Inventory Analyst

PRAB•Kalamazoo, MI

22d

About The Position

The Inventory Analyst monitors and reports on company inventory levels. The role develops inventory tracking systems, reviews supplies and order plans, and performs daily analysis to help optimize inventory control. It reports to the Purchasing and Material Control Manager.

Requirements

Bachelor’s degree in business administration, finance, or a relevant field.
A minimum of 5 years’ experience in a similar role.
Solid knowledge of data analysis, inventory management software, and forecasting techniques.
An analytical mind with strong attention to detail.
Strong proficiency in Microsoft Office.
Outstanding organizational and problem-solving skills.
Excellent communication and leadership abilities.

Responsibilities

Design and implement an inventory tracking system to optimize inventory control procedures.
Examine supply and raw material levels to determine shortages.
Develop or improve inventory management procedures.
Resolve discrepancies between physical counts and computer records.
Perform a complete inventory check of all stock and supplies once a year.
Lead cycle counting inventory throughout the year.
Research inventory-related reports, including previous inventory reports and purchasing trends.
Prepare detailed reports on inventory operations, stock levels, and adjustments.
Evaluate new inventory opportunities.
Update ERP records with relevant, current data.
Perform daily analysis to predict potential inventory problems.
Perform additional responsibilities as required.