Inventory managers are responsible for overseeing all aspects of the inventory in an organization. Duties include determining order amounts, placing orders with suppliers, receiving shipments, maintaining current stock levels, and managing surplus or expired items. Inventory management skills are necessary to be able to accurately estimate how many items will need to be ordered based on prior years’ sales trends. The minimum educational requirement is a high school diploma or equivalent.
The Best Inventory Manager Resume Samples
These are some examples of accomplishments we have handpicked from real Inventory Manager resumes for your reference.
- Shipping of the product to Brake Check stores and additional outside companies.
- Communicate with vendors for products needed to maintain warehouse inventories.
- Receive warehouse inventory into the computer to maintain inventory quantity on hand.
- Accurately maintained a computerized inventory system by organizing, counting, and recording the quantities of all incoming raw materials, work in process, and finished goods.
- Communicated with purchasing agents to determine areas of improvement in current practices.
- 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.
- Inspected incoming material and work in process to ensure that no errors occurred.
- Accurately record all transactions made against all credits on an accurate and detailed system of accounts.
- 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.
- Received team excellence award for the most accurate match-up report submitted by any team member at the company level.
- 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.
- Helped the Company finish the year within its budget-saving $300,000; recognized by the Board of Directors for outstanding service.
- Increased company inventory by $6 million through close performance monitoring and inventory control.
- 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.
- Recognized by the firm’s CEO as a top performer with superior communication skills.
- Developed and troubleshot 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 optimized internal efficiency.
- Streamlined the purchasing process, thereby reducing costs and increasing cash flow in excess of $250,000; earned award for outstanding achievement.
- Created weekly shortage reports identifying supplies and critical needs in a timely manner.
- Ensured inventory control needs are consistently met by improving and developing inventory management processes and procedures.
- Established and implemented a just-in-time inventory and stocking level program that decreased overall inventory by 20% and increased inventory turns.
- Coached and supported personnel during the transition to the 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.
- Increased sales 15% through computerized database analysis allowing timely delivery at lower costs to customers; also won the award for exceptional customer service and excellence in computer use.
- Maintain and prepare detailed records and files using appropriate software.
- Interface with vendors to monitor the location of distributed controlled assets as directed.
- Notify appropriate parties when parts need to be ordered and when equipment is received and dispatched.
- Identified, purchased, and monitored inventory; offset seasonal variations to maintain an average monthly inventory of 100% for the year.
- Prepared reports and communicated variances to management; met or exceeded goals for all variances.
- 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 was available, the company relied on warehouse personnel´s memory to find products).
- Implemented and trained warehouse workers in good inventory processes.
- Adjusted inventory level by 15% after conducting a survey and implementing an analysis of purchasing habits of customers.
- Increased customer satisfaction by communicating purchase trends during sales calls.
- Performed physical counts per established guidelines and procedures.
- Utilized DC Data Computers and software to track the progress of an inventory.
- Constant visual and verbal communication with store management and subordinate.
- Maintained a 100% on-time delivery rate to customers by tracking daily deliveries to each store location.
- Increased profit margin by $60,000 by initiating a process of inventory control.
- 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.
- Trained supervisors of an estimated $400,000 worth of inventory which was recognized as a company record for inventory accuracy.
- Oversaw and directed a significant increase in products sold through direct marketing with established customers; encouraged records for repeat orders.
- 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.
- Planned and installed a system to gather sales data from customers to assist in planning the amount and cost of merchandise to be ordered; resulting in an annual increase in sales volumes by 25%.
- Trained staff members to use a new computerized inventory control system resulting in increased accuracy by 15% on the average over manual methods used previously.
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.
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.
Hope these samples gave you an idea of what your resume should look like and some tips on how to make sure that your resume stands out from the rest.