Inventory Manager

SUMMARY The primary purpose of the Inventory Manager is to ensure inventory accuracy through effective oversight of cycle counts, physical inventories, and reconciliation processes, while monitoring and improving internal controls related to inventory handling, storage, and movement. This role also collaborates closely with warehouse, operations, and finance teams to identify and resolve inventory discrepancies and support efficient product flow. ESSENTIAL DUTIES AND RESPONSIBILITIES: Design, develop and maintain internal control systems to minimize inventory variances. • Review the results of daily cycle counts with the Controller and Warehouse Management to ensure a proper reconciliation. Act as a resource related to researching inventory variances. This includes specialized knowledge in areas such as PO Receipts, Location Moves, Transfers, Returns to Suppliers, etc. Maintain and meet expectations of inventory variances within the required monthly budget. Ensure daily inventory cycle counts are performed and all significant variances are investigated and resolved. Perform a minimum of 80 cycle counts per day, prioritizing items based on sales velocity to ensure full inventory coverage over the course of each month. In addition to daily cycle counts, perform targeted counts each day for items with prior variances, negative or low inventory, and those on the Old Beer Report, while conducting full dunnage and keg counts monthly and periodic weekend counts to maintain adequate inventory coverage. Review daily count results with the Controller and Warehouse Manager, addressing issues such as timely product put-aways, replenishment location moves, check-in process adequacy, and any other internal control concerns identified. Manage the physical inventory process which includes coordinating team, organizing the counting process, and researching variances identified. Conduct physical inventories at least three times per year, including year-end, and initiate an additional count within 30 days if inventory variance exceeds $5,000 within a rolling 60-day period. Advise purchasing manager of any excessive inventory positions. Cross-train warehouse management on cycle counts to ensure adequate coverage in your absence and for physical inventories. Maintain records of inventory adjustments (Phyvar/Breakage/Repack/etc..) as required by company policy. Perform other duties as assigned. Obey all federal, state and local laws. COMPETENCIES REQUIRED Problem Solving – Identifies and resolves problems in a timely manner; develops alternative solutions; uses reason even when dealing with emotional topics. Technical Skills – Strives to continuously build knowledge and skills; Shares expertise with others. Interpersonal – Listens to others without interrupting; remains open to others’ ideas and tries new things. Oral Communication – Speaks clearly and persuasively in positive or negative situations; responds well to questions; participates actively in all company meetings. Teamwork – Puts success of team above own interests; able to build morale and group commitments to goals and objectives; recognizes accomplishments of other team members. Managing People – Includes staff in planning, decision-making, facilitating and process improvement; takes responsibility for subordinates’ activities; makes self available to staff; continually works to improve supervisory skills. Business Acumen – Understands business implications of decisions; demonstrates knowledge of market and competition; aligns work with strategic goals. Organizational Support – Follows policies and procedures; supports organization’s goals and values; benefits organization through outside activities. Judgement – Displays willingness to make decisions; supports and explains reasoning for decisions. Motivation – Sets and achieves challenging goals; measures self against standard of excellence. Professional…

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