Inventory Analyst

JOB SUMMARY:

The Inventory Control Analyst will oversee the management and coordination of inventory materials for production lines in a tech manufacturing facility. This role involves working closely with both onsite inventory and external 3PL (Third Party Logistics) partners to ensure the timely and accurate ordering of materials needed for production. The Analyst will be responsible for monitoring, correcting, and improving inventory processes both internally and with 3PL partners to support continuous operations and meet production demands. The ideal candidate will have strong problem-solving abilities, proficiency in Excel, experience with SAP or similar systems, and expertise in root cause analysis to drive continuous improvements in inventory accuracy.

WORK SCHEDULE:

• Regular schedule: Thursday to Sunday, 6:00 PM – 6:00 AM.
• Initial training: Monday to Friday, 5:30 AM – 2:00 PM.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Monitor inventory levels for both onsite stock and 3PL partner facilities to ensure sufficient material availability for production lines.
• Manage the ordering and replenishment of materials based on production schedules, inventory forecasts, and 3PL inventory data.
• Identify, investigate, and resolve discrepancies in inventory counts using root cause analysis to ensure traceability and accuracy across systems.
• Develop and implement process improvements to prevent future inventory inaccuracies and ensure material availability aligns with production requirements.
• Collaborate with 3PL partners to coordinate material transfers, ensure accurate documentation of transactions, and improve overall inventory visibility.
• Conduct regular cycle counts of inventory and reconcile discrepancies, adjusting inventory records as necessary.
• Support continuous production by ensuring no downtime is caused by material shortages within assigned areas.
• Provide feedback and recommendations to the Inventory Control Manager for improvements in inventory control systems and processes.
• Perform inventory transactions and generate reports using internal systems (e.g., SAP or similar software) and customer systems as required.
• Assist with the development and implementation of materials management systems to enhance inventory control processes, both in-house and at 3PL partners.
• Work closely with departmental supervisors, engineering, program management, and other key stakeholders to ensure inventory objectives are met.
• Ensure compliance with all safety, security, and company policies related to inventory management.
• Assist in material handling functions and fill in for other inventory control personnel as needed.
• Perform other duties as assigned by the Inventory Control Manager.

JOB QUALIFICATIONS:

Education and Experience:

• High school diploma or equivalent required; associate’s or bachelor’s degree in a related field preferred.
• 2-4 years of experience in inventory control, supply chain management, or materials management, preferably in a manufacturing or tech environment.
• Experience working with 3PL partners and knowledge of 3PL inventory systems is a plus.

Skills and Knowledge Requirements:

• Strong understanding of inventory control processes, material ordering, and supply chain coordination.
• Proficient in Excel, including the ability to analyze data, manage inventory spreadsheets, and generate reports.
• Experience with SAP or similar Enterprise Resource Planning (ERP) systems for inventory management and reporting.
• Expertise in conducting root cause analysis to identify and address inventory discrepancies and improve accuracy.
• Ability to effectively monitor and adjust inventory levels based on production needs and forecasts.
• Excellent problem-solving skills, with the ability to collect data, identify trends, and resolve inventory discrepancies.
• Strong verbal and written communication skills; capable of presenting information to various stakeholders, including management, suppliers, and 3PL partners.
• Ability to perform basic mathematical calculations (addition, subtraction, multiplication, division) and compute rate, ratio, and percentages.
• Proven track record of identifying and implementing process improvements.
• Flexibility to work overtime and adapt to changing production and inventory demands.

Physical Requirements:

• Ability to lift and move materials as required for inventory handling.
• Must be able to work in a fast-paced environment with regular production and material handling duties.