Job Description:

Inventory Specialist ResponsibilitiesEnsure accurate inventory level of all components in the inventory system compared to physical inventory.Use inventory system to close and work orders and adjust inventory levels accordingly.To validate inventory deductions from the system and physical inventory for work orders derived from BOM.With engineering and production set minimum stock levels and re-order when required.Create and use reports from the inventory system daily to ensure physical and system integrity.Understand consequential actions. For example, if a unit is placed into MRB or to be scrapped, the action has to be performed and appropriate inventory deductions should be made.Raise requisitions for replenishment and monitor procurement lifecycle through to receiving and stocking in house.Liaise with production and engineering to ensure requirements are met.Ensure close contact with finance to ensure financial integrity is ensuredManagement of consignment inventory for customersRequirementsMinimum 5 years inventory management experience in electronics assembly or electronics distribution. Excellent proficiency in MS Excel (well beyond data entry. Be able to build spreadsheets, use formulae and charts) and MS Word.Strong familiarity with ERP systemsStrong understanding of inventory management and procurement in an accounting projectExcellent attention to detail and critical thinkingSupervise 1 personStrong understanding of accounting treatments as regards to inventoryDetailed Supervision of 1 data entry personReports to CEOPotential Alternative Position to include procurement: Procurement of electronic partsProcurement of mechanical parts and sub assembliesExperience with overseas vendorsTrack record of cost reduction through procurement techniques and negotiation