Inventory Operations Analyst 3

Summary:  Plays a crucial role in overseeing and optimizing the flow of goods within the organization, ensuring accurate inventory control, and maintaining optimal stock levels. This position takes a leadership role in the execution of the ABC cycle count process, conducting more advanced inventory and planning, and developing analytics that drive inventory management decisions. The Operations Analyst Level III will support management in inventory transactions, resolve complex discrepancies, and collaborate across departments to address supply challenges. Additionally, the role involves utilizing forecasting tools and techniques to maintain balance between demand and stock levels, helping prevent both overstocking and stockouts. The position requires expertise in inventory systems, process improvement, and a proactive approach to achieving inventory optimization.

Essential Functions:

• Cycle Counting & Accuracy: Oversee and ensure the accurate execution of ABC cycle counting, with a focus on high-value items and complex discrepancies.
• Inventory Analytics & Reporting: Analyze inventory data to provide actionable insights, develop KPIs, and suggest improvements to inventory management.
• Transaction Process Oversight: Manage inventory transaction processes, ensuring that cross-departmental systems work together to maintain accurate records.
• Inventory Demand Planning: Develop and implement inventory forecast techniques based on historical data, demand and sales trends.
• Inventory Control Strategy: Create and adjust strategies for maintaining optimal inventory levels, managing safety stock, and setting reorder points.
• Issue Resolution: Lead resolution efforts for significant inventory discrepancies, collaborating with cross-functional teams to find long-term solutions.
• System Optimization: Suggest improvements to inventory control systems and processes and assist with system updates and configuration.
• Inventory Plan Design: Create and implement inventory plans to meet both short-term and long-term business goals.
• Supply Coordination: Ensure alignment between supply, planning, and inventory management to prevent stockouts or overstock situations.
• Process Leadership & Mentorship: Train and guide junior analysts on inventory management best practices and cycle count procedures.

Qualifications:

·         Education: Bachelor’s degree or equivalent in Business Administration, Supply Chain, Logistics or Data Analysis related field.

·         Experience: 3-5 years of experience in inventory management, demand planning, or supply chain operations.

·         Advanced Software Proficiency: Expertise in inventory management systems (Microsoft Dynamics) and advanced knowledge of Microsoft Excel for analytics, MS Word. Power BI experience preferred.

·         Adaptability: Willingness to learn new processes and software.

Skills:

·         Demonstrated ability to analyze complex data and provide actionable insights.

·         Proven track record of resolving complex inventory discrepancies and implementing process improvements.

·         Strong verbal and written communication skills to engage with stakeholders.

·         Ability to forecast demand and optimize inventory levels in alignment with business objectives.

·         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.

·         Ability to lead a small team or mentor junior analysts.

·         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.