Inventory Control Analyst

Description

The Inventory Specialist is responsible for Inventory management, control and improvement to ensure reasonable, economical and optimized inventory to meet production demand and maintaining accurate inventory counts of Inventory items (Raw Materials, Sub Assembly, and Finished Goods)

Key Responsibilities

• Analyze inventory data to identify trends, outliers and areas for improvement.
• Review monthly demand forecast, open backlog, production plan, material plan to project and manage inventory by different location accurately
• Optimize inventory structure by reducing obsolete / excess stock / slow movers and improve fast moving parts inventory level.
• Support Planning, Finance, Logistics functions etc.for necessary process improvement.
• Monitor aging stock, track and publish the OOW inventory monthly and follow the updates
• Effectively communicating daily with Planning Supervisor, Production Supervisor and management on any inventory requirements.
• Work with material planner and production to set up SS and monitor it closely with timely highlight to avoid shortage or excess
• Responsible Daily Cycle Counts timely, tracking down inventory problems and follow the solutions
• Ensure Cycle Count accuracy and system inventory qty accuracy
• Responsible for Account Alias Approvals and transactions.
• Verify Clerical computation against physical count of stock and adjusts errors in computation or count, or investigates and reports reason for Discrepancies.
• Stocks and issues parts.
• Maintain an organized storage area for all, Raw Materials, Sub assembly and Finished Goods.
• Performs other related duties as assigned.
• Comply with the audit policy.
• Other relevant works assigned by leader

Skills, Knowledge and Expertise

Benefits

What’s in it for you on Day 1 :

Exciting Onsite Perks :

Knowles is committed to providing a competitive and fair total compensation package for all employees.

One element in our total compensation package is base pay.  The starting pay for this role is targeted to be $70,000 annually.

Individual compensation decisions are based on a number of factors, including but not limited to previous experience and skills acquired prior to joining Knowles, cost of living in the assigned work location, assigned schedule, and salaries of similarly situated peers at the company.  It is to be expected that candidates will come to us with different sets of skills and experiences and therefore will be paid at different points in the stated range.  We recognize that the person(s) we select for hire may be less experienced or more experienced than the role as posted; if this is the case, any updates to available salary ranges will be communicated with candidates during the recruitment process.

Equal Opportunity Statement : Knowles Precision Devices prohibits pay discrimination and discrimination of any kind based on race, color, gender, national origin, age, disability, veteran status, marital status, pregnancy, gender expression or identity, sexual orientation, or other legally protected status.

Notice to Staffing Agencies, Search Firms and Recruitment Agencies : The recruitment process at Knowles is managed through the Human Resources department. Knowles does not accept resumes submitted from 3rd party agencies outside of our system. To submit resumes, 3rd party agencies will need to be a pre-approved vendor with a valid contract in place, be actively engaged by Knowles to recruit for a specific position and have agency log in credentials to submit candidates to our careers portal. Please do not submit resumes via e-mail, through our external website or directly to our employees. Any resumes submitted in this way become the property of Knowles and will not be eligible for any placement fee.

About Knowles

Knowles is a leading manufacturer of specialty electronic components. We design parts that perform unique, critical functions for innovative technologies. Through extreme reliability, custom engineering, and scalable manufacturing, we enable businesses to succeed in the most demanding applications across medtech, defense, and industrial markets.

Our high-performance capacitors, RF and microwave filters, advanced medtech microphones, balanced armature speakers, and miniaturization products enable and enhance the performance of technologies with the power to change, improve, and save lives. Founded in 1946 and headquartered in Itasca, Illinois, Knowles has grown into a global organization with employees spanning 11 countries.