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 implement corrective actions. This experience has equipped me with the skills to handle inventory management effectively and ensure optimal stock levels.

I prioritize tasks based on urgency and impact on the overall inventory process. For instance, I ensure that replenishment of critical items is done promptly to avoid stockouts. I also prioritize tasks that contribute to inventory accuracy, such as regular cycle counts and data entry. By using a systematic approach and leveraging technology, I can manage multiple tasks efficiently and maintain high levels of productivity.

To prevent inventory shrinkage, I implement robust controls and monitoring systems. This includes regular physical counts, strict access controls to storage areas, and training team members on best practices for handling inventory. I also use technology, such as barcode scanning and real-time inventory tracking, to minimize human error and theft. By fostering a culture of accountability and vigilance, I ensure that inventory shrinkage is minimized.

When discrepancies arise, I first conduct a thorough investigation to identify the root cause. This may involve reviewing transaction logs, cross-checking with purchase orders, and interviewing team members. Once the cause is identified, I take corrective actions, such as updating inventory records and implementing additional controls. I also document the incident and share lessons learned to prevent future occurrences. This systematic approach ensures that discrepancies are resolved promptly and effectively.

In my previous role, I noticed that the manual inventory tracking system was time-consuming and prone to errors. To improve this, I proposed the implementation of an automated inventory management system. After its adoption, we saw a significant reduction in errors and a 30% increase in efficiency. The new system also provided real-time data, enabling better decision-making and inventory planning. This experience demonstrated the value of leveraging technology to enhance inventory processes.