I have extensive experience with various inventory management systems, including SAP, Oracle, and QuickBooks. I am proficient in using these tools to track stock levels, manage orders, and generate reports. My experience includes setting up and optimizing inventory workflows to ensure accuracy and efficiency.

When discrepancies arise, I first conduct a thorough investigation to identify the root cause, whether it's due to human error, system issues, or theft. I then implement corrective actions, such as retraining staff, adjusting processes, or updating software settings. Regular audits and cross-checking with sales data help prevent future discrepancies.

To minimize stockouts, I use demand forecasting techniques and maintain a safety stock level. For overstock situations, I analyze sales trends and adjust reorder points. I also collaborate with the sales team to promote slow-moving items and negotiate better terms with suppliers to manage excess inventory.

In a fast-paced environment, I prioritize regular cycle counts and real-time data entry to maintain accuracy. I also implement barcode scanning and RFID technologies to streamline inventory tracking. Clear communication and training for all team members are crucial to ensuring everyone follows the same procedures.

In my previous role, I identified inefficiencies in the inventory replenishment process that led to frequent stockouts. I implemented a just-in-time inventory system, which reduced carrying costs by 15% and improved order fulfillment rates. This change also allowed us to free up warehouse space for other uses.