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Inventory Specialist Job Description: Top Duties and Qualifications

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An Inventory Specialist, or Stock Control Specialist, monitors all inventory tasks within an organisation. Their primary duties include ordering and receiving inventory, making future inventory projections and finding ways to save money and improve efficiency.

Inventory Specialist duties and responsibilities

An Inventory Specialist main responsibilities include:

  • Creating an effective space plan and storage area within the warehouse
  • Training inventory staff on how to work safely and prevent product loss
  • Maintaining and reviewing an accurate recording of stock records
  • Ordering additional supplies when needed
  • Negotiating with vendors to ensure the best deal is reached for the company
  • Remaining up-to-date with industry trends
  • Notifying company management regarding product shortages and discrepancies
  • Overseeing stock rotation procedures

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Inventory Specialist Job Description Examples:

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Indeed’s Employer Resource Library helps businesses grow and manage their workforce. With over 15,000 articles in 6 languages, we offer tactical advice, how-tos and best practices to help businesses hire and retain great employees.

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What does an Inventory Specialist do?

An Inventory Specialist oversees the inventory of products in a company. They look for ways to avoid factors that may lose the company money like contamination or expiry dates while evaluating new methods and techniques that will improve efficiency. Through analysing inventory trends for the company they are able to predict future needs and deficits the company may face in the future.

Inventory Specialist skills and qualifications

A successful Inventory Specialist will have various prerequisite skills and qualifications that typically include:

  • Strong maths and accounting skills
  • Creative problem-solving abilities
  • The ability to multi-task and manage many projects at once
  • The ability to work under pressure and under time constraints
  • Strong organisational skills
  • The ability to work in different weather conditions
  • Effective time-management skills
  • Excellent verbal and written communication skills

Inventory Specialist experience requirements

All applicants should have some experience in an inventory, management or retail field. Look for candidates who have previously held positions such as Inventory Clerk or Store Manager and are familiar with the trends within the industry. Warehouse experience is also preferred, as employees must be prepared to work in extreme weather conditions.

Inventory Specialist education and training requirements

Employers usually hire candidates that have completed some GCSEs and an apprenticeship. They will need five GCSEs in English and maths at grades 9 to 4 in order to obtain a warehouse operative advanced apprenticeship. If the applicant didn’t complete an apprenticeship, most companies will accept some previous experience working in a lower-level position in a warehouse, or distribution depot and gaining more experience through internal promotion.

Inventory Specialist salary expectations

According to Indeed Salaries, the average salary for an Inventory Specialist in the UK, is £36,011 per year. Salary is usually dependent on experience, location and company.

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Inventory Specialist job description FAQs

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