Aftermarket Inventory Specialist - The Toro Company

The Toro Company•Bloomington, MN

23d•$65,000 - $73,000•Hybrid

About The Position

This position is designed for individuals seeking foundational experience in inventory management and supply chain operations. The role is critical in maintaining accurate inventory records and supporting the inventory management team. Responsibilities include tracking inventory, processing relevant documentation, and ensuring that inventory data is current. This hands-on position requires meticulous attention to detail and the ability to work effectively as part of a team with moderate supervision. The Inventory Specialist will assist the inventory management team by analyzing inventory levels, tracking stock movements, and contributing to the accuracy of inventory data. The role involves routine data analysis, generating basic inventory reports, and collaborating with various departments to ensure optimal stock levels and identify areas for improvement. This position offers an excellent opportunity to gain foundational skills in inventory analysis and control.

Requirements

Bachelor's degree in Supply Chain Management, Business Administration, Economics, Finance, Data Analytics, or a related field. (Recent graduates are encouraged to apply).
Strong analytical and problem-solving skills with an aptitude for working with numbers and data.
Proficient in Microsoft Excel (e.g., formulas, basic pivot tables, charts).
Excellent attention to detail and a high level of accuracy in work.
Good organizational and time-management skills with the ability to manage multiple tasks.
Effective written and verbal communication skills.
Ability to work independently and as part of a collaborative team.
Eagerness to learn new systems and inventory management principles.
Basic understanding of supply chain concepts is a plus.

Nice To Haves

Internship experience in inventory, supply chain, or a related analytical role.
Familiarity with inventory management software or Enterprise Resource Planning (ERP) systems (e.g., SAP, Oracle).
Basic knowledge of statistical analysis and forecasting techniques.
Experience with data visualization tools (e.g., Tableau, Power BI) is a plus.

Responsibilities

Accurately enter inventory data into the company’s inventory management system or databases.
Help identify and report any inventory discrepancies to the supervisor.
Communicate effectively with team members and supervisors regarding inventory levels and any issues.
Perform basic clerical duties related to inventory control, such as filing and record-keeping.
Assist in monitoring and analyzing inventory levels, including tracking stock movements and identifying trends.
Support the maintenance of accurate inventory records in inventory management system.
Conduct routine data analysis to help identify discrepancies, potential stockouts, or excess inventory.
Prepare and maintain basic inventory reports and summaries for review by senior analysts and management.
Collaborate with procurement, logistics, and warehouse teams to gather information and support inventory accuracy.
Learn to identify the root causes of inventory issues and contribute to developing solutions.
Support the inventory management team in executing replenishment strategies.
Assist with data entry and ensure the integrity of inventory data across various platforms.
Contribute to projects aimed at improving inventory processes and efficiency.
Perform other duties as assigned to support the inventory management function.
May involve occasional visits to warehouse or distribution center environments.