Inventory Analyst

Inventory Analyst Hillside, IL Job Details $45,000 - $60,000 a year 9 hours ago Qualifications Supplier management Bachelor's degree in finance Materials management in logistics Data reporting Production inventory management Mid-level Improving operational efficiency Finance Analysis skills Demand forecasting Bachelor's degree Supply chain management Vendor relationship management Contracts Logistics inventory management Productivity software Bachelor's degree in accounting Supply Chain Management Accounting Communication skills Technical Proficiency Order fulfillment Product lifecycle management Supply chain planning Full Job Description Summary of Position The Inventory Analyst will oversee the entire life cycle of component materials, from the acknowledgment of need to the order fulfillment. A successful Inventory Analyst should be able to ensure the appropriate supply of cost-efficient, and high-quality materials required to maintain steady production and product delivery. This position will analyze the needs of internal and external customers, and will develop strategies to improve efficiency, and coordinate supply and demand across multiple locations. Essential Job Functions and Responsibilities Ability to meet deadlines, exhibit great attention to detail, and communicate in a positive manner is essential. Communicating professionally and clearly is required. A thorough understanding of software, systems, business procedures, and problem-solving is necessary for success. Knowledge, Skills and Abilities Generate and review reports to proactively identify and mediate potential stock shortages. Provide procurement support to include requirements determination/forecasting, procurement planning, procurement determination and tracking, and coordinating the execution and result. Provide life cycle management of equipment contracts such as blanket purchase agreements. Establish SOPs for activities such as acknowledgment of need, order management and forecasting models. Coordinating deliveries with the vendor, as well as monitoring and resolving vendor payments. Responsible for tracking and reporting the performance of each vendor against delivery criteria. Minimum Qualifications Bachelor's degree in Finance, Accountancy, or Supply Chain. Strong analytical organizational and problem-solving skills required. Must have excellent communication skills, both verbal and written, with the ability to multitask. Ability to perform well in a fast-paced environment. Local geographical knowledge is preferred but not required. Proficiency with Microsoft Office and related systems are required. Comments This job description in no way states or implies these are the only duties to be performed by the employee occupying this position. The incumbent will be required to follow any other job-related instructions and to perform any other job-related duties requested by their supervisor or manager. This document does not create an employee contract, implied or otherwise other than an "at will" relationship.