Inventory Analyst

Description

ATALCO is seeking an experienced Inventory Analyst to support inventory accuracy, materials availability, stocking strategy, and warehouse data integrity for the Gramercy refinery. This position is responsible for analyzing inventory levels, maintaining accurate item master and stocking parameters, managing cycle count programs, and identifying opportunities to reduce excess, obsolete, and slow-moving inventory without compromising operational readiness.

The Inventory Analyst serves as a critical link between Warehouse, Maintenance, Operations, Reliability, Procurement, and Finance teams. The successful candidate will ensure critical spares and consumables are available when needed, that inventory records reflect physical reality, and that stocking decisions are supported by data and consumption history.

This role is ideal for a detail-oriented, analytical supply chain professional with strong ERP, MRO inventory, and data analysis experience within industrial, manufacturing, mining, metals, chemical, or heavy industrial environments.

Key Responsibilities

Inventory Accuracy & Control

· Maintain inventory record accuracy across all warehouses and satellite storeroom locations, including quantities, units of measure, bin locations, and item descriptions.

· Own and administer the cycle count program, including count schedules, count assignments, variance research, and root-cause analysis of discrepancies.

· Investigate and resolve inventory variances, negative balances, unposted issues, and receipt discrepancies in coordination with Warehouse and Accounting.

· Process and document inventory adjustments, transfers, and write-offs in accordance with company policy and internal controls.

· Support annual physical inventory activities and audit requests, including reconciliation and supporting documentation.

· Monitor and improve data integrity within the item master, including duplicate item identification, standardized naming conventions, and manufacturer part number accuracy.

Inventory Planning & Optimization

· Analyze consumption history, lead times, and demand variability to establish and maintain min/max levels, reorder points, safety stock, and economic order quantities.

· Review and adjust stocking parameters for MRO materials, critical spares, and consumables to balance availability against working capital.

· Identify excess, obsolete, slow-moving, and duplicate inventory and recommend disposition strategies including redeployment, return, or write-off.

· Partner with Maintenance and Reliability to determine criticality of spare parts and align stocking decisions with equipment risk and outage plans.

· Support inventory value and turnover targets and provide analysis to explain period-over-period movement.

· Recommend improvements to stocking strategy, storeroom layout, and replenishment processes based on usage data.

Data Analysis & Reporting

· Develop and maintain inventory reporting, including stock status, turnover, aging, excess and obsolete exposure, fill rate, and cycle count accuracy.

· Build and maintain analytical tools and dashboards in Excel and ERP reporting environments to support inventory decision-making.

· Provide inventory analysis and recommendations to Warehouse, Maintenance, Procurement, and Finance leadership.

· Track and report key inventory performance indicators and identify trends requiring corrective action.

· Support budgeting, forecasting, and month-end close activities with inventory data and variance explanations.

Warehouse & Operations Support

· Partner with the Warehouse Manager and storeroom personnel to improve receiving, issuing, put-away, and material handling practices that affect inventory accuracy.

· Support bin location optimization, labeling, barcoding, and storeroom organization initiatives.

· Coordinate material availability for planned maintenance, outages, turnarounds, and capital projects.

· Monitor open requisitions and purchase orders for stock replenishment items and escalate shortages that place operations at risk.

· Support kitting, staging, and reservation processes for scheduled work orders.

Procurement & Cross-Functional Support

· Work closely with…