Inventory Planning Analyst
About The Position
The Inventory Planning Analyst is responsible for supporting inventory planning, inventory accuracy, data analysis, reporting, and process improvement within a manufacturing environment. This role analyzes inventory trends and key performance indicators, supports replenishment planning, maintains accurate inventory data within ERP/WMS systems, and assists with inventory counts and reconciliation activities. The position works closely with purchasing, warehousing, and logistics teams to improve inventory flow, identify and resolve inventory discrepancies, optimize inventory levels, and support data-driven planning and operational decisions.
Requirements
- Bachelor’s degree in Supply Chain Management, Business Administration, Finance, Data Analytics, or a related field.
- Proven experience (2+ years) in inventory control, supply chain analysis, or a similar analytical role.
- High proficiency in Microsoft Excel (PivotTables, VLOOKUP, Charts, Data Manipulation) is essential.
- Hands-on experience (1+ years) with ERP (Enterprise Resource Planning) or WMS (Warehouse Management System) software.
- Strong analytical and problem-solving skills with a meticulous attention to detail.
- Excellent communication and interpersonal skills to collaborate across different Departments.
- Ability to manage multiple tasks in a fast-paced environment.
Nice To Haves
- Experience with SQL for data querying.
- Knowledge of Lean, Six Sigma, or other continuous improvement methodologies.
- Certification in APICS (CPIM/CSCP) or other supply chain credentials.
- Experience in manufacturing, distribution, or e-commerce.
Responsibilities
- Perform daily, weekly, and monthly cycle counts and reconcile discrepancies.
- Lead and coordinate annual physical inventory audits.
- Investigate and resolve root causes of inventory variances (e.g., shipping errors, receiving errors, damage).
- Maintain high data integrity within the ERP/WMS system (e.g., SAP, Oracle, NetSuite).
- Develop and generate regular KPI reports on inventory turnover, days on hand, fill rates, shrinkage, and accuracy.
- Analyze inventory trends, forecast needs, and identify slow-moving or obsolete stock.
- Create and maintain dashboards to provide real-time visibility into inventory levels for key stakeholders.
- Model the financial impact of inventory decisions.
- Identify opportunities to improve inventory management procedures and workflows.
- Collaborate with procurement, warehousing, and logistics teams to enhance inventory flow and reduce waste.
- Recommend and help implement optimal reorder points, safety stock levels, and min/max parameters.
- Support the implementation of new systems or technologies related to inventory management.
- Work closely with the purchasing team to provide data for replenishment planning.
- Partner with the warehouse team to address operational issues affecting inventory accuracy.
- Assist in managing reverse logistics processes for returns and damaged goods.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
