Inventory Analyst

Job Title: Inventory Analyst
Job Type - Full Time
Location Indore
Summary/Objective:
We are seeking a talented Inventory Analyst to join our dynamic team. The Inventory Analyst will play a pivotal role in managing our inventory operations, ensuring optimal stock levels, and contributing to the overall efficiency of our supply chain management.
Responsibilities:
Apply advanced inventory management techniques for analyzing stock levels, demand patterns, and inventory turnover rates.
Develop and maintain accurate inventory forecasting models to optimize inventory levels based on predicted future demand.
Collaborate with the procurement team to coordinate replenishment orders, maintaining optimal inventory levels while minimizing excess and carrying costs.
Conduct regular inventory audits and cycle counts to ensure data accuracy, promptly identifying and resolving discrepancies.
Monitor and analyze sales trends, seasonality, and product performance for informed. decisions on inventory allocation and assortment planning.
Implement inventory control policies to mitigate risks, prevent stock-outs, and address potential inventory obsolescence.
Generate insightful reports and key performance indicators (KPIs) to track inventory performance, presenting findings to management stakeholders.
Collaborate with sales, marketing, and product development teams to align inventory strategies with business objectives and product lifecycle management.
Stay informed about industry trends, market dynamics, and emerging technologies to enhance inventory management practices.
Serve as a subject matter expert on inventory management best practices, offering guidance and support to internal stakeholders as needed.
Qualifications/Requirements:
Education:
Bachelor's degree in Business Administration, or a related field.
Experience:
Minimum of 3 years of experience in inventory management.
Proficiency in inventory management software
Advanced proficiency in Microsoft Excel.
Experience in jewelry industry is good to have.
Skills:
Strong analytical skills, proficient in interpreting complex data sets to derive actionable insights.
Excellent organizational and multitasking abilities, demonstrating a keen attention to detail and accuracy.
Effective communication and interpersonal skills, with the ability to collaborate cross-functionally and influence key stakeholders.
Proven track record of implementing successful inventory optimization strategies and improving inventory performance metrics.
In-depth knowledge of jewelry manufacturing processes, product lifecycle management, and industry-specific inventory challenges.
Ability to thrive in a fast-paced, dynamic environment, adapting quickly to changing priorities and business needs
How to Apply:
Kindly send your updated resume to [email protected]
Contact us:
Avalon Solutions Pvt. Ltd.
PSP - 11, Scheme 78, Vijay Nagar, Indore 452010, MP
Phone: 0731- 2553368. Ext. 106
[email protected]
www.AvalonSolution.com,