If you’ve worked in retail at any point in your life, you’ve probably seen the clutter that is the warehouse back room. If you’ve decided that you want to take that matter into your own hands, then being an Inventory Manager is for you! You’ll be responsible for managing the inventory of the store as well as shipments. If that position sound’s daunting, don’t worry! Here are some pointers you’ll want to know before you start.
How to Become a Successful Inventory Manager?
Get a Bachelor’s Degree: This is a pretty standard requirement for a majority of managerial roles, but you can pick your major from Business Administration or Finance, as both will help you excel. For this specific role, I’d lean more toward Business Administration, but either will strike a good tune with potential employers.
Work Your Way Up Through Smaller Roles: You’ll need to start from the bottom rung in order to get to the top of the ladder! Take a position your employers will take under your future management. You’ll gain the necessary work experience and understanding needed to perform the duties of the role effectively.
Improve Your Problem-Solving Skills: Being a manager of anything requires a lot of problem-solving expertise. The best ways to improve that are by joining a club or sport. In addition, you can also try puzzle-solving games, as these will also improve your analytical skills.
Learn Inventory Management Software: A common requirement showing up on most job applications is previous experience with inventory management software. Learning how to use interfaces like Fishbowl or NetSuite will give you a competitive edge over other applicants.
If you want to be the boss, you’re going to have to put in the work and show that you’re determined to make your place of business succeed. Follow my advice, and you’ll be well on your way to making that happen.
The Best Inventory Manager Resume Samples
These are some examples of job descriptions we have handpicked from real Inventory Manager resumes for your reference.
- Shipping of product to Brake Check stores and additional outside companies.
- Communicate with vendors for product needed top maintain warehouse inventories.
- Receive warehouse inventory into computer to maintain inventory quantity on hand.
- Maintained and emphasized customer service, resulting in quality interaction & a memorable customer experience.
- Maintains store fridge by restocking with product from inventory; removing damaged or freshness-dated products.
- Record daily deliveries and shipments to reconcile inventory; report to upper management on stock levels.
- Managed accurate inventory levels up to $75 million in inventory in a 1.2 million square foot full line warehouse.
- Oversaw proper inbound receiving, handling of product during forklift and order selection processes, as well as loading of outbound trailers to customers.
- Minimized shrink levels by 35% in warehouse inventory, damage and spoilage.
- Worked directly with the corporate buying group assisting on purchase orders, vendor returns and customer orders.
- Replaced the manual process of checks needing to be cashed with an efficient program that cross checks any previously returned checks.
- Implemented new technologies to improve security and maximize efficiency.
- Managed daily, weekly, and monthly inventory and ordering of supplies to ensure product availability.
- Oversee inventory in the wide-ranging perimeter. Have always met or exceeded project goals set by superiors.
- Also, handle front counter sales as a salesman and properly situate invoices.
- Become knowledgeable of product offerings and features to help customers make an informed purchase decision.
- Stay informed of sales and pricing changes, updating product prices as needed.
- Developed and troubleshooted an inventory management process designed for the challenges of multiple seller consignments.
- Managed sales and shipment of products through social media platforms, and created an easy to navigate online store using the Shopify web builder.
- This allowed THREADS to bring the brand’s online presence to a wider audience, translating into more sales.
- As the company grew, I worked closely with the management team to create and update SOPs that ensured consistency in the customer experience and optimised internal efficiency.
- Created weekly shortage reports identifying supplies and critical need in a timely manner.
- Ensured inventory control needs are consistently met by improving and developing inventory management process and procedures.
- Established and implemented just-in-time inventory and stocking level program that decreased overall inventory by 20% and increased inventory turns.
- Coached and supported personnel during transition to SAMMS system used to track inbound material and equipment as well as control inventory; represented changes in standard operating procedures as an approachable and informed team leader.
- Maintain and prepare detailed records and files using appropriate software.
- Interface with vendors to monitor location of distributed controlled assets as directed.
- Notify appropriate parties when parts need to be ordered and when equipment is received and dispatched.
- Reorganized existing warehouses and designed a newly acquired one from scratch.
- Implemented a location system from scratch (neither formal locations nor an inventory management system were available, company relied on warehouse personnel´s memory to find product).
- Implemented and trained warehouse workers in good inventory processes.
- Performed physical counts per established guidelines and procedures.
- Utilized DC Data Computers and software to track progress of an inventory.
- Constant visual and verbal communication with store management and subordinated.
- Reduced inventory balance by $17M in 2016 by controlling inputs/outputs and reducing excess and obsolete inventory.
- Implemented improved stocking strategy to reduce safety stock, MOQ levels, and days of supply by $2M while maintaining fill rate.
- Supported Oracle implementation and led successful inventory consolidation of 5 sites into 1 with a total inventory value of $21M.
- Monitoring available products in order to to ensure customers have access to what they need.
- Daily records of shipments and invoices to see what products need to be replenished.
- Fulfilling orders for customers and making sure they get to them on time.