Inventory Specialist Department: Supply Chain Employment Type: Full Time Location: Valencia, California Reporting To: Supply Chain Manager Compensation: $20.00 - $25.00 / hour 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 + High School Degree required + Bachelors Degree Preferred + Excellent written and verbal communication skills. + Excellent organizational skills and attention to detail. + Advanced Excel skills required + Excellent knowledge of Oracle ERP systems and procedures. + Proficient in Microsoft Office Suite and similar software. + Ability to maintain confidential information. + All applicants must be eligible to work in the US without restriction to ITAR documentation and materials. + Treats people with respect; works with integrity and ethically, Upholds organizational values. + Physical Requirements: + Prolonged periods sitting at a desk and working on a computer. + Must be able to lift up to 50 pounds at times. Benefits What’s in it for you on Day 1: + Medical, dental and vision insurance plans + Prescription Drug Plans + Basic Life Insurance + 401k plan with company match + Tuition Reimbursement Program + Employee Referral Program + PTO and Paid Sick Leave + Paid Holidays Exciting Onsite Perks: + Free coffee available at our cafeteria + Employee Appreciation Events 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 between $20 and $25 per hour. 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.