Inventory Operations Analyst 2

Summary: Responsible for supporting the efficient management of inventory flow within the organization. This position ensures the accuracy and integrity of inventory records through daily cycle counts, assisting in inventory transactions, and maintaining optimal stock levels. By following established processes and procedures, the Operations Analyst Level II will contribute to the timely resolution of inventory discrepancies, improve tracking mechanisms, and ensure accurate and real-time data entries. They will assist in demand planning, manage basic inventory control tasks, and provide support for generating periodic reports and analytics.

Essential Functions:

 ·         Cycle Counting & Accuracy: Perform daily ABC cycle counts to ensure inventory records reflect actual stock levels. Ensure compliance with cycle count and inventory control procedures in daily activities.

·         Inventory Discrepancy Resolution: Resolve discrepancies found during cycle counts, focusing on A-items with high value or usage. Find root causes and make the necessary adjustments to guarantee accurate inventory levels.

·         Registry System Management: Effectively manage and oversee the registry tool to ensure accurate daily counts by business unit. Continuously monitor the status of items (pending, counted, accurate, tolerance, acceptable, unacceptable) and utilize this data to generate and provide periodic performance KPIs.

·        Manage Inventory Levels: Monitor and maintain optimal inventory levels to meet business needs while minimizing excess stock.

·         Transaction Process Oversight: Work and assist with inventory transaction processes, ensuring that cross-departmental systems work together to maintain accurate records. Coordinate with stakeholders to ensure timely and accurate inventory replenishment.

·         Analyze Inventory Data: Evaluate inventory statistics to identify trends, discrepancies, and areas for improvement.

·         Stock Levels: Generate and manage raw material and finished goods replenishment to ensure adequate stock levels.

• Inventory Planning Support: Assist in planning inventory levels based on historical data and demand forecasts.
• Report Findings: Prepare and present inventory reports to management, providing insights and recommendations for inventory optimization.
• Improve Inventory Systems: Help develop and implement inventory control protocols to enhance efficiency and accuracy.
• Collaboration: Work with cross-functional teams, such as warehouse, operations, purchasing, to ensure inventory-related tasks are completed effectively.

• Education: Bachelor’s degree or equivalent in Business Administration, Supply Chain, Logistics or Data Analysis related field.
• Experience: 1-2 years of experience in inventory management, supply chain, or a related field is preferred.
• Software Proficiency: Familiarity with inventory management systems and MS Office (Excel, Word).
• Adaptability: Willingness to learn new processes and software.
• Skills:

§  Strong analytical and problem-solving skills.

§  Excellent communication and organizational abilities.

§  Proficiency in inventory management software and tools.

§  Attention to detail and accuracy.

§  Ability to work collaboratively in a team environment.

·         Additional Requirements:

§  Proficiency in data analysis and statistical methods.

§  Strong leadership and decision-making capabilities.

§  Ability to manage multiple tasks and prioritize effectively.

Physical Demands:

• Sitting and Standing: The role may require alternating between sitting and standing throughout the day.

• Walking: Frequent walking to different areas within the warehouse or office.
• Lifting and Carrying: Occasionally lifting and carrying items, typically up to 25 pounds.
• Reaching and Handling: Regular use of hands and arms to reach, handle, and manipulate objects.

• Keyboarding: Frequent use of a computer for data entry and analysis.
• Visual Requirements: Near vision for reading and working with computer screens; far vision for observing inventory and warehouse layout.

Working Conditions:

• Environment: Primarily an office setting with some time spent in the warehouse.
• Noise Level: Generally quiet in the office but can be moderate in the warehouse.
• Temperature: Controlled climate in the office; may vary in the warehouse depending on the season.
• Safety: Adherence to safety protocols when in the warehouse, including wearing appropriate personal protective equipment (PPE) as needed.