Inventory Analyst

American Electric Power•Pataskala, OH

1d•$63,496 - $79,369•Onsite

About The Position

The Inventory Analyst assists in developing, implementing, and maintaining all of the procedures and protocols in regard to proper inventory control for the purpose of maintaining accurate financial information and optimal inventory levels. The primary responsibility is to research past usage trends and stay informed of current usage trends that may influence inventory demand. Additional duties include performing yearly audit functions and proving that all products were bought, handled, and sold in compliance with rules and regulations.

Requirements

Bachelor's degree in Business Administration, Supply Chain/Procurement, Business Management, or related field or Associate's Degree (in one of the same disciplines) and two years of applicable experience or a High School Diploma/GED and four years of Supply Chain experience.
Two years of experience in Supply Chain, or applicable business experience, including inventory work, material coordination duties or similar position.
Actively promote and support the company's Accident Prevention and Safety and Health programs.
Show an ability to work on teams, pay close attention to detail and notice discrepancies regarding inventory and finances.
Communicate well with others, and possess strong written and oral communication skills.
Possess strong analytical skills, and demonstrate ability to work with computers and maintain databases effectively.
At times, off-hour availability may be necessary to provide assistance for any emergency material requirements for service restoration or planned/unplanned outages.
Some required travel when necessary.

Responsibilities

Partners with the purchasing department to ensure that all orders processed are required to maintain inventory optimization.
Review existing stock levels during replenishment and revise based on changes in lead time and/or demand or stocking strategies.
Monitor inventory levels and resolve issues that become apparent.
Develop and implement systems for accurately managing inventory.
Maintain records regarding inventory control, issues and returns.
Report to management regularly and provides recommendations for better inventory control.
Responsible for the material analysis and planning functions in support of the Inventory Management Procedure.
Assist in utilizing existing tools to review and establish economic stock levels for items.
Monitor the engineering processes to ensure that they are being completed in accordance with Company procedures.
Review spare parts for new engineering changes to ensure viable spares are procured and stocking levels have been established based on the component relations.
Assist with annual review of Inactive/Non-Applicable Material, Cycle Counting process, and analyze results of cycle counts to develop corrective actions and continuous improvement.
Track and assist with sales of material between third party vendors and other Nuclear Power Plants.