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    Ashby de la Zouch, Leicestershire, United Kingdom Element Solutions Inc Full time

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    Ashby de la Zouch, Leicestershire, United Kingdom Element Solutions Inc Full time

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    4 weeks ago

    Ashby de la Zouch, Leicestershire, United Kingdom Element Solutions Inc Full time

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Inventory Control Specialist

2 months ago

Ashby de la Zouch, Leicestershire, United Kingdom Element Solutions Inc Full time
Job Overview

Element Solutions Inc, a leading specialty chemicals company, is seeking an experienced Inventory Control Specialist to join our team. As a key member of our planning function, you will be responsible for overseeing inventory control and analysis for our Ashby site.

Key Responsibilities
  • Inventory Management: Maintain accurate inventory records across both our systems and physical locations.
  • Inventory Monitoring: Regularly monitor and report on inventory levels, age, condition, and turnover to ensure value is maximised and discrepancies are addressed.
  • Supply Planning: Effectively plan, manage, and control all stock and perpetual inventory management checks.
  • Replenishment Process: Continually review and improve the replenishment process.
  • Cost Reduction: Assist with and drive cost reduction exercises.
  • Sales Forecasting: Analyse and track sales forecasts at customer and product level, acting as the conduit between sales and purchasing.
  • Supply Chain Planning: Identify variances in actual demand vs planned demand and make informed changes to forecasts and supply chain plans to minimise shortages and overstocks.
  • Communication: Communicate with internal teams potential stock shortages and excess stock.
  • Demand Planning: Interface with and be part of the Demand planning process.
  • Process Improvement: Implement processes to flag potential issues before inventory is replenished and to facilitate short-term and long-term supply planning.
Requirements and Qualifications
  • Experience: Previous experience in an Inventory Analyst role or similar roles, preferably within the logistics or supply chain industry.
  • Knowledge: Strong knowledge of inventory management principles and best practices.
  • Numeracy: High degree of numeracy.
  • Financial Acumen: Good understanding of financial aspects and KPIs as they relate to inventory management.
Skills
  • Attention to Detail: An acute eye for detail and numbers.
  • Analytical Skills: Strong analytical and problem-solving skills to analyse data and present back in concise and understandable format.
  • Technical Skills: Excellent working knowledge of Microsoft Excel, including VBA, lookups, pivots, macros, and databases.
  • ERP Systems: Experience of JDE ERP systems would be an advantage.
Competencies
  • Self-Motivation: Self-motivated with the ability to work independently and meet deadlines.
  • Communication: Effective communication and interpersonal skills.
  • Collaboration: Ability to work collaboratively with cross-functional teams.
  • Organisation: Highly organised and methodical.