What are the responsibilities and job description for the Inventory Planning Analyst position at Dakota Supply Group?
- Factors that may be used to determine your actual salary include your job specific skills, education, training, job location, number of years of experience related to this role and comparison to other employees already in this role.
DSG is seeking two Inventory Planning Analysts within DSG's footprint, one for the East District and one for the West. As an Inventory Planning Analyst, you will be responsible be responsible for managing inventory levels and ensuring we have the right inventory at the right place and at the right time. This role will involve collaboration with various departments to align inventory strategies and intentions across the organization.
At DSG, we are dedicated to building futures one job at a time. Starting with yours. As an ESOP, we are a community of peers, first and foremost. And we focus on cultivating an environment of respect, teamwork and growth. Where your career path is rich with possibilities. Where every success is shared. And where every challenge is overcome together. For more than a century, we’ve delivered more than supplies, we’ve offered true partnership and valuable solutions. By continuing to empower the future of our vendors and customers, we will empower a future of ongoing success for all of us.
A Typical Day in the Life of an Inventory Planning Analyst at DSG:
- Monitor and analyze inventory levels, turnover rates, and demand forecasts to ensure optimal stock levels.
- Collaborate with purchasing, sales, segments, and operations teams to align inventory strategies with business objectives.
- Collaborate with branches to ensure proper inventory support and provide solutions to branch inventory and market challenges.
- Understanding and support of segment strategies to ensure inventory as an enabler.
- Develop and maintain inventory reporting systems to provide insights into inventory performance and trends.
- Conduct regular inventory audits to ensure accuracy and compliance with company policies.
- Establish routines and governance for regular inventory reviews.
- Implement best practices in inventory management, including just-in-time (JIT) strategies and safety stock optimization.
- Communicate effectively with stakeholders to ensure alignment on inventory strategies and initiatives.
- Identify opportunities for process improvements to enhance inventory efficiency and reduce costs.
- Ensure significant reduction in excess inventory by implementing efficiencies and overall tracking systems.
- Assist in the development of inventory planning tools and methodologies to support decision-making.
- Support the implementation of inventory management software and tools.
- All other duties as assigned
A Successful Inventory Planning Analyst Typically Has:
- Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
- Proven experience in inventory analysis or management within the wholesale distribution industry.
- Strong analytical skills and proficiency in data analysis tools and techniques.
- Excellent communication and interpersonal skills to collaborate with cross-functional teams.
- Ability to manage multiple tasks and projects in a fast-paced environment.
- Proficiency in inventory management software and Microsoft Excel.
- Proficiency in Eclipse, SparksIQ, EBA, and Power BI is preferred.
- Precise attention to detail
- Excellent verbal and written communication skills
At DSG, We Offer Benefits Built for You:
- We are proudly 100% employee owned, which means your hard work and decisions directly benefit not only the success of the organization, but also your individual Employee Stock Ownership Plan (ESOP).
- We are highly committed to your training and development, offering personal and professional development opportunities and unlimited growth potential.
- We offer competitive compensation packages based on your experience and potential.
- You will receive generous Paid Time Off (PTO) and Extended Medical Leave (EML) allowances.
- Our comprehensive benefits package, including medical, dental, and vision, also offers a multitude of other perks such as life insurance, short- and long-term disability, and a Health Savings Account (HSA) with employer contribution, among many others.
- We know the importance of family, and offer various family planning and childcare savings opportunities, including paid parental leave, adoption assistance, infertility assistance, and a Dependent Care Flexible Spending Account (FSA).
- Build your financial future through multiple retirement savings opportunities, including a 401(k) with employer match and ESOP.
- You will receive a discount on all DSG-supplied products.
- We believe in giving back to our communities and hope that you will too, which is why we offer paid volunteer hours in addition to PTO.
