I have extensive experience with various inventory management systems, including SAP and Oracle. In my previous role, I was responsible for updating and maintaining inventory records, ensuring accuracy and efficiency. I also conducted regular audits to identify discrepancies and implemented corrective actions to improve inventory accuracy.

I prioritize tasks based on urgency and impact on the business. For instance, I ensure that high-demand items are always in stock by monitoring their levels regularly. I also prioritize tasks that can prevent stockouts or overstocking, such as timely reordering and conducting cycle counts. This approach helps maintain optimal inventory levels and supports smooth operations.

To minimize inventory shrinkage, I implement robust tracking and monitoring systems. This includes using barcode scanning for all inventory transactions, conducting regular physical counts, and analyzing discrepancies. I also emphasize staff training on proper handling and storage practices to prevent damages and theft. These strategies collectively help in reducing shrinkage and maintaining inventory integrity.

Upon discovering a significant inventory discrepancy, I would first conduct a thorough investigation to identify the root cause. This might involve reviewing recent transactions, checking system logs, and interviewing staff. Once the cause is identified, I would take corrective actions, such as updating procedures or retraining staff. I would also document the incident and the steps taken to prevent future occurrences.

In my previous role, I noticed that our manual inventory tracking was prone to errors and delays. I proposed implementing a barcode system, which significantly reduced manual entry errors and improved data accuracy. This change not only saved time but also enhanced our ability to quickly respond to inventory needs, leading to better customer satisfaction and operational efficiency.