Inventory Coordinator Job at F. Walther Electric Corp, Somerset, NJ

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  • F. Walther Electric Corp
  • Somerset, NJ

Job Description

Job Description

Job Title: Inventory Coordinator

We are a leading global manufacturer of electrical interconnects and power distribution solutions. Our North American Headquarters is located in Central New Jersey directly off Route 287 is where we maintain significant “on-time” inventory of electrical interconnects that are produced in our factory in Germany. In addition, we are a UL Listed assembly operation that manufactures portable power distribution, control panels, and power cable assemblies. Due to our rapid growth and expansion, we are currently seeking a dedicated and proactive Inventory Coordinator to join our team .

The Inventory Coordinator supports the Buyer in maintaining optimal inventory levels, ensuring accurate stock records, and facilitating efficient procurement processes. This role plays a key part in tracking inventory movement, coordinating with vendors, and assisting in purchasing decisions to meet organizational needs.

Key Responsibilities:

Inventory Control & Monitoring

  • Track inventory levels and reconcile discrepancies between physical stock and system records.
  • Conduct regular cycle counts and assist with full inventory audits.
  • Maintain accurate inventory databases and update item records as needed.

Procurement Support

  • Assist the Buyer in placing purchase orders and monitoring order status.
  • Communicate with suppliers regarding order confirmations, delivery schedules, and backorders.
  • Prepare reports on inventory turnover, stock aging, and purchasing trends.

Logistics & Coordination

  • Coordinate with warehouse and receiving teams to ensure timely and accurate stock intake.
  • Monitor inbound shipments and resolve delivery issues with vendors.
  • Support returns, exchanges, and claims for damaged or incorrect goods.

Data & Reporting

  • Generate inventory and purchasing reports for the Buyer and management.
  • Analyze stock usage patterns to identify slow-moving or obsolete items.
  • Maintain documentation for compliance and audit purposes.

Qualifications:

  • Associate’s or bachelor’s degree in supply chain, Business Administration, or related field preferred.
  • 2+ years of experience in inventory management, purchasing, or logistics.
  • Must be able to lift up to 75 lbs.
  • Knowledge of electrical part parts is a plus.
  • Proficiency in inventory software (e.g., SAP, NetSuite, Oracle) and Microsoft Excel.
  • Strong organizational and communication skills.
  • Detail-oriented with the ability to multitask and meet deadlines.

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