Slotting

• The inventory manager must organize the inventory in the most efficient and accessible manner. This is called slotting and ensures that inventory can be reached and shipped quickly.
  
  

Controlling Shrinkage

• Inventory managers have the responsibility of keeping costs under control, which means minimizing shrinkage by ensuring that inventory is not stolen, destroyed, lost or counted incorrectly.
  
  

Technical Skills

• Modern inventory control systems are operated using various computer programs, so it is essential that the inventory control manager have a thorough understanding of hardware including desktop and handheld computers and barcode scanners.
  
  

Purchasing

• Some inventory managers are responsible for negotiating with vendors and purchasing inventory to replenish stock.
  
  

Education

• Many inventory management positions require a bachelor's degree.