inventory Analyst primarily analyzes inventory data to optimize stock levels and improve forecasting. Both roles require similar credentials and are common in supply chain environments, but their responsibilities differ in scope and focus.

Manager Of Inventory Control jobs near you

Inventory Control Specialist

Indeck Power Equipment Company

Wheeling, IL • On-site

$18.75 - $24/hr

Full-time

Re-posted 11 days ago

Job description

We are recruiting a full-time Inventory Control Specialist at INDECK Power Equipment. The Inventory Control Specialist is responsible for performing a wide range of inventory functions including counting, moving, tagging and verifying any inventory discrepancies.  This includes large equipment, accessories, and parts in multiple warehouses.  We are in the business of both selling and renting equipment, so the accuracy of the computerized inventory is critical to the success of our organization.  We are in a heavy equipment industry so much of this work is performed in the warehouses and shop and is a hands-on position.
 
Essential Duties and Responsibilities:
  • Perform periodic cycle counts for all inventory groups as assigned / scheduled.
  • Research, troubleshoot and correct inventory quantity discrepancies and descriptions.
  • Locate rental inventory when it is not in the proper warehouse bin / shelf.
  • Verify returned rental equipment to ensure all items have been received, recorded, and re-tagged by Shipping & Receiving.
  • Properly tag and add all new inventory if not received under a P.O. By shipping and receiving before it is moved to its warehouse location / bin.
  • Processing of inventory movement forms.
  • Review of packing slips and sales questionnaires, verifying that inventory transactions have been recorded properly in Navision (Company software).
  • Update resource cards in Navision when items have been sold.
  • Setup of new items and resources in Navision as needed.
  • Year End Projects.
  • Physical inventory for all large inventory groups.
  • Work with auditors on inventory sampling and reconciliation.
  • Remote participation in physical inventory for Montreal and Pennsylvania entities.
  • Other duties may be assigned as needed.
                                              
Qualifications/requirements: 
  • Prior experience in inventory, distribution, and operational procedures.
  • High attention to detail.
  • Ability to lift up to 50 pounds.
  • Forklift operator experience a plus.
  • Basic knowledge of Microsoft Office, Excel, and Outlook.
  • Knowledge of boiler parts, valves, and fittings is a plus.
  • Ability to read Engineering drawings a plus.
  • Logistics experience a plus.
  • Ability to communicate between multiple departments.