Inventory Optimization Specialist
5 days ago
Job Summary:
We are seeking an experienced Inventory Analyst to join our team at Toys For Trucks. As an Inventory Analyst, you will play a critical role in monitoring and analyzing inventory levels across multiple warehouses, identifying trends, and providing strategic recommendations to optimize inventory management.
Key Responsibilities:
- Inventory Analysis: Analyze and maintain inventory levels to meet customer demand, monitor inventory movement through multiple warehouses in the US and Canada, and collaborate with Warehouse, Purchasing, and Pricing departments to optimize inventory levels and reorder points to meet market demand.
- Warehouse Operations: Track Warehouse fulfillment and shipping metrics for e-commerce platforms, ensuring on-time delivery and adherence to shipping policies, and understand Warehouse shipping, receiving, and returns processes.
- Inventory Risk Management: Identify inventory risk and recommend solutions to mitigate the risk, manage aged or stale inventory for liquidation or stock adjustments as needed, and pinpoint and resolve inventory stock out issues.
- Reporting and Analytics: Complete inventory reports to propose process changes, system improvements, and provide management with actionable insights, and analyze market demand, competition, and recognize growth opportunities.
Requirements & Qualifications:
- Bachelor's degree in Business Administration, Supply Chain Management, or related field or 2+ years of applicable experience.
- Advanced Microsoft Excel skills for data analysis, creating reports, and managing large datasets.
- Ability to work independently and collaborate effectively with multiple departments.
- Strong verbal and written communication skills, strong analytical and problem-solving skills, and excellent organizational skills.
- Knowledge of logistics and e-commerce marketplace inventory operations is preferred, and detail-oriented approach with a focus on continuous improvements.
Compensation:
Base Salary: $22-$25/hour depending on experience, benefits include weekly pay, bonus/commission potential, paid holidays, health insurance, 401K plan, and employee discount.
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