Inventory Analyst Jobs

About The Position

Requirements

• Minimum 3 years of inventory control, warehouse operations, or supply chain experience.
• Strong analytical and problem-solving skills.
• Advanced proficiency in Excel and inventory management systems.
• Experience with cycle counting, physical inventories, and inventory reconciliation.
• Knowledge of warehouse operations, inventory forecasting, and replenishment strategies.
• Excellent organizational, communication, and time management skills.

Nice To Haves

• Associate's or Bachelor's degree in Supply Chain Management, Business, Logistics, Operations Management, or related field preferred.

Responsibilities

• Establish and maintain minimum and maximum inventory levels for all warehouse and branch locations.
• Analyze inventory usage trends and consumption patterns to determine appropriate reorder points and safety stock levels.
• Monitor stock levels and recommend inventory adjustments to prevent shortages and excess inventory.
• Identify slow-moving, obsolete, and excess inventory and make recommendations for corrective action.
• Investigate and resolve all inventory discrepancies, including receiving, transfer, picking, shipping, and adjustment variances.
• Perform root cause analysis of inventory issues and implement corrective actions to prevent recurrence.
• Ensure inventory records accurately reflect physical inventory.
• Develop and execute weekly cycle count schedules.
• Perform and oversee cycle counts to ensure inventory accuracy.
• Analyze cycle count results and reconcile discrepancies.
• Coordinate and manage annual physical inventory counts across all locations.
• Prepare inventory variance reports and recommend process improvements.
• Review and validate transfer orders for accuracy prior to shipment.
• Verify quantities, product selections, and locations to reduce transfer errors.
• Monitor transfer activity and investigate discrepancies between sending and receiving locations.
• Work closely with warehouse and purchasing teams to ensure inventory movement accuracy.
• Analyze product movement and inventory turnover data.
• Redesign and maintain warehouse layouts utilizing best practices, positioning the fastest-moving products in the most accessible locations and slower-moving products in secondary locations.
• Continuously evaluate warehouse organization to improve picking efficiency, reduce travel time, and maximize productivity.
• Recommend space utilization improvements and inventory storage strategies.
• Generate inventory performance reports, including fill rates, inventory accuracy, stock-outs, turnover, and variance trends.
• Provide recommendations to leadership regarding inventory optimization opportunities.
• Track and report on key inventory metrics and operational performance indicators.
• Partner with Purchasing, Distribution, Warehouse Operations, and Leadership to ensure inventory objectives are achieved.
• Assist with implementation of inventory control policies and procedures.
• Support branch locations in maintaining inventory standards and compliance.