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Inventory Analyst

Inventory Analyst
  • Inventory Management including how and when to supply/replenish an inventory location and establishing the right size of the inventory location.
  • Inventory Analytics and visualization
  • Subject matter expert and materials representative for system knowledge relating to Supply Chain and Inventory Management.
  • Apply Mathematics/Statistics, using Safety Stock formula & cycle stock formulas in order to calculate desired inventory levels.
  • Global Inventory Analysis including calculating how much inventory to hold in a multi-echleon supply chain network.
  • Assists in the launch of new products, and any other changes that may impact the Inventory Planning process for these products.
  • Works with team members across the business to drive supply chain efficiencies that result in key planning & Inventory improvements.
  • Design & generate reports, analyse trends, and monitor progress towards improvement initiatives in relation to Inventory management
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What are we looking for?

 

  • First level degree in Business/Supply Chain/Manufacturing/Analytics disciplines
  • Inventory Management/ Inventory Optimization experience is essential for this role.
  • An understanding of how ‘Cycle Stock’ impacts the inventory levels, and how supply lots size & lead times contribute to ‘cycle stock'
  • Has experience on how service level & supply Leadtime should by applied to a safety stock
  • Experience in calculating Supply Variability and how to apply it to a safety stock calculation
  • Experience of calculating forecast bias & forecast error, and applying both to a safety stock calculation
  • Experience in Microsoft office applications specifically excellent skills in MS Excel.
  • Experience in Power BI, SQL or any other Analytical or Visualization tools required for analyzing data