Inventory Specialist

Loft Orbital Solutions•Golden, CO

1d•$60,000 - $85,000

About The Position

At Loft, we are dedicated to delivering our innovative hardware products & satellite missions on schedule and within budget. That's why the role of Inventory Specialist is crucial to our success. As the guardian of our inventory system, this person will ensure that our hardware and parts are tracked, organized, and readily available when they are needed. In this role, the Inventory Specialist will be responsible for managing Loft's inventory and ensuring accuracy in our system. They will keep track of stock levels, monitor incoming and outgoing shipments, and maintain detailed records of inventory transactions. The Inventory & Logistics Specialist will also be responsible for conducting regular physical inventory counts, identifying and resolving discrepancies, and ensuring that inventory is properly stored and secured.

Requirements

3-5 years of experience in inventory management, with experience within a manufacturing environment
Strong knowledge of inventory management systems and procedures
Excellent organizational and analytical skills
Ability to work in a fast-paced, deadline-driven environment
Ability to work with a team and communicate effectively
Strong attention to detail and accuracy
Ability to work autonomously
Proficiency in Microsoft Excel and experience with inventory management software
Ability to handle multiple tasks and prioritize effectively
Able to hand lift/carry ~50 lbs, and operate pallet jack pushing heavier loads
May require sitting or standing for prolonged periods of time, bending and/or reaching frequently.

Nice To Haves

Bachelor's degree in supply chain management, logistics, or a related field
Experience in a supervisory or team lead role
Familiarity with Lean or Six Sigma methodologies
Experience with NetSuite, Fishbowl, or another enterprise resource planning (ERP) system
Strong knowledge of transportation and shipping procedures
Forklift experience or willing to learn

Responsibilities

Maintain accurate inventory records and track stock level
Maintain physical inventory shelves, enclosures, bins, and material logistics to keep organized and secured.
Monitor incoming and outgoing shipments
Conduct regular physical inventory counts
Identify and resolve discrepancies in inventory records
Manage the disposal of obsolete or excess inventory
Coordinate with production and shipping teams to ensure timely delivery of parts and hardware
Analyze inventory data and identify trends and opportunities for improvement
Implement inventory control procedures and best practices
Collaborate with finance and accounting teams to ensure proper accounting for inventory
Manage the reconciliation of inventory accounts and resolve any discrepancies
Participate in annual physical inventory count and reconciliation with external auditors.
Stay up-to-date with industry trends and advancements in inventory management
Develop and implement inventory forecasting models to optimize stock levels
Manage inventory database and ensure data integrity
Continuously assess and improve inventory processes and procedures

Benefits

100% company-paid medical, dental, and vision insurance option for employees and dependents
Flexible Spending (FSA) and Health Savings (HSA) Accounts offered with an employer contribution to the HSA
100% employer paid Life, AD&D, Short-Term, and Long-Term Disability insurance
Flexible Time Off policy for vacation and sick leave, and 12 paid holidays
401(k) plan and equity options
Daily catered lunches and snacks in office
International exposure to our team in France
Fully paid parental leave; 14 weeks for birthing parent and 10 weeks for non-birthing parent
Carrot Fertility provides comprehensive, inclusive fertility healthcare and family-forming benefits with financial support
Off-sites and many social events and celebrations
Relocation assistance when applicable