What are the responsibilities and job description for the Inventory Analyst position at Ubest Development Inc?
Focus :
Analyzing inventory data to identify trends, optimize stock levels, and improve overall inventory performance.
Key Responsibilities :
Analyzing inventory data to identify areas for improvement, such as excess stock, slow-moving items, and stockouts.
Developing and implementing inventory control strategies, such as ABC analysis, demand forecasting, and safety stock calculations.
Monitoring key performance indicators (KPIs) related to inventory, such as inventory turnover, days of sales outstanding, and fill rate.
Identifying and mitigating inventory risks, such as obsolescence and theft.
Providing recommendations for improving inventory accuracy and efficiency.