Inventory Analyst

Main Responsibilities

• Review historical sales trends, research demand drivers, prepare forecast data, develop statistical forecast models, and evaluate forecast results.
• Utilize a collaborative and consensus approach by working with Sales, Marketing and Finance to obtain and ensure that current and accurate information is used for demand forecasts.
• Provide input to the company in developing inventory strategies on existing items, new products, and product phase-outs.
• Maintain and update the demand planning spreadsheet, tools, and software.
• Manage and lead monthly purchasing meeting (ICS) and confirm placement of purchase orders are accurate and timely.
• Maintain minimum inventory levels across all warehouses.
• Plans and communicates suggested intercompany transfers.
• Evaluating business processes, anticipating requirements, uncovering areas for improvement, and developing and implementing solutions
• Collaborates with production team and overseas offices to assist in determining factory placement and projections
• Evaluate and report demand planning activities to leadership.
• Performing requested analysis while gathering critical information from meeting with various stakeholders and producing useful reports.
• Communicate with operations, sales, and customer service to ensure any trends, or challenges are brought to their attention to maximize customer satisfaction.
• Ensure proper use and cleanup of buys/Purchase Orders in ERP.
• Create reports for better visibility of product flow to sales team.
• Create reports for better visibility of container flow to warehouses.

Secondary Responsibilities

• Staying up to date on the latest process and IT advancements to automate and modernize systems
• Communicating your insights and plans to cross-functional team members and management.
• Managing projects, developing project plans, and monitoring performance.
• Monitoring deliverables and ensuring timely completion of projects.

Characteristics

• Highly organized
• Excellent Communication Skills
• High integrity
• No job too small