Inventory Controller job description
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What does a Inventory Controller do?
The Inventory Controller ensures that stock levels meet business needs by maintaining accurate inventory records and overseeing the inventory management system. This role supports cost optimization and efficiency within the supply chain, contributing to the company’s operational success.

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What are the Key Responsibilities of Inventory Controller
- Oversee and manage company inventories.
- Conduct regular audits and develop strategies to optimize inventory control procedures.
- Maintain accurate inventory records and report on financial impacts.
- Collaborate with suppliers and operations teams to forecast inventory needs.
- Analyze data to anticipate future inventory requirements.
- Coordinate the receiving and dispatching of goods.
- Implement improvements to the inventory management system.
- Resolve inventory discrepancies and lead investigations when needed.
- Ensure regulatory compliance in storage and inventory handling.
- Develop and enforce policies to minimize loss, theft, and damage.
What are the Skills and Requirements for a Inventory Controller?
- Proficiency in inventory management software and databases.
- Excellent organizational and analytical skills.
- Strong attention to detail with the ability to identify patterns and discrepancies.
- Effective communication and negotiation skills.
- Ability to work under pressure and meet deadlines.
- Competency in cross-functional teamwork and collaboration.
What are the KPIs to track for Inventory Controller?
The Inventory Controller’s performance is measured by inventory accuracy, efficiency of stock replenishment, and cost reduction in storage and inventory management.
Inventory Accuracy
Maintain a discrepancy level below a defined threshold.
Replenishment Efficiency
Reduce the time taken to reorder and restock inventory.
Cost Reduction
Lower inventory holding costs while maintaining service levels.
Reports to
Supply Chain Manager
Collaborates with
Procurement Team, Operations Staff
Leads
Warehouse Clerks
Are any specific tools or software required for the Inventory Controller role?
- SAP Inventory Management
- Oracle Inventory Cloud
- Microsoft Excel
What is the qualification of Inventory Controller?
Bachelor’s degree in Business Administration, Logistics, or related field; 3+ years experience in inventory management.
