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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