Inventory Analyst
5 days ago
Job Type: Full-Time
About the Role
This position plays a critical role in managing and optimizing inventory processes while collaborating closely with the accounting and quality assurance teams. The ideal candidate will have experience in a manufacturing environment and be skilled in using ERP systems for inventory tracking and management.
Key Responsibilities
- Inventory Management:
- Monitor and maintain accurate inventory levels to ensure alignment with production and customer demands.
- Analyze inventory variances, investigate discrepancies, and propose corrective actions.
- Conduct regular cycle counts and physical inventory audits.
- ERP System Utilization:
- Use the ERP system to track and update inventory records digitally.
- Identify and resolve system-related inventory issues, ensuring data accuracy.
- Collaborate with IT to optimize ERP functionality for inventory management.
- Cross-Functional Collaboration:
- Partner with the accounting team to reconcile inventory reports and support month-end close activities.
- Work with the quality assurance team to address inventory issues related to product quality and compliance.
- Provide inventory insights to production, procurement, and sales teams to aid decision-making.
- Process Improvement:
- Evaluate current inventory procedures and identify opportunities for efficiency and accuracy.
- Develop and implement best practices for inventory tracking and reporting.
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field preferred.
- 2+ years of experience in an inventory-focused role within a manufacturing environment.
- Proficiency in using ERP systems for inventory tracking (e.g., SAP, Oracle, NetSuite, or similar).
- Strong analytical and problem-solving skills with attention to detail.
- Excellent communication and interpersonal skills for cross-department collaboration.
- Advanced proficiency in Microsoft Excel and other inventory management tools.
- Experience with lean manufacturing or just-in-time (JIT) inventory practices.
- Knowledge of accounting principles related to inventory management.
- Familiarity with quality assurance processes in a manufacturing environment.
- Competitive salary and benefits package.
- Opportunity to work in a dynamic and collaborative manufacturing environment.
- Professional development and career growth opportunities.
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