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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 is a leading specialty chemicals company that supplies a broad range of solutions to enhance the products people use every day. We are seeking an experienced Inventory Control Specialist to join our team at the Ashby site.

Job Purpose

The successful candidate will be responsible for overseeing inventory control and analysis, ensuring effective processes for near-term and long-term supply planning. This role will play a critical part in maintaining accurate inventory records, monitoring and reporting inventory levels, and developing actions to address discrepancies or deviations.

Key Responsibilities
  • Hands-on inventory management to maintain accurate records across systems and physical locations.
  • Regular monitoring and reporting of inventory levels, age, condition, and turnover to maximize value and address discrepancies.
  • Effective planning, management, and control of all stock and perpetual inventory management checks.
  • Continual review of the replenishment process.
  • Support and actively participate in new product introduction projects.
  • Assist with and drive cost reduction exercises.
  • Analyze and track sales forecasts at customer and product levels, acting as a conduit between sales and purchasing.
  • Identify variances in actual demand vs planned demand and make informed changes to forecasts and supply chain plans to minimize shortages and overstocks.
  • Communicate with internal teams potential stock shortages and excess stock.
  • Interface with and participate in the Demand Planning process.
  • Implement processes to flag potential issues before inventory is replenished.
  • Implement processes to facilitate short-term and long-term supply planning to achieve adherence to schedule in production scheduling and On-Time Delivery to customers.
  • Manage inventory and supply planning to site KPIs and continuously improve.
Requirements & Qualifications
  • Previous experience in an Inventory Analyst role or similar roles, preferably within the logistics or supply chain industry.
  • Strong knowledge of inventory management principles and best practices.
  • High degree of numeracy.
  • Good understanding of financial aspects and KPIs as they relate to inventory management.
Skills
  • An acute eye for detail and numbers.
  • Strong analytical and problem-solving skills to analyze data and present back in concise and understandable format.
  • Excellent working knowledge of Microsoft Excel is essential.
  • Experience of JDE ERP systems would be an advantage.
Competencies
  • Self-motivated with the ability to work independently and meet deadlines.
  • Effective communication and interpersonal skills.
  • Ability to work collaboratively with cross-functional teams.
  • Highly organized and methodical.
EEO Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.