Procurement and Inventory Analyst

Procurement and Inventory Analyst Location:

Painesville, OH Employment Type:

Full-Time Reports To:

Procurement and Logistics Manager About Stafast Products Inc. Stafast Products, headquartered in Painesville, Ohio, has been leading the industrial fastener industry since 1958. We combine superior customer service with innovative engineering capabilities to cater to your specific fastener needs. Stafast has expanded to numerous locations across the U.S., Canada, Denmark, Mexico, and China, offering an extensive line of cost-effective fasteners. Position Overview The Procurement and Inventory Analyst will play a critical role in managing purchasing activities and maintaining optimal inventory levels to support operational efficiency. This position requires strong analytical skills, attention to detail, and proficiency in Microsoft Excel to ensure accurate reporting and cost control. Key Responsibilities Monitor and maintain inventory levels to meet production and customer demand. Analyze purchasing trends and develop cost-effective procurement strategies. Prepare and manage purchase orders, ensuring timely delivery of materials. Collaborate with suppliers to negotiate pricing and terms. Generate and maintain detailed inventory and procurement reports using advanced Excel functions. Assist in monthly and quarterly financial reconciliations related to inventory. Support compliance with company policies and industry standards.

Qualifications Preferred Education:

Bachelor's degree in Business, Supply Chain, Accounting, or related field.

Experience:

Accounting experience required.

Skills:

Expert-level proficiency in Microsoft Excel (pivot tables, VLOOKUP, macros). Strong analytical and problem-solving skills. Excellent organizational and communication abilities. Benefits Health Insurance Health Reimbursement Arrangement (HRA) Medical Reimbursement Dental Insurance 401(k) matching Profit Sharing Paid Time Off starting at 14 days Annual Bonus One work from home day per week (upon supervisor approval) No travel is required with the position.

Job Type:

Full-time Benefits:

401(k) matching Dental insurance Flexible spending account Health insurance Life insurance Paid time off Referral program Tuition reimbursement

Work Location:

In person