Inventory Specialist

As an Inventory Specialist at NOV, your primary responsibilities include managing inventory across multiple locations, generating inbound documentation for returned equipment, reviewing sales orders, and identifying inventory to meet customer demands. You will also be responsible for regular inventory counts, managing inventory transfers, and improving inventory reporting methodologies.

To apply for the Inventory Specialist position at NOV, you should ideally possess a High School Diploma or GED equivalent. It’s preferred to have at least 1 year of relevant experience. You must also be able to pass a drug screen and background check, possess proficiency in Microsoft Office and ERP systems, and have a keen attention to detail.

At NOV, we recognize the importance of professional development. As an Inventory Specialist, you will have opportunities to learn and enhance your skills through training programs and exposure to various inventory management practices, including best practices and innovative methodologies tailored for our industry.

An Inventory Specialist at NOV should be proficient in Microsoft Office, Outlook, and Adobe. Additionally, familiarity with materials management business systems and ERP software is essential. Understanding Engineering BOM and Manufacturing BOM structures and changes will also be crucial in this role.

As an Inventory Specialist at NOV, you can expect to work extended hours based on business needs, including being on call as required. Flexibility in adjusting your schedule and working overtime may also be necessary to meet operational demands, reflecting our commitment to serving our customers effectively.

When answering this question, be sure to highlight specific systems you've used, your proficiency level, and how you applied these tools to improve inventory accuracy and efficiency in your past roles.

Provide a structured approach to addressing inventory inaccuracies, such as investigating discrepancies, conducting audits, and implementing corrective actions to prevent future errors. This showcases your problem-solving skills and attention to detail.

Cycle counting is crucial for maintaining inventory accuracy, as it helps identify discrepancies in real-time and supports the overall reliability of inventory data. Discuss your past experiences implementing cycle counting processes and its benefits.

When asked this, outline proactive strategies such as establishing best practices, utilizing technology to track inventory movements, and fostering interdepartmental communication to ensure all teams are aligned on inventory management procedures.

Demonstrate your organizational skills by discussing methods you use to prioritize tasks, such as assessing urgency, using tools to keep track of assignments, and ensuring clarity in communication with team members for effective workflow management.

Share a specific example focusing on your analytical process in identifying the issue, the steps you took to address it, and the positive outcomes or improvements that resulted from your actions.

Explain your understanding of Engineering Bill of Materials (EBOM) and Manufacturing Bill of Materials (MBOM), emphasizing their roles in inventory management and how they impact the tracking and usage of components in production.

Highlight your commitment to safety by discussing your familiarity with regulations and best practices. Talk about how you incorporate safety in daily operations and ensure that safety procedures are prioritized during inventory management tasks.

Discuss your communication style and collaborative approach to building relationships, emphasizing the importance of understanding the needs of different departments and how you would work together to enhance overall inventory management processes.

Prepare to discuss common challenges such as stock discrepancies, management of returns, or meeting customer demands. Provide insights into your strategies for overcoming these challenges, reinforcing your proactive approach to problem-solving.