inventory analyst
Posted on
September 19, 2024
by
Employer details
Wallace & Carey
Job details
We are seeking a detail-oriented and analytical *Inventory Analyst* to monitor and manage our inventory levels while ensuring accuracy and efficiency across multiple locations. This role is essential in developing inventory control strategies, forecasting demand, and collaborating with various departments to optimize stock levels. The Inventory Analyst will play a key role in maintaining the right level of inventory to meet customer demand without overstocking.
*Key Responsibilities:*
*Inventory Monitoring and Analysis:*
* Track and analyze inventory levels across multiple locations and warehouses.
* Conduct regular data analysis to identify trends and discrepancies.
* Monitor stock levels and report findings to department buyers.
* Prepare and present detailed inventory reports to management for decision-making.
*Inventory Forecasting and Planning:*
* Collaborate with procurement, category managers, manufacturers, and sales teams to forecast demand based on historical data and promotional activities.
* Develop and implement inventory replenishment strategies to optimize stock levels.
* Adjust inventory forecasts to meet company goals for fill rates and inventory turnover.
*Process Improvement:*
* Identify inefficiencies in inventory management processes and suggest improvements.
* Work closely with procurement teams to enhance the overall supply chain.
* Implement and enforce inventory control procedures to ensure efficient transfers between facilities.
*Cost Management:*
* Analyze inventory-related costs, including carrying costs, ordering costs, and stockouts.
* Recommend strategies to minimize costs while ensuring appropriate inventory levels.
*Data Management:*
* Review and provide insights on inventory transfers between facilities to optimize operations.
* Manage and maintain the integrity of inventory databases.
* Utilize ERP systems or inventory management software to track and control stock levels.
*Coordination and Communication:*
* Liaise with vendors, suppliers, and internal departments to ensure smooth inventory replenishment processes.
* Coordinate with warehouse staff to ensure timely and accurate stock transfers.
* Communicate inventory status and potential issues to relevant stakeholders to ensure proactive management.
*Qualifications:*
* Bachelor?s degree in Supply Chain Management, Business, Finance, or a related field.
* Minimum of 2+ years of experience in inventory management, supply chain, or data analysis.
* Proficiency in ERP systems and inventory management software such as SAP, Oracle, or NetSuite.
* Advanced skills in Microsoft Excel and other data analysis tools.
* Strong analytical and problem-solving abilities with the capacity to interpret complex data.
* Excellent communication skills and the ability to collaborate across teams.
* High attention to detail with strong time management and multitasking skills.
* Solid understanding of supply chain principles and demand forecasting techniques.
*Preferred Qualifications:*
* Experience in distribution, retail, or manufacturing environments.
* Familiarity with Lean, Six Sigma, or other process improvement methodologies.
* Experience with advanced data analysis tools such as Power BI, Tableau, or SQL.
*What We Offer? *
* Competitive salary and benefits package.
* Opportunities for professional development and advancement.
* Vibrant company culture with regular team events and a focus on teammate wellness.
*Why Join Us?* We offer an innovative work environment with opportunities for growth and career development. If you?re passionate about optimizing inventory processes and want to be part of a dynamic team, we encourage you to apply.
Job Types: Full-time, Permanent
Benefits:
* Company events
* Dental care
* Disability insurance
* Discounted or free food
* Employee assistance program
* Extended health care
* Life insurance
* On-site parking
* Wellness program
Flexible language requirement:
* French not required
Schedule:
* Monday to Friday
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LocationCalgary, AB
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Workplace information
On site
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SalaryNot available
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Terms of employment
Permanent employmentFull time
- Start date
Starts as soon as possible
- vacancies
1 vacancy
- Source
indeed.com
#9452927770
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