Inventory Analyst

Job Description

Voted as Fastest Growing Company in Dayton, Ohio Region by Dayton Business Journal!

At our core, Accelevation LLC is about accelerating innovation. From the beginning, a driving force in our corporate culture has been curiosity and out-of-the-box thinking. We are a dynamic and fast-growing company that offers a competitive salary, paid vacation, and a robust benefits package including a 401(k)-retirement plan and company match. In the past 18 months, we have grown from 100 employees to nearly 400! We offer the opportunity to be a part of something different, collaborative, and exciting. We value those who bring fresh ideas, thrive on change, and are comfortable with growth. In this role, we are looking for someone who brings fresh ideas and is comfortable with growth.

The Inventory Analyst is responsible for ensuring inventory accuracy, optimizing stock levels, and supporting data-driven decision-making to improve operational efficiency. This role focuses on developing robust inventory control policies, implementing process improvements, and collaborating across departments to align inventory strategies with overall business objectives.

Essential Duties And Responsibilities

• Oversee inventory accuracy and maintain real-time stock visibility through advanced inventory control systems.
• Develop, enforce, and audit inventory control policies, including cycle counts, stock audits, and reconciliation processes.
• Analyze inventory turnover, lead times, and demand forecasts to balance availability with cost efficiency, minimizing stockouts and overstocking.
• Monitor and adjust inventory levels to optimize stock efficiency and reduce excess inventory.
• Use advanced data analytics to evaluate inventory trends, stock movement, and usage patterns.
• Maintain and update ERP systems to ensure alignment between inventory data and production schedules.
• Collaborate with IT and operations teams to implement ERP enhancements and address system-related issues.
• Identify and execute process improvement initiatives to enhance inventory management efficiency and accuracy.
• Standardize workflows to ensure consistency and adherence to best practices across all inventory activities.
• Provide training to staff on inventory management systems and processes to foster accuracy and accountability.
• Ensure compliance with company policies, industry regulations, and inventory management best practices.
• Work with finance to align inventory control with budgeting, cost-saving initiatives, and financial reporting.
• Collaborate with procurement, production, sales, and logistics teams to synchronize inventory strategies with broader supply chain objectives.
  
  

Minimum Qualifications (knowledge, Skills, And Abilities)

• In-depth knowledge of inventory management principles, supply chain processes, and demand forecasting.
• Proficiency in data analysis tools like Excel and Power BI, with an analytical mindset to interpret and act on data.
• Strong organizational and problem-solving skills, with attention to detail and a focus on implementing effective solutions.
• Effective communication and collaboration skills to work across cross-functional teams and leadership.
• Adaptable, results-oriented, and proactive in addressing challenges in dynamic, fast-paced environments.
  
  

EDUCATION/CERTIFICATIONS

• Bachelor’s degree in Supply Chain Management, Business Administration, Operations Management, or a related field is required.
• Equivalent work experience may be considered.
  
  

KEY CHARACTERISTICS

This professional must consistently demonstrate the core value of the organization:

• Judgement
• Safety
• Accountability
• Speed
• Fearless Innovation
• Inclusion
  
  

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions. While performing the duties of this position, the employee is required to hear, speak and exchange information with fellow employees.

OFFICE-ORIENTED

• Work is performed in an office environment and requires the ability to operate standard office equipment including laptops, keyboards, monitors and phones.
• The employee is required to sit at a desk/work area for extended periods of time.
• The employee is frequently required to stand, walk, sit and reach with hands and arms.
• The employee is required to have close visual acuity to perform activities such as viewing a computer terminal; preparing and analyzing data and figures; transcribing; extensive reading.
• The noise level in the work environment is usually moderate.
  
  

NOTE

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.

The company is an Equal Opportunity Employer, drug-free workplace, and complies with ADA regulations as applicable.