Inventory Analyst

1 month ago


Lake Bluff, United States LHH Full time

The Inventory Analyst will work with Sales, Marketing, Sourcing and others in the materials function; take a lead role in reviewing forecasts, lead time movements, sales variations and special programs to determine the proper finished good inventory levels. Key individual for tracking and reporting on key business metrics like inventory cost, inventory turns and customer fulfillment.


Responsibilities:


  • Provides reporting and data processing support to drive improved control over inventory and develops thorough the understanding of inventory control and sourcing processes being followed
  • Works with all Supply Chain functions to develop, test, and implement new reporting, control systems, and processes.
  • Tracks and reports on the effects of changes in lead times on operations and inventory by identifying inventory turns, lead times, slow moving and obsolete inventory levels.
  • Effectively communicates and develops rapport with other departments (sales and marketing), working towards ongoing improvement of forecasting accuracy.
  • Participates in regular planning reviews and prepares data/reports pertaining to inventory central for reviews by playing key role in reporting key metrics and participating in root cause and corrective actions required to achieve organizations goals.
  • Develops/maintains all inventory analytics
  • Performs other duties as assigned.


Qualifications:


  • Preferably three years of inventory management experience.
  • Strong communication and analytical skills.
  • Ability to multitask and make independent decisions.
  • Comfortable in a fast-paced environment.
  • Proficiency in Microsoft Excel and MRP/ERP systems is a plus.


Benefits Include: 401k, Medical, Dental, Vision and hybrid work schedule


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