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Job details

Inventory Control Manager

Overview

SUMMARY:

The Inventory Control Manager works closely with the Branch Operations Managers, Strategic Pricing Manager, Regional Operations Managers, RVP’s, OVP’s and Warehouse personnel to evaluate, plan and monitor specific inventory levels to ensure accuracy and corporate financial objectives.  These decisions are optimized based on understanding of the appropriate inventory procedures necessary to support the Company’s policies/procedures, mitigate risk risks, and financial impact. 

Responsibilities

ESSENTIAL DUTIES AND RESPONSIBILITES include but are not limited to the following. The Company reserves the right to add to, delete, change or modify the essential duties and responsibilities at any time. All work is to be completed with minimal supervision and in accordance with Company standards. Other duties may be assigned as needed.

 

  • Manage inventory accuracy and develop standard operating procedures
  • Recommend and coordinate inventory control procedures with facilities
  • Develop inventory quarantine and return process
  • Implement FIFO and expiration process
  • Maintain a daily shipment and invoicing within the ERP
  • Assist locations with facility layout
  • Report and analyze Inventory data for senior management to review
  • Provide locations with item usage for velocity slotting
  • Implement and manage Inventory Cycle Count program
  • Understand and revise existing ERP procedures to meet business requirements
  • Manage item setup and maintenance
  • Build inventory team by region
  • Implement and manage year-end inventory for all branches
  • Identify and manage responsibilities for inventory analysts
  • Assist with inventory variances to support departments
  • Assist with acquisition team as needed
  • Represent PetroChoice with integrity and professionalism at all times

 

 

COMPETENCY:

To perform the job successfully, an individual should demonstrate the following competencies:

 

  • Inventory Management Principals – In-depth knowledge of Standardizing Inventory Procedures, Inventory Accuracy, Inventory Ranking, and Financial Analysis with respect to inventory.
  • Computer/IT – database organization, retrieval and analysis techniques, including ERP and Excel software programs.
  • Interpersonal – focus on conflict resolution rather than blame; maintain confidentiality; keep emotions under control; remain open to other’s ideas and new processes.
  • Oral Communication – Speak clearly and persuasively in positive or negative situations; listen and get clarification; respond well to questions; participate in meetings.
  • Quality – demonstrate accuracy and thoroughness; look for ways to improve and promote quality; apply feedback to improve performance, monitor own work to ensure quality.
  • Quantity – meet productivity standards, complete work in a timely manner; strive to increase productivity, work quickly.

Qualifications

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge skill, and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

EDUCATION/EXPERIENCE:

Bachelor degree (BA) or equivalent from a 4-year College or 5 plus years related experience and/or training, or equivalent combination of education and experience.

 

LANGUAGE ABILITY:

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, customers, and the general public.

 

MATH ABILITY:

Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.

 

REASONING ABILITY:

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

 

COMPUTER SKILLS:

To perform this job successfully, an individual should have knowledge of Microsoft Word, Excel, PowerPoint, and other report writing and project planning software. Experience working in an ERP environment is desirable.

 

WORK ENVIRONMENT:

The work environment consist of office and warehouse conditions representative of distribution businesses nationally. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

The noise level in the work environment is usually moderate.

 

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

This is an office position. The employee must regularly lift and/or move up to 5 pounds and occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include Close vision, Distance vision, Peripheral vision, Depth perception and Ability to adjust focus. While performing the duties of this job, the employee is regularly required to use hands and fingers, talk and hear. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand, walk and sit.

 

EOE

Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Inventory Control Manager, PetroChoice

As the Inventory Control Manager at PetroChoice in King of Prussia, you're stepping into a pivotal role where your expertise will directly impact operational excellence and financial accuracy. You'll be collaborating with Branch Operations Managers, Regional Operations Managers, and Warehouse personnel to establish and maintain specific inventory levels that not only meet corporate standards but also optimize our operational processes. Your daily tasks will include developing standard operating procedures for inventory accuracy, coordinating with facilities on control procedures, and implementing FIFO and expiration processes. An essential part of your day will involve reporting and analyzing inventory data for senior management, assisting locations with effective inventory setup, and managing cycle counts to ensure compliance with business requirements. Your keen understanding of inventory management principles, combined with your ability to analyze data using ERP systems and Excel, will empower you to drive continuous improvements. If you thrive in a dynamic environment where collaboration and analytical thinking are key, and you’re ready to represent PetroChoice with professionalism and integrity, we want to hear from you! Join us to help shape efficient inventory practices while building and empowering your team across various regions.

Frequently Asked Questions (FAQs) for Inventory Control Manager Role at PetroChoice
What are the main responsibilities of an Inventory Control Manager at PetroChoice?

The Inventory Control Manager at PetroChoice plays a crucial role in managing inventory accuracy by developing operating procedures, coordinating inventory control measures, and reporting on inventory data for senior management. This position also involves implementing FIFO processes and managing cycle counts across various facilities.

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What qualifications are required for the Inventory Control Manager position at PetroChoice?

To be successful as an Inventory Control Manager at PetroChoice, candidates typically need a Bachelor’s degree or equivalent experience along with at least five years in a related field. Proficiency in inventory management software, particularly ERP systems, is highly valued, along with strong analytical and communication skills.

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How does the Inventory Control Manager collaborate within the PetroChoice team?

Collaboration is key for the Inventory Control Manager at PetroChoice. You will work closely with various departments, including Branch Operations Managers, Strategic Pricing Managers, and Warehouse staff to ensure robust inventory practices and compliance with business objectives.

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What skills are essential for an effective Inventory Control Manager at PetroChoice?

An effective Inventory Control Manager at PetroChoice should possess strong analytical skills, knowledge of inventory management principles, and proficiency with databases and ERP systems. Excellent interpersonal skills for conflict resolution and clear communication are also critical in this role.

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What is the work environment like for the Inventory Control Manager at PetroChoice?

The work environment for the Inventory Control Manager at PetroChoice consists of both office and warehouse settings. The role involves moderate physical demands, and accommodations are made for employees with disabilities to ensure that all essential functions can be performed effectively.

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Common Interview Questions for Inventory Control Manager
What methods do you use to ensure inventory accuracy?

To ensure inventory accuracy, I employ various methods such as regular cycle counts, utilizing ERP systems for real-time data analysis, and developing strict standard operating procedures. This systematic approach helps to mitigate discrepancies and maintain precise inventory levels.

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How do you implement FIFO in inventory management?

Implementing FIFO involves organizing inventory based on first-in, first-out principles. I coordinate with warehouse staff to ensure products are rotated properly, thus minimizing waste and maintaining product quality. Continuous training and clear communication about inventory processes are vital.

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Can you describe your experience with ERP systems?

My experience with ERP systems includes utilizing them for managing inventory levels, tracking shipments, and generating reports. Familiarity with ERP allows me to analyze data efficiently, which is essential for decision-making and aligning inventory practices with corporate goals.

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What steps do you take when faced with inventory discrepancies?

When faced with discrepancies, I first conduct a thorough analysis to identify the root cause. Following that, I collaborate with the inventory team to review data, implement corrective measures, and refine procedures to prevent recurrence, ensuring long-term accuracy.

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How do you manage a team in a high-pressure environment?

Managing a team in a high-pressure atmosphere involves fostering open communication and support. I prioritize clear objectives, provide necessary resources, and cultivate a collaborative environment where team members feel valued and can perform efficiently under pressure.

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Describe a time you improved an inventory process.

In my previous role, I identified inefficiencies in the inventory receiving process. By streamlining communication between departments and introducing new tracking software, we increased accuracy and reduced processing time, significantly enhancing overall inventory management.

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How do you ensure compliance with company inventory procedures?

Ensuring compliance involves regular training and consistent monitoring of inventory procedures. I implement checklists and audits to confirm adherence to company standards, along with fostering an environment where feedback is encouraged for continual improvement.

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What do you consider the biggest challenge in inventory management?

The biggest challenge in inventory management often lies in balancing supply and demand effectively. I approach this challenge by utilizing data analysis to forecast trends, allowing for proactive management of inventory levels to meet customer needs without excess.

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How do you report inventory data to senior management?

Reporting inventory data to senior management involves compiling comprehensive reports that highlight trends, issues, and forecasts. I ensure the reports are clear and actionable, often using visual aids and summaries to facilitate quick understanding and decision-making.

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Why is it important to develop a return process for inventory?

Developing a return process is crucial for minimizing losses and maintaining accuracy in inventory levels. It allows for efficient handling of returned items, ensuring they are assessed, restocked, or disposed of appropriately, thus safeguarding overall inventory integrity.

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PetroChoice is an innovative solution focused lubricant distributor. Assisting our customers in lowering their total cost of ownership through proactive lubrication solutions is our specialty. PetroChoice has a holistic approach to lubrication...

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DATE POSTED
April 17, 2025

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