Inventory Analyst

Job summary
Monitor and optimize inventory levelsForecast demand and minimize stockoutsImprove inventory management processes
Job seniority: mid-to-senior level
Responsibilities
• Analyze sales data and market trends for inventory needs• Monitor inventory levels and maintain accuracy• Optimize inventory levels by setting reorder points• Conduct inventory audits and minimize discrepancies• Collaborate with teams to gather demand forecasts• Utilize statistical models and forecasting tools• Identify slow-moving inventory and recommend actions• Evaluate suppliers' performance for timely replenishment• Generate reports and communicate inventory status• Collaborate with cross-functional teams for inventory strategies
Requirements
• Bachelor's degree in supply chain management or related field• 7+ years of experience as an Inventory Analyst• Strong analytical skills and proficiency in inventory management software• Knowledge of demand forecasting techniques and optimization strategies• Excellent communication and presentation skills• Detail-oriented with problem-solving abilities• Ability to work independently and collaboratively
Key Skills Needed
• Analytical skills• Inventory management• Forecasting• Communication• Problem-solving• Collaboration