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Supply Chain Analyst
2 months ago
Job Summary :
The Supply Chain Analyst position will be responsible for maintaining vendor relationships, Purchase Order management, analyzing inventory trends and maintaining appropriate stock levels. Maximizing inventory productivity, with the overall optimization of our supply chain.
Essential Responsibilities:
Develop effective forecast models based on historical sales data, demand patterns, industry trends and extrinsic data. Analyzes product lifecycle from introduction, promotions, discontinuation, and close-out.
Manage stock levels to ensure items are fully stocked based on sales and projections.
Monitor abnormal demand, present suggestions to adjust the forecast: prevent reoccurrence, maximize customer service and minimize excess inventory.
Containerize purchase orders for established quantities and present them for approval.
Drive data integrity including identifying and acquiring missing information.
Manage vendor relationships: Provide 90 Day Forecast, Monitor In Stock % to goal, identify future inventory risks due to production, develop production plans to ensure timely product shipments.
Analyzes and presents suggestions for proper inventory flow including demand planning & forecasting, setting reorder points, and performing pricing analysis.
Maintain open purchase orders, inbound delivery scheduling, posting receipt of goods, verifying shipments received against vendor’s invoice and landed cost accruals.
Monitor pending purchase orders. Input changes, deletions, and additions to avoid transit delays and disruptions to inventory levels.
Perform regular cost analysis on freight spend and optimization. Source and present new vendors or cost savings opportunities.
Create reports and data visualizations to guide decision-making across the supply chain team.
Liaison with the Operations, Finance, Sales, and Product team on future inventory requirements.
Maintains regular communication with international suppliers, and various Supply Chain vendors.
Identify and present areas of opportunity, improved practices or workflows. Draft and maintain SOPs.
Perform additional duties as required and or requested.
Minimum Requirements:
Bachelor's degree (B.A./B.S.) in Business, Finance, Supply Chain Management, Economics from a four-year college or university plus 2 years of applicable experience; or 4+ years of equivalent work experience
Strong interpersonal, verbal and written communication skills
Strong mathematical, analytical, organizing, planning, prioritizing and multi-tasking skills required.
Comprehensive working knowledge of all Microsoft Office Products including MS Word, MS Outlook and advanced proficiency in Excel.
Knowledge of BI tools (like Power BI, Tableau, etc.) will be advantageous but not required.
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