Inventory Analyst

NTN Bearing Corporation•Schaumburg, IL

3d•Hybrid

About The Position

NTN is currently seeking an Inventory Analyst for our Mt. Prospect office. NTN Bearing Corporation (NBCA) has employment opportunities that will assist qualified candidates to achieve their desired goals. NTN is one of the world’s premier bearing manufacturers serving the automotive and industrial markets for over 100 years. Proven stability, growing sales, and career opportunities, are a few of the factors that set NTN apart.

Requirements

Solid understanding of inventory management techniques and systems
Proficiency using an ERP such as SAP or JD Edwards preferred
Proficiency using CRM system such as Sales Force
Knowledge and understanding of Procurement Operations
Intermediate Excel abilities are required, including V-lookups, pivot tables, conditional formatting, IF statements, charts & graph creation.

Nice To Haves

Bachelor’s Degree in Supply Chain Management, Logistics, General Management, or Industrial Engineering desirable
1-3 Years previous experience in Inventory Planning, Logistics, Customer Service or Procurement Operations preferred

Responsibilities

Ad-hoc analytical projects and process creation
Negotiate production with plant production control personnel, manage plant purchases to budget and provide analytical support for projects, new business opportunities, and proposals
Reviews and executes planned purchases as scheduled in order to ensure effective flow of inventory
Perform Inventory management analysis necessary to control inventory balances that will meet customer demand without unnecessary carrying cost
Support the demand planning process through forecast/alert review and system updates
Monitor backorders and take appropriate action to minimize recurrence
Responsible for recurring replenishment in an effort to maintain inventory levels that promote best in class fill rates, including scheduling work orders, transfers and inventory re-works