Inventory Analyst

Inventory Analyst
JOB SUMMARY:
The Inventory Analyst will provide direction for the purchase of finished goods and purchase finished goods in accordance with the company's mission and philosophy.
PRIMARY DUTIES AND RESPONSIBILITIES:
The below listing of essential functions is not an inclusive listing of all duties that may be requested to be performed by supervisor or manager.

• Purchase and coordinate deliveries of finished goods after reviewing and analyzing information from merchandising, marketing, and forecasting.
• Manage current and planned finished goods inventory levels to meet company inventory objectives.
• Assess the impact of variances to the finished goods inventory plan and forecasts to identify surplus/deficient stock situations. Expedite, delay, cancel or reorder inventory as necessary.
• Meet objectives related to fill rates and turns as well as other metrics as prioritized by the company.
• Inform the appropriate people of response or delivery variances that render planned sales unserviceable or provide additional sales opportunities.
• Identify and implement process improvement opportunities that will yield improved fill rates and reduced inventory investment. Effectively communicate with the vendors the expectations for on time and complete shipments. Provide timely feedback to the Purchasing Manager and Merchandiser on needed vendor improvements as it pertains to on-time deliveries and fill rates.
• Work with receiving and accounting to reconcile purchase order, invoice and receiving discrepancies in a timely manner.
• Review and enter appropriate relationships for new and established product to ensure product demand is calculated and forecasted correctly for replenishment.
• Manage and maintain the item status within in the appropriate systems.

SECONDARY DUTIES AND RESPONSIBILITIES:

• Participate in departmental meetings.
• Work with the IS department on development, testing and implementation of new or enhanced systems or processes.
• Participate in or complete special projects as assigned.
• Other duties as assigned.

The above listing of essential and periodic functions is not an inclusive listing of all duties that may be required to be performed.
SUPERVISORY RESPONSIBILITIES:
This position does not have supervisory responsibilities.
KNOWLEDGE, SKILLS, AND ABILITIES:

• Strong interpersonal, written, and oral communication skills.
• Strong organizational skills with the proven ability to handle competing priorities and deadlines.
• Proficiency with Microsoft Office Suite.
• Strong attention to detail.
• Ability to think critically.
• Strong business acumen.
• Innovative.

EDUCATION AND EXPERIENCE:

• Bachelor's Degree in Business, Purchasing/Materials Management or the equivalent in experience.
• 2-3 years of progressively responsible experience in sourcing, purchasing and/or inventory control.

PHYSICAL REQUIREMENTS:
The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Work is generally sedentary, with no specific need for physical coordination or effort. The employee is regularly required to talk or hear. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. May require physical effort associated with using the computer to access information, or occasional standing, walking, lifting needed to carry out everyday activities.
Travel is required.
WORK ENVIRONMENT:
The work environment characteristics described are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Tasks do not expose employee to physically unpleasant or hazardous conditions.
TRAINING/ORIENTATION:
A training development plan will be created and customized to the individual.
Mason Companies is committed to cultivating thriving relationships. We welcome all individuals, regardless of gender, race, religion, age, disability, sexual orientation, national origin, gender identity or experience.