About Us:
Krayden Inc. is a leading, technical distributor that partners with the industry's premier suppliers to deliver engineered solutions, customized support, and best in class responsiveness to our customers.
- Products that perform: We supply specialty engineered solutions from premier suppliers, that enable our customers to push the envelope of innovation.
- Knowledge that serves: We provide technical knowledge & best-in class customized support to engineers & buyers of CM's/OEM's.
- Service that delivers: We have created a general distribution network to assist customers deliver on their desired outcomes.
Job Summary:
The Inventory Specialist plays a key role in managing the procurement and inventory processes to ensure timely availability of parts and materials. This position supports operational efficiency by maintaining accurate records, optimizing inventory levels, and collaborating across departments to resolve discrepancies and meet customer needs.
Job Responsibilities:
Procurement & Inventory Management
• Source and purchase parts and materials to meet order requirements and maintain optimal inventory levels.
• Monitor and expedite purchase orders to ensure timely delivery and appropriate lead times.
• Verify that all materials meet required specifications; coordinate with vendors for specification approvals when needed.
• Manage returns to manufacturers and ensure accurate documentation.
Data & System Maintenance
• Maintain accurate purchasing records, including purchase orders and reports.
• Update ERP system with current cost data and part/material information.
• Ensure purchasing files are organized and up to date.
Problem Resolution & Collaboration
• Identify and resolve issues related to purchasing or inventory discrepancies.
• Work closely with internal departments to address and resolve cross-functional challenges.
• Provide prompt and courteous responses to internal and external inquiries.
Vendor Relations
• Build and maintain professional relationships with suppliers and vendors.
• Ensure all transactions, including purchase orders and returns, are processed within required timeframes.
General Duties
• Participate in meetings and contribute to team initiatives.
• Support special projects and perform additional duties as assigned.
• Uphold company standards and procedures, including compliance with AS/ISO and applicable regulations.
• Represent Krayden, Inc. professionally in all communications, including phone interactions.
• Data Driven Procurement - Based on Numbers no just orders placed. Trends, Seasonality, Historical Data, MOQs, EOQ - Economic Order Qty, OOQ - Optimal Order Qty
• Manage with our vendors to have 7Rs - Right Product, Qty, Paperwork, Place, Time, Vendor, Price/Cost
• Import Paperwork on time: o Air Freight: Shipment Day or the day after for those that are not delivered next day. o Ocean Freight: Same day of Vessel Departs o Ground Freight: Shipment Day, latest one week prior Import
• Maintain compliance with company policies and regulatory standards (AS/ISO, TCP, Export Control).
• Perform other duties and cross-functional support as assigned.
Qualifications:
- Associates or Bachelor's is a plus
- Proficiency in Microsoft Office Suite (especially Excel for data analysis and reporting).
- Excellent attention to detail and ability to maintain accurate purchasing and inventory records.
- Strong written and verbal communication skills for professional correspondence with vendors and internal departments.
- Problem-solving mindset with the ability to resolve purchasing and inventory discrepancies efficiently.
***This job description is intended to be a general description of the duties and responsibilities of this position. It is not necessarily all encompassing and job responsibilities are subject to change in response to legitimate business needs or practices.***