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Inventory Management Analyst

2 months ago

Cherry Hill, New Jersey, United States LASSONDE PAPPAS AND CO INC Full time
Job Overview

Lassonde Pappas & Co. stands as a prominent name in the beverage manufacturing sector, committed to ensuring satisfaction for our team members, customers, and consumers alike. Our dedication to our roots and values reflects in our hardworking and caring teams. Since our inception in 1942, we have been delivering exceptional products nationwide.

To uphold our commitment to customer satisfaction, we prioritize assembling a top-tier team by fostering an inclusive environment that celebrates our diverse workforce. If you possess a passion for customer service, reliability, and a commitment to continuous improvement, we invite you to consider joining our team.

We prioritize the overall wellbeing of our employees. Our comprehensive benefits program includes medical, dental, and vision coverage options, opportunities for growth and development, as well as 401-K, Life & Disability Insurance, PTO, Tuition Reimbursement, Health Fairs, Gym Membership Discounts, and much more.

POSITION SUMMARY

Reporting to the Inventory Manager for Finished Goods, the Inventory Control Analyst is responsible for analyzing and reporting on internal and external finished goods to ensure product availability aligns with customer demand. This role involves evaluating current inventory levels, production cycles, and sales forecasts to establish reorder points. The analyst will also manage the disposition of at-risk inventory and oversee the liquidation of outdated stock.

Key Responsibilities include:

  • Monitor and report on forward coverage levels by analyzing inventory quantities, production, and sales volumes.
  • Implement processes to achieve target inventory levels while maintaining service standards.
  • Track and report on slow-moving, excess, and waste inventory.
  • Manage waste inventory processes, analyze root causes of inventory-related issues, and collaborate with the supply chain team to drive resolutions.
  • Ensure proactive waste inventory management processes are in place.
  • Analyze and report on inventory targets monthly.
  • Coordinate with manufacturing sites and distribution centers to execute inventory transfers that meet fill rates and service objectives.
  • Generate weekly and monthly reports on finished goods inventory positions, liabilities, and write-offs.
  • Oversee the disposition and liquidation of outdated inventory while minimizing cost impacts.
  • Collaborate with plants to prioritize addressing non-nettable inventory and report metrics tracking performance against inventory turn goals.
  • Identify and analyze opportunities for optimizing the finished goods network.
  • Work alongside demand and production planning teams to achieve inventory, distribution, and service goals.
  • Develop process improvements to meet departmental objectives.
  • Track and report established inventory KPIs and innovate new KPIs as needed.
  • Optimize and automate inventory reporting processes, utilizing advanced Excel skills for analytical support.
  • Plan and complete assigned tasks within established deadlines.
  • Perform other related duties as assigned.

EDUCATION AND EXPERIENCE

Minimum Required Qualifications:

  • Bachelor's Degree; 1-3 years of relevant experience preferred.
  • Strong organizational skills and meticulous attention to detail.
  • Results-oriented with excellent communication and problem-solving abilities.
  • Proven experience in data analysis and achieving measurable outcomes.
  • Demonstrated proficiency in technology and database management.
  • Advanced Excel skills, including formulas, pivot tables, and V-lookup.
  • Intermediate knowledge of inventory management software (ERP).
  • Able to multitask and thrive under pressure in a dynamic environment with shifting demands.
  • Excellent written communication skills for reports and presentations.
  • Professionalism to collaborate effectively across various organizational levels.

Additional Preferred Qualifications:

  • Experience in the food and beverage industry.
  • Experience in a manufacturing or production environment.
  • Proven organizational skills.
  • Able to direct, coach, and train others.
  • Consultative, influential, strategic thinking, and problem-solving skills.

PHYSICAL REQUIREMENTS & WORKING CONDITIONS

This position requires sufficient physical ability to work in a typical office environment.

FREQUENT: Sitting, neck flexion, fine finger dexterity, light to moderate finger pressure for extended periods of keyboard and mouse use, side-to-side neck movement, walking, and standing.

OCCASIONAL: Squatting, kneeling, reaching above and at shoulder height, moderate grasping to handle reference materials.

VISION: Ability to see close objects, such as computer screens, for extended periods with or without correction.

HEARING: Ability to hear within the normal audio range with or without correction.

This job description is not intended to be an exhaustive list of responsibilities. Other duties may be assigned as necessary. The conditions described herein are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform essential job functions.

Lassonde Pappas & Co., Inc. is an equal opportunity employer, prohibiting discrimination and harassment of any kind without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all employment terms and conditions, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.