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Inventory Specialist

Job SummaryWe are seeking a detail-oriented and proactive Purchasing Agent to join our dynamic team.The ideal candidate will play a crucial role in managing the procurement process, ensuring that materials and supplies are sourced efficiently and cost-effectively.This position requires strong negotiation skills, an understanding of supply chain dynamics, and the ability to manage inventory effectively.The Purchasing Agent will collaborate with various departments to meet organizational needs while maintaining quality standards.Responsibilities• Manage the sourcing and procurement of materials, supplies, and equipment necessary for operations.• Negotiate contracts with suppliers to secure favorable terms and pricing.• Monitor inventory levels to ensure adequate supply while minimizing excess stock.• Utilize logistics knowledge to coordinate timely deliveries and optimize supply chain processes.• Maintain accurate records of purchases, pricing, and supplier information within Oracle EBS or similar systems.• Collaborate with cross-functional teams to forecast material needs based on production schedules.• Conduct market research to identify potential new suppliers and evaluate their capabilities.• Ensure compliance with company policies and procedures regarding procurement activities.Experience• Proven experience in materials management, sourcing, or procurement within a manufacturing or logistics environment.• Familiarity with inventory control practices and supply chain management principles.• Proficiency in using Oracle EBS or similar ERP systems is highly desirable.• Strong negotiation skills with a track record of successful contract management.• Excellent communication skills, both verbal and written, to effectively interact with suppliers and internal stakeholders.• Ability to analyze data and make informed decisions based on market trends and supplier performance.Join our team as a Purchasing Agent where your expertise in procurement will contribute significantly to our operational success!Job Type: Full-timeBenefits:• 401(k)• 401(k) matching• Dental insurance• Health insurance• Life insurance• Paid time off• Vision insuranceSchedule:• Day shift• Monday to FridayWork Location: In person
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What You Should Know About Inventory Specialist, Express Employment Professionals

Are you on the lookout for an exciting new challenge? We’re thrilled to announce that we are seeking an Inventory Specialist at our vibrant company located in Christiansburg, VA. As an Inventory Specialist, you will be at the heart of our operations, managing procurement processes that ensure our teams have the materials and supplies they need to excel. Your keen attention to detail will be essential in negotiating contracts, monitoring inventory levels, and coordinating timely deliveries to keep our supply chain running smoothly. You'll collaborate with various departments, using your strong communication skills to forecast material needs and share insights from your market research. We value your expertise with ERP systems like Oracle EBS, which plays a critical role in maintaining accurate records and optimizing our procurement activities. If you're passionate about ensuring quality standards while driving cost-efficiency, we want you on our team! Join us as we work together toward operational success and enjoy comprehensive benefits including health insurance, paid time off, and a 401(k) with matching contributions. Don't miss this opportunity to make a significant impact as our new Inventory Specialist!

Frequently Asked Questions (FAQs) for Inventory Specialist Role at Express Employment Professionals
What are the responsibilities of an Inventory Specialist at our company?

As an Inventory Specialist at our company in Christiansburg, VA, your primary responsibilities will include managing the procurement of materials and supplies, negotiating contracts with suppliers, and monitoring inventory levels to ensure efficient operations. You will also collaborate with cross-functional teams to forecast material needs and conduct market research to identify potential new suppliers.

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What qualifications do I need to become an Inventory Specialist?

To be successful as an Inventory Specialist at our Christiansburg location, you should have proven experience in materials management or procurement, preferably in a manufacturing or logistics environment. Familiarity with supply chain management principles and proficiency in using ERP systems like Oracle EBS are highly desirable. Strong negotiation and communication skills are also essential.

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Is previous experience required for the Inventory Specialist position at your company?

Yes, we prefer candidates for our Inventory Specialist role to have proven experience in materials management, sourcing, or procurement. Familiarity with inventory control practices and an understanding of supply chain dynamics are also beneficial for this position at our Christiansburg, VA location.

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What can I expect from the work schedule as an Inventory Specialist?

As an Inventory Specialist, you can expect a full-time work schedule with day shifts, typically Monday to Friday, allowing you to maintain a healthy work-life balance while contributing to our team's success in Christiansburg, VA.

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What benefits does your company offer for the Inventory Specialist role?

We offer a competitive benefits package for the Inventory Specialist position, including health insurance, dental and vision insurance, life insurance, paid time off, and a 401(k) plan with matching contributions to support your financial well-being and work-life balance.

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Common Interview Questions for Inventory Specialist
Can you describe your experience with procurement processes?

In your response, highlight specific experiences where you successfully managed procurement activities. Discuss any systems, like Oracle EBS, that you used to track orders and contracts, and the impact your work had on operational efficiency.

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How do you prioritize tasks in a fast-paced environment?

Emphasize your ability to assess the urgency of different tasks. Provide an example from your past experience as an Inventory Specialist where prioritizing correctly led to successful outcomes, reflecting on logistics and inventory management.

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Describe a challenging negotiation you have been involved in.

Share a specific instance where you navigated a difficult negotiation with a supplier. Focus on the strategies you implemented and the successful outcome, highlighting your strong negotiation skills as an Inventory Specialist.

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How do you monitor and manage inventory levels?

Discuss the tools and methods you utilize to track inventory. Perhaps mention how you analyze data to predict needs and avoid excess stock, demonstrating your analytical skills relevant to the Inventory Specialist role.

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What strategies do you use for vendor selection?

Explain your approach to conducting market research and evaluating suppliers. Provide an instance where your vendor selection process led to better pricing or improved quality of supplies, highlighting critical thinking relevant to an Inventory Specialist.

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How do you ensure compliance with company procurement policies?

Describe your experience with adhering to company policies in procurement. Give examples of how you've ensured that all procurement activities meet compliance standards, showing your understanding of the importance of regulations in the Inventory Specialist role.

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Can you explain how you handle discrepancies in inventory?

Illustrate how you approach discrepancies by detailing the steps you take to investigate and resolve issues. Your ability to analyze data to identify patterns will be valued as an Inventory Specialist.

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What role does teamwork play in your job as an Inventory Specialist?

Share your views on collaboration and how you've worked effectively with cross-functional teams. Highlight an example of a successful project where teamwork was key to meeting material needs.

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What trends do you see affecting supply chain management today?

Discuss current trends such as sustainability or technology advancements in logistics. Share how you stay updated and how you've adapted your inventory management strategies in response to such trends.

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Why do you want to work for our company as an Inventory Specialist?

Convey your genuine interest in the company's mission and values. Mention specific aspects that resonate with you, like a commitment to operational excellence, and how your role as an Inventory Specialist aligns with the organization’s goals.

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Our Mission To professionally market and provide quality human resource solutions through an international franchising network that profit our associates, customers, franchisees, corporate staff, stockholders, and communities in which we conduct b...

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Full-time, on-site
DATE POSTED
December 15, 2024

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