Inventory Levels

• The inventory control employee is responsible for monitoring and maintaining acceptable levels of inventory. He must report shortages to procurement for replenishment as well as production. The inventory control employee must follow company standards and rules regarding inventory levels and age.
  
  

Inventory Handling

• The inventory control person is responsible for managing, storing and labeling inventory so that it easy to recover. This can be done through a slotting, stacking or organizing system that can be understood by everyone. It is critical that the system employed by the inventory control employee is simple and effective. Easy access to required inventory means less downtime and confusion for the end user, whether it be manufacturing or a retail sales agent.
  
  

Internal Support

• Provide customer service support to the sales staff. To create current inventory level reports and availability for sale reports top the sales staff. It is important that a sales agent does not sell what the company does not have. He is to provide support to purchasing by reporting current inventory levels that are below the required levels.
  
  

Inventory Policies

• To implement and follow the company policy in regard to breakage, obsolescence and loss, the inventory control employee is required to prevent loss and breakage when possible. He needs to assist in the development of policies and procedures that secure the inventory from damage. He prepares reports in regards to loss and breakage. These reports, over a period of time, can establish trends than can be used to make better inventory purchasing decisions.
  
  

Shipping and Receiving

• The inventory control agent is responsible for assisting in the receiving and shipping of inventory into and out of the company warehouse. The inventory reports are matched against shipping and receiving reports to create an audit trail. This helps loss prevention deter and uncover potential theft and misuse. They are to assist loss prevention departments with any investigation when required.
  
  

Inventory Counts

• This position is in charge of conducting the actual inventory count. This process may be done monthly, quarterly or annually. This, too, creates an audit trail and allows the company to verify its inventory numbers against its actual physical inventory. This process helps internal auditors determine the effectiveness of the inventory policies.