Inventory Specialist


We're looking for people who:

are active and keep precise records.

What you will do:

 

You will ensure that adequate levels of product inventory are maintained in accordance with company standards. You will receive, store, and issue merchandise from a warehouse to a place where customers can purchase the products.

Some specific tasks you will be asked to complete include:

  • Loading and unloading of products from delivery vehicles
  • Organizing storage of merchandise for ease of distribution
  • Maintaining a daily audit of goods received and dispersed
  • Ordering products as needed to maintain their availability
  • Some operation of forklift and other warehouse vehicles
  • General maintenance of warehouse facility

Knowledge required for this job:

  • Understanding the principles of good business practices involving the coordination of people and resources
  • Understanding and satisfying customer needs
  • Understanding the production process to anticipate delays and deal with issues like damaged goods, back orders, etc.
  • Knowledge of mathematical principles and their application in inventory record-keeping
  • Good written and oral communication skills

Skills required for this job:

  • Ability to understand written documents and convey information to others
  • Good active listening and interpersonal communication skills
  • Mathematical problem solving skills and the ability to maintain records of warehouse activity
  • Being able to use computer record-keeping software to track product flows and create reports for management

What education you need:

Most inventory specialists' positions do not require a college degree.
About three-fifths (62.9%) of people ages 25-44 who currently hold this kind of job have a high school degree or lower. An additional 28.7% have had some college experience. Only 8.9% have a bachelor's degree or higher.

Salary:

Nationally, people working in this job earn between $6.97 and $16.44 an hour.
In Maryland, the pay scale ranges from $7.25 - $17.32 an hour. (Occupational Employment Statistics (OES) 2007)

Future job prospects

Nationally, inventory specialists' jobs are expected to decrease from 1,565,900 positions in 2004 to 1,451,100 in 2014. (- 7%)
In Maryland, jobs numbers are expected to decrease as well, with 30,080 positions in 2004 and 28,490 in 2014. (- 5%)