Inventory Controller

What is an inventory controller?

An inventory controller is someone who manages and oversees the inventory or stock of a company. They are responsible for monitoring the stock levels, tracking shipments, and ensuring that the company has enough products to meet customer demands.

What does an inventory controller do?

Usually, an inventory controller does the following:

• Monitors and maintains accurate inventory records, including stock levels and locations.
• Tracks shipments and deliveries to ensure timely and accurate stock replenishment.
• Conducts regular audits to identify inventory discrepancies and take corrective actions.
• Collaborates with other departments, such as purchasing and sales, to forecast inventory needs.
• Implements inventory management systems to optimize stock control processes.

What does the day-to-day life of an inventory controller look like?

An inventory controller usually works between 9am and 5pm, though this may vary depending on the company's operating hours. They may spend their day:

• Checking and updating inventory records in computer systems or spreadsheets.
• Communicating with suppliers and logistics providers to coordinate shipments.
• Conducting physical stock counts to compare with recorded inventory levels.
• Analyzing data to identify trends, stock turnover rates, and potential stockouts.
• Collaborating with other teams to improve inventory accuracy and efficiency.

Where does an inventory controller work?

Inventory controllers can work in a variety of industries, such as retail, manufacturing, logistics, or wholesale. They can be employed by companies of different sizes, ranging from small businesses to large corporations.

What tools/software/hardware does an inventory controller use?

An inventory controller uses a variety of tools and software, including:

• Inventory management software: Examples include SAP, Oracle, and QuickBooks.
• Barcode scanners: Used to scan products and track inventory movements.
• Excel or similar software: Used to create spreadsheets for inventory tracking and analysis.
• Inventory control hardware: This may include computers, printers, and scanners.

What do I need to become an inventory controller?

There are different pathways to become an inventory controller, including:

• Previous experience: Some companies may require previous experience in inventory management or related roles.
• Qualifications: A diploma or certification in operations management, supply chain management, or related fields can be beneficial.
• On-the-job training: Some companies provide training programs to familiarize employees with their specific inventory management systems and processes.

What career paths are available?

As an inventory controller, there are various career paths available, including:

• Inventory Manager: Managing and leading a team of inventory controllers, overseeing the entire inventory management process.
• Supply Chain Analyst: Analyzing supply chain data to improve efficiency, forecasting demand, and optimizing inventory levels.
• Warehouse Manager: Overseeing the overall operations of a warehouse, including inventory control, logistics, and personnel management.

What jobs are similar to an inventory controller?

• Logistics Coordinator: Coordinating transportation, warehousing, and inventory management activities.
• Purchasing Officer: Managing the procurement of goods and materials for a company.
• Operations Manager: Overseeing the overall operations and processes of a company, including inventory control.

What made you want to become an inventory controller?

How did you get your first inventory controller job?

What was the one thing that surprised you the most about being an inventory controller?

Are you an inventory controller? We want you to share your experiences with those looking to start or change their careers as an inventory controller. If you're interested, contact us at mail@calumchilds.com.