Inventory Controls Specialist III

Thermo Fisher Scientific Inc.; Fair Lawn (NJ); On-site; USD 40,000 - 80,000; Full time

Job summary

Join a dynamic team as an Inventory Specialist III, where you'll ensure accurate inventory management and drive continuous improvement initiatives. This role offers a collaborative environment focused on enhancing inventory accuracy and efficiency. Your expertise will be crucial in maintaining world-class standards and achieving company goals. With responsibilities ranging from leading cycle count programs to investigating discrepancies, this position is perfect for detail-oriented professionals eager to make a significant impact in inventory control.

Qualifications

• 2-4 years of experience in inventory control functions.
• Strong understanding of inventory control principles and methodologies.

Responsibilities

• Develop and monitor key functions related to inventory transactions.
• Lead and coordinate the cycle count program in a perpetual inventory environment.
• Investigate and document inventory discrepancies.

Skills

Inventory Control

Analytical Skills

Problem-Solving

Communication Skills

Microsoft Excel

Microsoft Word

Education

High School Diploma

Bachelor’s Degree in Inventory Management or Supply Chain

Tools

ERP Systems

Data/Reporting Tools

Job description

Work Schedule

First Shift (Days)

Environmental Conditions

Able to lift 40 lbs. without assistance, Some degree of PPE (Personal Protective Equipment) required (safety glasses, gowning, gloves, lab coat, ear plugs etc.), Warehouse, Will work with hazardous/toxic materials

Job Description

How will you make an impact:

Join our dynamic team as an Inventory Specialist III, where you'll play a pivotal role in ensuring accurate inventory management and driving inventory continuous improvement initiatives. This outstanding opportunity allows you to work in a collaborative environment, pushing the boundaries of inventory accuracy and efficiency. Your expertise will help us maintain world-class standards and achieve our company goals!

What will you do?

• Develop, implement, and monitor all key functions related to inventory transactions to assure that they are accurate and timely.
• Lead and coordinate the cycle count program in a perpetual inventory environment.
• Analyze cycle count results to identify patterns, trigger recounts, and advance process deviations.
• Reconcile weekly WIP locations and maintain audit-ready records.
• Investigate and document inventory discrepancies using all available systems and data to identify root causes and corrective actions.
• Work cross-functionally to implement process improvements that improve location and item-level accuracy while supporting efficiency goals.
• Ensure compliance with established inventory control procedures at both central and branch warehouse locations.
• Monitor inter-warehouse and store transfers to ensure accuracy and cost-effectiveness.
• Resolve inventory-related issues including discrepancies in receiving, accounting, and item movement.
• Prepare and deliver inventory performance reports to management and the site leader, highlighting key issues and recommending corrective action.
• Support inventory-related improvement initiatives to drive accuracy, efficiency, and sustainability.

How will you get here:

• High school diploma or equivalent experience required.
• Bachelor’s degree in Inventory Management, Supply Chain, or related field preferred.
• Minimum of 2-4 years of experience in inventory control functions.
• Solid understanding of inventory control principles and standard methodologies.
• APICS certification preferred.
• Proficiency in ERP systems.
• Skilled in Microsoft Excel and Word; experience with data/reporting tools is a plus.
• Strong analytical and problem-solving skills.
• Excellent organizational and communication skills.
• Ability to work independently and balance multiple tasks effectively.
• Strong attention to detail and a dedication to accuracy.
• Must possess excellent math skills.
• Physical ability to lift up to 40 lbs as required.