Inventory and Business Analyst
Role Overview
The Inventory and Business Analyst optimizes inventory performance and provides business and operational analysis for decision-making.
The work focuses on inventory planning, forecasting, KPI management, business reporting, and process improvement to improve operational efficiency and business performance.
Key Skills for This Role
Full Job Posting
Role summary
The Inventory and Business Analyst optimizes inventory performance and provides business and operational analysis for decision-making.
The work focuses on inventory planning, forecasting, KPI management, business reporting, and process improvement to improve operational efficiency and business performance.
Inventory planning and analysis
- Maintain optimal raw material, work-in-progress, and finished-goods inventory while minimizing stockouts, excess inventory, and obsolescence.
- Analyze inventory trends, aging, slow-moving inventory, excess and obsolete stock, and inventory turnover.
- Identify opportunities to improve inventory efficiency and working capital performance.
- Support inventory reconciliation activities and inventory performance reviews.
Business and financial analysis
- Support inventory-related financial reporting, valuation, provisions, adjustments, and inventory controls.
- Analyze variances against budget, forecast, and POR targets; investigate performance gaps and business risks.
- Collect, validate, and analyze business and operational data to identify trends and improvement areas.
- Develop analysis and recommendations to support business decisions.
Reporting and process improvement
- Prepare inventory, operational, and business performance reports and dashboards using ERP and business data.
- Monitor inventory value, turnover, accuracy, shortages, aging, and excess and obsolete inventory KPIs.
- Provide regular updates and business insights to leadership teams.
- Identify improvements to reporting, data quality, automation, and operational processes; support continuous improvement initiatives.
- Collaborate across Finance, Procurement, Manufacturing, Supply Chain, Logistics, Sales, Customer Service, and other functions.
- Support business planning, forecasting, and operational review processes.
Required qualifications
- Bachelor's degree in Business, Finance, Supply Chain, Operations Management, Engineering, or a related discipline.
- 2–3 years of experience in a manufacturing or industrial environment.
- Experience in inventory management, business analysis, operational reporting, or supply chain functions.
- Strong analytical and problem-solving skills.
- Experience working with ERP systems and business reporting tools.
- Advanced Microsoft Excel skills.
- Strong communication and stakeholder management capabilities.
Preferred qualifications
- Experience with inventory planning, forecasting, and inventory optimization.
- Knowledge of inventory accounting principles and financial reporting.
- Experience with data visualization and dashboard development tools.
- Familiarity with ERP systems, manufacturing operations, and supply chain processes.
- Experience supporting process automation and continuous improvement initiatives.
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