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Inventory Data Analyst

Inventory Data Analyst (Supporting Purchasing) 

 

Responsibilities:

  • Inventory Data Analysis & Reporting:
    • Analyze inventory levels, trends, and turnover rates to optimize stock availability.
    • Develop and maintain inventory reports and dashboards for purchasing teams.
  • Demand Forecasting & Stock Optimization:
    • Use historical data and market trends to forecast demand and prevent over/under-stocking.
    • Identify slow-moving and obsolete inventory to support purchasing decisions.
  • Purchasing Support:
    • Provide data-driven insights to assist purchasing teams in procurement planning.
    • Help determine optimal order quantities and reorder points based on sales and consumption trends.
  • Process Improvement & Efficiency:
    • Recommend strategies to reduce inventory carrying costs and improve supply chain efficiency.
    • Identify gaps in procurement and inventory workflows and suggest optimizations.
  • Data Management & System Integration:
    • Maintain inventory databases, ensuring accuracy and consistency of stock records.
    • Work with ERP, WMS (Warehouse Management Systems), and procurement systems to improve data accuracy.
  • Collaboration & Stakeholder Communication:
    • Liaise with suppliers, warehouse managers, and procurement teams to ensure efficient inventory flow.
  • Provide regular inventory health reports to purchasing and finance teams.

Requirements:

  • Bachelor’s degree in supply chain management, Business, Data Analytics, Finance, or a related field.
  • 2+ years of experience in inventory management, procurement, or data analysis.
  • Proficiency in data analysis tools like Excel, SQL, Tableau, or Power BI.
  • Experience with ERP systems (SAP, Oracle, NetSuite) and inventory management software.
  • Strong analytical skills to interpret complex datasets and provide actionable insights.
  • Understanding of supply chain, demand planning, and inventory optimization principles.
  • Ability to work with cross-functional teams, including purchasing, warehouse, and logistics.
  • Seeking full-time or part-time candidates
  • Compensation: $17-$20 per hour, based on experience.