Inventory Control Coordinator

Standex•Sugar Land, TX

About The Position

Standex International is a global industrial growth company operating through our market-leading brands in electronics, cutting-edge forming technologies, engraving, and scientific refrigeration. We work with our customers to advance progress through innovation. From inventing and producing parts for next-generation space vehicles to evolving vaccine refrigeration, designing functional textures for everyday products, improving renewable energy technology, and much more, we are focused on making what’s next possible. The Inventory Control Coordinator performs analysis of material and production consumption as well as internal and external inventory levels and storage locations. Manages the inventory plans of raw materials, WIP and finished goods. Performs scheduling support and assistance.

Requirements

A minimum of 3 years of experience in an inventory control role or
5 years working in a manufacturing environment
Strong Math skills
Attention to detail
Excellent verbal and written communication skills
Able to work under pressure
Strong analytical skills
MS Office with advanced Excel skills
Manufacturing ERP system familiarity
Ability to solve complex problems in a timely manner

Responsibilities

Perform detailed analysis of inventory plans of raw materials, WIP, and finished goods to meet production and customer demands. Evaluates and makes recommendations to Management.
Provide logistical and inventory support and assist in resolving issues pertaining to containment, count discrepancies, priorities, expedites, and other necessary support activities.
Develop, implement, and monitor all key functions related to inventory transactions to ensure that they are accurate and timely from and to all external and/or internal operations
Monitor internal and external material movement for accuracy and cost effectiveness as directed by the Manufacturing & Production Manager
Develop and supply strategic reporting to the Operations management team, including quarterly summaries, monthly trends, week-over-week analysis, and daily reporting
Develop trend reporting on top offenders in all functions of the warehouse for inventory inaccuracies to help operations leadership in seeking to understand conversations
Innovate and maintain cycle count programs in a perpetual inventory environment for all building locations.
Perform thorough research and document inventory discrepancies to identify root causes and supply possible solutions to increase accuracy and efficiency
Develop and drive departmental and organizational goals through data analysis, with the ability to speak to multiple levels of the business
Take a high level of ownership regarding site training and team development based on inventory, to help mitigate inventory issues on campus
Help develop all leadership on-site to ensure they understand inventory movements external to the building and internal to the Horizon Scientific campus operations.
Additional responsibilities include trend analysis, RCA, Cycle Count Management/Reporting, and corrective actions
Daily reporting on variance trends on site, including top offenders by username per function, top warehouses/bins with discrepancies, top zones with errors, and any additional root cause investigations
Quarterly, Monthly, and weekly summaries of inventory adjustments, including true write-offs, variance bucket trending, and monetary value trends
Lead all inventory audits on-site with external and internal auditors
Manage Aged Inventory
Evaluate future production forecast versus shipments, safety stock, supplier/customer stock programs, slow move/aged inventory, vendor-managed inventory, and consignment inventory.
Assist Purchasing and Scheduling in the planning and coordination of material availability.
Coordinate and manage inventory control activities, including periodic cycle counts, month/year-end processes, including physical inventory as required.
Communicate and participate with supporting departments to execute plans and deliverables.
Monitor and maintain Department metrics for inventory accuracy.
Participate in assignments for job reviews, production standards, and bill of material consumption parameters.