Inventory Specialist

UFP Industries, Inc.; Coatesville (Chester County); On-site; USD 42,000 - 65,000; Full time

Job summary

UFP Industries, Inc. is seeking an Inventory Specialist to oversee a designated program and manage large-volume and small-part inventory. You will organize data and pull key information to support efficient supply decisions.

A continuous improvement mindset and collaboration with Sales and Purchasing are essential, as you monitor levels, address issues, and ensure on-time material availability across locations.

Qualifications

• High school diploma or equivalent.
• Minimum 2-3 years of experience in related areas.
• Knowledgeable in Company accounting procedures and inventory management concepts.
• Familiar with industry and Company standard practices and procedures.

Responsibilities

• Maintains and manages inventory levels to ensure turns as well as the percentage of inventory dollars to sales dollars remain within stated guidelines.
• Monitors inventory levels and conditions and resolves problems as they arise.
• Provides knowledge on inventory levels, cost, etc. to assist sales meeting customer needs.
• Ensures that the product is available, and that the correct product, and the best priced product is purchased.
• Works closely with the sales department to help address their specific individual needs, make them aware of any inventory problems or concerns, and communicate major market changes as necessary.
• Assists monitoring, maintaining, and managing all purchasing programs.
• Follows up on purchase orders to ensure their on-time arrival.
• This is to include the tracing of all inbound products.
• Follows up on all receiving claims and to make sure they are resolved in a timely manner.
• Monitor aged inventory report and create "hit lists" so the sales department is aware of potential inventory problems.
• Coordinate with other location's inventory management to rectify over and under-stock issues and to maintain inventory at optimal levels.
• Performs other duties as required.

Skills

Inventory management

Education

High school diploma or equivalent

Job description

Job SummaryThe Inventory Specialist will be an important part of the inventory program. They will oversee the processes and procedures for the designated program and should be familiar with working with a large-volume and small-part inventory. Must be able to organize large amounts of data and be able to pull key information out of the data. A continuous improvement mindset will be important in finding the right candidate for this position.Principal Duties and ResponsibilitiesMaintains and manages inventory levels to ensure turns as well as the percentage of inventory dollars to sales dollars remain within stated guidelines.Monitors inventory levels and conditions and resolves problems as they ariseProvides knowledge on inventory levels, cost, etc. to assist sales meeting customer needsEnsures that the product is available, and that the correct product, and the best priced product is purchasedWorks closely with the sales department to help address their specific individual needs, make them aware of any inventory problems or concerns, and communicate major market changes as necessary.Assists monitoring, maintaining, and managing all purchasing programs.Follows up on purchase orders to ensure their on-time arrival. This is to include the tracing of all inbound products.Follows up on all receiving claims and to make sure they are resolved in a timely manner.Monitor aged inventory report and create "hit lists" so the sales department is aware of potential inventory problems.Coordinate with other location's inventory management to rectify over and under-stock issues and to maintain inventory at optimal levels.Performs other duties as requiredQualificationsHigh school diploma or equivalentMinimum 2 - 3 years of experience in related areasKnowledgeable in Company accounting procedures and inventory management conceptsFamiliar with industry and Company standard practices and proceduresBenefits currently offered to our employees:Medical insuranceHealth savings account with company contributionDental insuranceVision insuranceBasic and voluntary life insuranceDisability insurance401(k) plan with company matchPaid vacation and holidaysStock purchase program with employee discountEducational reimbursementWellness programs and challengesOther supplemental benefitsThe Company is an Equal Opportunity Employer.