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Inventory Clerk
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Overview
Job Description
Inventory Counting & Reconciliation
- Execute scheduled cycle counts by location, item, ABC class, or process area to meet the defined count frequency.
- Perform ad-hoc counts triggered by transactions, hot parts, negative balances, or exception reports.
- Prepare a report for inventory reconciling variances by verifying units of measure, counting methods, and transaction history; make a proposal for inventory reconciliation with dollar figures.
- Segregate and tag discrepant inventory and send out daily reports.
- Investigate discrepancies (e.g., wrong location, over-production, packaging/UoM conversions, BOM/Backflush inaccuracies, scrap accounting, transfers, scheduling, rework)
- Document root causes and implement corrective/preventive actions (5 Whys, fishbone, standard work updates).
- Recommend improvements to storage practices, labeling, bin zoning, and transaction discipline.
Transaction Integrity & Documentation
- Audit recent transactions (receipts, issues, transfers, returns, adjustments) to validate accuracy against physical stock and paperwork.
- Maintain complete records of counts, variances, approvals, adjustments in compliance with internal controls and audit requirements.
- Support physical inventory and cycle-count program governance.
Cross-Functional Collaboration
- Coordinate with Receiving to ensure proper labeling and put-away accuracy.
- Partner with Production/Scheduling on WIP counts, backflush accuracy, and scrap reporting.
- Communicate findings, risks, and status to Materials/Operations leadership.
Safety & 5S
- Follow all safety policies, PPE requirements, and equipment operating procedures.
- Maintain clean, organized, and clearly labeled inventory locations; champion 5S in assigned zones.
Daily / Weekly Activities
- Daily: Complete assigned count list; investigate and reconcile variances; record and route adjustments for approval; update trackers and dashboards; perform spot checks on problem SKUs/locations.
- Weekly: Review KPIs; analyze top variance drivers; validate new or reconfigured locations; participate in tier meetings; propose improvements.
- Monthly/Quarterly: ABC review, count frequency tuning, and program effectiveness review; support audits and inventory risk assessments.
Key Performance Indicators (KPIs)
- Inventory Accuracy (By Location & Item): ≥ 98%
- Count Compliance: ≥ 95% of scheduled counts completed on time
- Variance Resolution Lead Time: ≤ 48 hours for standard discrepancies
- Root-Cause Closure Rate: ≥ 90% of investigated variances
Required Qualifications
- High school diploma or GED
- Strong math skills and attention to detail
- Basic Excel/Google Sheets skills for variance analysis and reporting
- Ability to lift up to 50 lbs., stand/walk for extended periods, and operate material handling equipment
Preferred
- Experience in manufacturing or distribution with ABC cycle count programs
- 1–3 years in inventory control, warehouse, or materials management
- ERP experience (e.g., SAP, Oracle, Microsoft Dynamics, Infor, Epicor, NetSuite)
- Familiarity with lean/5S, Kanban, backflush processes, and lot/serial control
- Forklift certification
Skills & Competencies
- Analytical: Root-cause thinking; comfortable with transaction trails and audit logs
- Organization: Prioritizes counts by risk/impact
- Communication: Clear written documentation; concise variance summaries to leadership
- Systems: ERP navigation
- Quality Mindset: Escalates discrepancies, respects segregation and traceability rules
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