Inventory Coordinator
Department:
Job Summary
Key Responsibilities
Inventory Control & Reconciliation
- Maintain accurate inventory records across all material categories.
- Monitor inventory transactions and investigate discrepancies between physical inventory and system records.
- Ensure timely and accurate recording of material movements consumption adjustments and transfers.
- Coordinate cycle counts physical inventories and month-end inventory activities.
- Develop and implement inventory control procedures and best practices.
- Identify and resolve inventory variances and process gaps.
- Support financial inventory reconciliation and audit requirements.
Material & Scrap Inventory Management
- Oversee the tracking and control of internal and external material inventories.
- Ensure inventory transactions are processed accurately and consistently.
- Monitor material quality inventory integrity and storage practices.
- Coordinate inventory verification activities inspections testing programs and material reconciliation efforts.
- Investigate inventory discrepancies and implement corrective actions.
- Work with operations and suppliers to improve inventory accuracy material utilization and overall inventory performance.
Reporting & Analytics
- Develop and maintain inventory reports dashboards and performance metrics.
- Generate routine and ad hoc reports related to inventory transactions material movements inventory variances and reconciliation activities.
- Monitor inventory trends and identify opportunities for process improvement and cost reduction. Inventory min/max optimization.
- Analyze data from ERP and operational systems to ensure consistency and accuracy.
- Provide regular inventory performance updates to management and key stakeholders.
- Support decision-making through detailed inventory analysis and reporting.
Quality & Compliance
- Ensure inventory procedures comply with company policies standards and regulatory requirements.
- Support internal and external audits related to inventory management and material control.
- Maintain documentation and traceability of inventory records and transactions.
- Promote continuous improvement initiatives focused on inventory accuracy and operational efficiency.
- Collaborate with Quality and Operations teams to address inventory-related concerns.
Training & Development Responsibilities
- Lead and participate in inventory and material management training programs.
- Support employee development in inventory control material inspection and inventory accuracy processes.
- Develop and maintain work instructions procedures and training materials.
- Ensure employees understand applicable material specifications and inventory management requirements.
- Coordinate training related to inspection methods testing equipment and inventory systems.
- Support and train personnel on month-end inventory count procedures and inventory reconciliation processes.
Qualifications
Education
- College diploma or university degree in Supply Chain Management Operations Management Business Administration Engineering or a related field.
Experience
- 5 years of experience in inventory management materials management warehouse operations logistics or supply chain functions.
- Experience within manufacturing metals industrial or heavy manufacturing environments preferred.
- Demonstrated experience managing inventory controls reconciliations and reporting processes.
Technical Skills
- Strong knowledge of ERP systems preferably Microsoft Dynamics 365.
- Familiarity with Manufacturing Execution Systems (MES) and inventory management software.
- Advanced Microsoft Excel and data analysis capabilities.
- Experience with inventory reporting KPI development and process improvement initiatives.
- Strong understanding of inventory control principles and material traceability.
Competencies
- Strong analytical and problem-solving abilities.
- High attention to detail and accuracy.
- Excellent communication and interpersonal skills.
- Strong organizational and time management capabilities.
- Ability to work effectively across multiple departments.
- Results-oriented with a focus on continuous improvement.
- Ability to manage priorities in a fast-paced manufacturing environment.
Key Performance Indicators (KPIs)
- Inventory accuracy.
- Inventory variance reduction.
- Inventory optimization / reduction.
- Cycle count completion and accuracy.
- ERP and operational system inventory alignment.
- Timeliness of inventory reconciliation.
- Inventory reporting accuracy.
- Material quality compliance.
- Month-end inventory close performance.
- Audit compliance and corrective action completion.
Reports To: Manager Procurement
Direct Reports: Scrap Inspectors
Primary Objective
To ensure the integrity accuracy visibility and optimization of inventory across the organization while supporting operational efficiency financial accountability and strategic decision-making. Through effective inventory controls reporting material management and team leadership the Inventory Supervisor will drive continuous improvement and support the organizations production quality and cost objectives.
Required Experience:
IC
About Company
Heico has a long history of success. Since its founding over 40 years ago, The Heico Companies L.L.C. has grown from a single business to over 74 separate companies through a strategic acquisition policy, and by reinvesting its earnings into internal growth and new prospects. Historic ... View more