Inventory Manager Duties & Responsibilities

The role and function of an Inventory Manager includes the following duties and responsibilities:

  • Plan, implement and manage procedures to optimize inventory control
  • Manage business supplies and raw material
  • Identify shortages and act in a timely manner
  • Define inventory KPIs and track them regularly
  • Oversee daily operations and identify bottlenecks
  • Suggest solutions for continuous improvements
  • Stay up to date with the latest technology and best practices
  • Use inventory software
  • Build and maintain strong relationships with suppliers
  • Negotiate better deals with suppliers

Note that this is not an exhaustive list of Inventory Manager duties and responsibilities. Job functions for specific Inventory Manager roles may vary, depending on the industry and type of employer.

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