About the Role
The Inventory & Business Analyst is responsible for optimizing inventory performance and providing business and operational analysis to support effective decision-making. This role focuses on inventory planning, forecasting, KPI management, business reporting, and process improvement initiatives to drive operational efficiency and improve business performance.
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In This Role, Your Responsibilities Will Be:
Inventory Planning & Analysis
- Maintain optimal inventory levels across raw materials, work-in-progress (WIP), and finished goods while minimizing stockouts, excess inventory, and obsolescence.
- Analyze inventory trends, aging, slow-moving inventory, excess and obsolete (E&O) stock, and inventory turnover performance.
- Identify opportunities to improve inventory efficiency and working capital performance.
- Support inventory reconciliation activities and inventory performance reviews.
Business & Financial Analysis
- Support inventory-related financial reporting, inventory valuation, provisions, adjustments, and inventory control activities.
- Perform variance analysis against budget, forecast, and POR targets to identify performance gaps and business risks.
- Investigate operational and financial variances and provide meaningful insights to management.
- Collect, validate, and analyze business and operational data to identify trends, opportunities, and improvement areas.
- Develop analysis and recommendations to support informed business decisions.
Reporting & KPI Management
- Prepare and maintain inventory, operational, and business performance reports.
- Monitor key performance indicators including inventory value, inventory turnover (ITO), inventory accuracy, shortages, aging, and E&O inventory.
- Develop dashboards and management reports using ERP and business data.
- Provide regular updates and business insights to leadership teams.
Process Improvement & Cross-Functional Support
- Identify opportunities to improve reporting, data quality, automation, and operational processes.
- Support continuous improvement initiatives focused on inventory management and business performance.
- Collaborate with Finance, Procurement, Manufacturing, Supply Chain, Logistics, Sales, Customer Service, and other functions to improve operational effectiveness.
- Support business planning, forecasting, and operational review processes.
Who You Are
- You use analytical thinking to solve complex business and operational challenges.
- You have strong attention to detail and ensure data accuracy.
- You proactively identify opportunities for continuous improvement.
- You communicate insights effectively and influence data-driven decisions.
- You collaborate across functions to achieve business objectives.
- You are action-oriented and focused on delivering results.
For This Role, You Will Need
- 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 That Set You Apart
- 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.
Our Culture & Commitment to You!
At the company, we prioritize a workplace where every employee is valued, respected, and empowered to grow. We foster an environment that encourages innovation, collaboration, and diverse perspectives because we know that great ideas come from great teams. Our dedication to ongoing career development and growing an inclusive culture ensures you have the support to thrive. Whether through mentorship, training, or leadership opportunities, we invest in your success so you can make a lasting impact. We believe diverse teams working together are key to driving growth and delivering business results.
We recognize the importance of employee wellbeing. We prioritize providing flexible, competitive benefits plans to meet you and your family's physical, mental, financial, and social needs. We provide medical insurance plans, an Employee Assistance Program, tuition reimbursement, employee resource groups, recognition programs, and much more. Our culture prioritizes work-life balance and offers flexible time-off plans, including paid parental leave (maternal and paternal), vacation, and holiday leave.
Our training programs and initiatives focus on end-to-end development, from onboarding through senior leadership. We provide a wide range of development opportunities, including face-to-face and virtual training, mentorship, coaching, project management, and on-the-job training.
