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Inventory Analyst

Company: Arrow Fastener Company, LLC
Location: Redlands
Posted on: September 20, 2022

Job Description:

Reports to the Director of Materials and is the primary driver for establishing and monitoring proper inventory levels for the business. Works with Sales, Marketing, Sourcing and others in the materials function; takes a lead role in reviewing forecasts, lead time movements, sales variations and special programs to determine the proper finished good inventory levels. Key individual for tracking and reporting on key business metrics like inventory cost, inventory turns and customer fulfillment.Work Activities--- Provides reporting and data processing support to drive improved control over inventory and develops thorough the understanding of inventory control and management processes being followed in our facility and 3PL warehouse service providers.
--- Works with all Supply Chain functions to develop, test, and implement new reporting, control systems, and processes.
--- Tracks and reports on the effects of changes in lead times on operations and inventory by identifying inventory turns, lead times, slow moving and obsolete inventory levels.
--- Effectively communicates and develops rapport with other departments (sales and marketing), working towards ongoing improvement of forecasting accuracy.
--- Participates in regular planning reviews and prepares data/reports pertaining to inventory central for reviews by playing key role in reporting key metrics and participating in root cause and corrective actions required to achieve organizations goals.
--- Participates in the training of the site trainers on the use and maintenance of the WMS System while simultaneously assisting in the development of account specific Standard Operating Procedures (SOPs).
--- Develops/maintains all warehouse inventory analytics; standard operating procedures for all warehouse and sourcing functions; daily shipping plan to disseminate the development of daily/weekly shipping plan for management; a warehouse competency matrix, third party logistics (3PL) analytics, inventory slotting logic and model(s).
--- Works directly with Project Management Office (PMO Department) for Oracle WMS testing instances.
--- Performs other duties as assigned.Physical Demands
Sits frequently.Lifts Weight or Exerts Force Work Environment
Occasionally up to 10 pounds.Work Environment
Occasionally work near moving mechanical parts.Education and Experience
Years of Experience 2-3 years of planning, forecasting or other supply chain experience.
Education Bachelor's Degree
Degree or Formal Training BS/BA in Statistics, Economics, Business Operations, or Supply Chain/Logistic required.
Additional Information APICS certification preferred or pursuing certification.Specific Knowledge:--- Demand planning/forecasting/supply chain experience, managing a demand plan for 1,000+ SKUs.
--- High level of Excel proficiency (VLOOKUPs, SUMIFs, Pivot Tables, etc.); spreadsheet creation and analysis, using common and sometimes complex formulas, is necessary, including the skills to develop charts and reports.
--- Experience with Business Intelligence systems (i.e., Tableau, IBP, or others) is a plus.
--- High level of systems and database tools proficiency (forecasting tools, ERP planning applications, MS Access, SQL Database, etc.).
--- Experience with Statistics and Forecasting models and packages is preferred.
--- Good presentation skills: ability to convey complex information clearly and succinctly at an executive summary level.
--- Experience with Microsoft specifically PowerPoint, Word, Excel is a plus.
--- Ability to accomplish assigned projects utilizing strong communication (written and verbal), project management, time management and collaboration skills.
--- Streamline processes through necessary skill sets.--- Computers and Electronics
--- Regular, timely attendance.
--- Strong ability to work well in a variety of team environments.
--- Ability to perform high quality work within assigned deadlines.
--- Ability to focus on the accomplishment of current departmental priorities.
--- Ability to provide service with integrity and confidentiality.

Keywords: Arrow Fastener Company, LLC, Redlands , Inventory Analyst, Professions , Redlands, California

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