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Regional WC Inventory Analyst

3 months ago

Houston, United States NOV Full time
JOB DESCRIPTION

PRIMARY RESPONSIBILITIES

  • Perform 12 block segmentation analysis to categorize and assess inventory.
  • Generate and review cancellation reports to identify and address inventory discrepancies.
  • Maintain the NIMD - Transactional Health Scorecard to monitor and report on inventory health.
  • Oversee NIMD - Inventory Relocation to optimize inventory distribution and availability.
  • Develop and track key inventory metrics to ensure efficient inventory management and lower inventory levels.
  • Conduct Work In Progress (WIP) aging reviews to identify and mitigate potential delays and obsolescence.
  • Provide monthly analysis of inventory health, highlighting key issues and trends.
  • Prepare comprehensive monthly and quarterly summaries focused on inventory impacts and actions related to raw materials (RM), finished goods (FG), work in progress (WIP), gross inventory, and net inventory.
  • Facilitate 10 to 12 reduction exercises annually to minimize WC inventory levels.
  • Support Demand-Driven Operating Model (DDOM) initiatives to align inventory with business needs and reduce excess.
  • Review redeployment opportunities with various locations and push them to move items, ensuring optimal utilization of inventory across the organization.
  • Collaborate with cross-functional teams to implement inventory strategies and improvements.
  • Assist in other activities aimed at drawing down the WC inventory, ensuring alignment with overall business objectives.
  • Travel as and when required.
  • Ensure all company policies surrounding purchasing, health & safety, quality requirements and housekeeping are met.
  • Fully accountable for achieving all relevant KPIs.
  • Any other duties that may be required from time to time commensurate with the grade of the job.


EDUCATION & EXPERIENCE QUALIFICATIONS

  • Bachelor's degree in a quantitative field such as Statistics, Mathematics, Computer Science, or related fields.
  • 5+ years of relevant experience is preferred in lieu of degree.
  • Experience in coordinating and managing projects related to inventory management and data cleanup.
  • Experience in managing inventory relocation and optimizing inventory distribution.
  • Experience in conducting WIP aging reviews and inventory health assessments.
  • Advanced knowledge of ERP Systems.
  • Advanced skills in Microsoft Office Suite and particularly Excel and Power Point.
  • Familiarity with some data visualization tools such as PowerBI, Tableau, Incorta, Cognos in an administrative capacity.
  • Proficiency in segmentation analysis and generating detailed reports.
  • Proficiency in preparing and presenting detailed monthly and quarterly inventory reports.


JOB REQUIREMENTS

  • Ability to pass a drug screen & background check.
  • Must be flexible to travel 10-20% of the time.
  • Strong organizational and time management abilities. Self-motivated.
  • Must be able to work under pressure to achieve deadlines.
  • Attention to detail and a commitment to quality.
  • Ability to facilitate inventory reduction exercises and support DDOM initiatives.
  • Must be willing to provide colleagues with the information they need to complete their tasks and eliminate roadblocks (Informing Others).
  • Must be capable of managing multiple priorities and projects at the same time.
  • Superior interpersonal and communication skills.
  • Excellent verbal and written communication skills
  • Ability to collaborate effectively with cross-functional teams and various locations.
  • Must be both confident and professional when representing the company in person and in writing.
  • Ability to meet or exceed standards as established by the department.
  • Ability to adapt and be cross-trained to learn all job duties.


COMPETITIVE BENEFITS (visit usbenefits.nov.com for more information about our benefits offerings)

  • 401(k) Retirement Plan - NOV matches every dollar up to 5% of base pay and overtime for every dollar you invest.
  • Competitive medical plans that cover your entire family (yourself, eligible spouse, and eligible children) as of your first date of hire for as little as $125 per pay period (bi-weekly).
  • FREE preventative medical and dental care for the entire family (when enrolled in an NOV medical/dental plan and seeing an in-network physician).
  • FREE Basic Life and AD&D insurance (for full-time employees).
  • All regular full-time employees start with 3 weeks of paid vacation per year (prorated based on start date).
  • All regular full-time employees receive up to 11 paid holidays per year.