Inventory Analyst

Dover Corporation•Elon, NC

6d•Onsite

About The Position

The Inventory Control Analyst maintains inventory accuracy, optimizes inventory performance, and drives continuous improvement across four operating locations managing approximately 7,000 SKUs. The position supports inventory integrity, operational efficiency, service levels, reduction of excess and obsolete inventory, and root-cause resolution of inventory discrepancies. It is based onsite at OPW’s Burlington distribution center, with a typical Monday–Friday schedule of 7:00 a.m. to 4:00 p.m. Overtime may be required, and travel to a North Carolina facility outside the Triad area may be required up to 10% of the time. The role involves inventory analysis and segmentation, discrepancy investigation, cycle-count program management, inventory-health monitoring, reporting, and collaboration with Operations, Purchasing, Planning, Warehousing, Manufacturing, IT, and Supply Chain teams. It also supports annual physical inventory, external audits, ERP enhancements, and inventory-related system implementations.

Requirements

Bachelor’s degree in supply chain management, business, operations management, finance, industrial engineering, or a related field preferred; equivalent experience is considered.
3–5 years of hands-on experience in inventory control, inventory analysis (ABC/XYZ), supply chain analytics, physical inventory, or materials management; manufacturing experience preferred.
Experience managing large SKU portfolios across multiple locations; 5,000+ SKUs preferred.
Demonstrated experience conducting root-cause investigations and implementing corrective actions.
Strong proficiency in Microsoft Excel, ERP systems, and BI tools.

Nice To Haves

APICS CPIM certification (Certified in Planning and Inventory Management).
APICS CSCP certification (Certified Supply Chain Professional).
Lean Six Sigma Green Belt or Black Belt.
Experience supporting organizations with annual revenues exceeding $250 million.

Responsibilities

Maintain and improve inventory accuracy across four facilities containing approximately 7,000 active SKUs.
Monitor inventory transactions, adjustments, cycle-count results, and inventory reconciliations.
Analyze inventory variances and investigate discrepancies between physical inventory and ERP records.
Partner with Operations, Purchasing, Planning, Warehousing, and Manufacturing teams to correct inventory inaccuracies.
Develop and maintain inventory-control procedures, policies, and audit processes.
Conduct ABC analysis based on annual consumption value and inventory investment, and perform XYZ analysis based on demand variability and forecast predictability.
Develop inventory-management strategies for inventory segments and recommend safety-stock adjustments, reorder parameters, and stocking strategies.
Collaborate with Supply Planning teams to optimize inventory levels and working capital.
Lead investigations into inventory discrepancies, shortages, negative inventory balances, stockouts, and excess inventory.
Use structured problem-solving methods, including A3/5 Why Analysis, Fishbone diagrams, Pareto Analysis, FMEA, and CAPA.
Identify systemic process failures and implement sustainable corrective actions.
Drive initiatives to improve inventory accuracy, reduce shrinkage, and improve transaction discipline.
Develop and manage ABC-based cycle-count programs, analyze results, identify recurring issues, and ensure counts are executed consistently across locations.
Track and report inventory accuracy metrics by site, warehouse, and product family.
Monitor excess, obsolete, and slow-moving inventory; safety-stock levels; days of supply; and inventory turns.
Recommend ways to improve inventory performance and reduce carrying costs.
Support inventory-reduction and working-capital improvement initiatives.
Develop dashboards and KPIs to measure inventory performance across locations.
Prepare weekly and monthly inventory reports for Supply Chain and Operations leadership, and analyze trends to provide data-based recommendations.
Support annual physical inventory and external audit requirements.
Support ERP enhancements and inventory-related system implementations.
Collaborate with IT and Supply Chain teams on inventory data governance.