What are the responsibilities and job description for the Inventory Analyst position at Arrow Distributing Inc?
Description
Job Summary
We are seeking a detail-oriented and analytical Inventory Analyst to join our RV Parts Distribution Warehouse team. The Inventory Analyst will be responsible for managing and optimizing inventory levels, ensuring accurate stock records, and supporting efficient warehouse operations. This role requires strong organizational skills, data analysis expertise, and a proactive approach to maintaining inventory accuracy for RV parts and accessories.
Key Responsibilities
- Inventory Monitoring: Track and analyze inventory levels of RV parts, identifying discrepancies, overstock, or shortages.
- Data Analysis: Generate reports on inventory trends, turnover rates, and stock performance using warehouse management systems (WMS) and Excel.
- Cycle Counts: Conduct regular cycle counts and physical inventories to ensure stock accuracy; reconcile variances with warehouse records.
- Order Management: Collaborate with purchasing and sales teams to forecast demand and recommend reorder quantities for RV parts.
- Process Improvement: Identify inefficiencies in inventory processes and propose solutions to enhance accuracy and operational efficiency.
- Stock Organization: Ensure proper labeling, storage, and categorization of RV parts within the warehouse for easy retrieval.
- Compliance: Maintain adherence to company policies, safety standards, and inventory control procedures.
- Vendor Coordination: Work with suppliers to resolve delivery or quality issues affecting inventory.
Requirements
Qualifications
- Education: Bachelor’s degree in Business, Supply Chain Management, or a related field (or equivalent experience).
- Experience: 1-3 years of experience in inventory management, preferably in a warehouse or distribution environment. Experience with RV parts or automotive components is a plus.
Skills
- Proficiency in inventory management software (e.g., WMS, ERP systems) and Microsoft Excel (pivot tables, VLOOKUP, etc.).
- Strong analytical and problem-solving abilities.
- Excellent attention to detail and organizational skills.
- Ability to work in a fast-paced environment and manage multiple priorities.
Physical Requirements: Ability to lift up to 50 lbs and stand/walk for extended periods during inventory counts.
Preferred Qualifications
- Knowledge of RV parts, accessories, or the recreational vehicle industry.
- Experience with demand forecasting or lean inventory practices.
