Inventory Specialist

DBG Arkansas•Conway, AR

About The Position

The Senior Inventory Specialist analyzes and optimizes inventory control processes, inventory investments, and material management strategies in support of business objectives. The role uses advanced analytical skills and independent judgment to identify inventory risks, evaluate trends, develop recommendations, and implement process improvements that enhance inventory accuracy and operational efficiency. It serves as a key business partner to Operations, Supply Chain, Finance, and Purchasing leadership. The specialist analyzes inventory performance and material utilization; recommends actions to optimize stock availability and reduce excess or obsolete inventory; identifies risks; and investigates inventory variances. The role leads inventory-control improvements, maintains inventory procedures, supports ERP and inventory-system enhancements, and develops reports and KPIs for management. It also provides technical guidance and training, leads inventory-related projects, and collaborates with cross-functional leaders to resolve complex inventory issues.

Requirements

5+ years of progressive experience in inventory management, supply chain, materials management, operations analysis, or related functions.
Experience utilizing ERP or advanced inventory management systems.
Advanced analytical and problem-solving abilities.
Strong knowledge of inventory control principles, materials management, and supply chain processes.
Advanced Microsoft Excel and data analysis skills.
Ability to evaluate complex business information and make recommendations.
Strong project management and organizational skills.
Ability to exercise discretion and independent judgment regarding inventory processes and business operations.
Excellent interpersonal and communication skills.
Ability to drive a forklift.

Nice To Haves

Manufacturing experience.

Responsibilities

Analyze inventory performance metrics, trends, and material utilization to support operational and financial objectives.
Evaluate inventory levels and recommend actions to optimize stock availability while minimizing excess and obsolete inventory.
Identify inventory-related risks and develop corrective action plans.
Conduct root cause analysis of inventory variances and develop sustainable solutions.
Recommend inventory policies, controls, and procedures that improve accuracy and efficiency.
Lead inventory control initiatives to improve inventory integrity and operational effectiveness.
Evaluate existing inventory management practices and recommend process improvements.
Develop and maintain inventory-related standard operating procedures.
Participate in cross-functional projects involving inventory optimization, warehouse operations, production planning, and supply chain improvements.
Support implementation and enhancement of ERP and inventory management systems.
Develop, analyze, and present inventory reports and KPIs to management.
Interpret inventory data and provide recommendations to support business decisions.
Monitor inventory accuracy, inventory turns, carrying costs, and inventory aging.
Support forecasting, budgeting, and inventory planning through data analysis and business insights.
Serve as the organization's subject matter expert for inventory control processes.
Provide technical guidance and training regarding inventory management practices.
Lead inventory-related projects and continuous improvement efforts.
Partner with Production, Purchasing, Warehouse, Supply Chain, and Finance leaders to resolve complex inventory issues.
Influence operational decisions through analysis and business recommendations.
Conduct occasional warehouse and production-floor visits for observation, audits, and process evaluations.