Inventory Analyst

• Job Category Inventory Control
• Employee Type Non-Exempt 4/10
• Required Degree High school

Overview: The Inventory Analyst is responsible for maintaining accurate inventory records and supporting the efficient flow of materials throughout the manufacturing facility. This position will analyze inventory data, perform and investigate inventory discrepancies, maintain accurate ERP transactions, and identify opportunities to improve inventory accuracy, material availability, and overall inventory control.

The Inventory Analyst will work closely with Purchasing, Receiving, Production, Warehouse, Quality, Engineering, and Supply Chain to ensure materials are properly received, identified, transacted, stored, issued, and reported in the ERP system.

• Maintain accurate inventory records within the ERP system.
• Analyze inventory variances and determine root causes.
• Coordinate recounts and corrective actions when discrepancies are identified.
• Monitor inventory accuracy by location, part number, and material type.
• Ensure material is properly identified, labeled, and stored.
• Identify obsolete, excess, slow-moving, and potentially inaccurate inventory.
• Support physical inventory activities and annual inventory counts.

• Ensure inventory transactions are completed accurately and in a timely manner.
• Monitor receipts, issues, transfers, adjustments, returns, and other inventory transactions.
• Research and correct inaccurate or missing ERP transactions.
• Identify transactions that may create inventory inaccuracies or production shortages.
• Maintain accurate inventory locations and part information.
• Assist with ERP system improvements and inventory-related master data accuracy.

• Work closely with Production and Materials teams to identify material shortages and inventory discrepancies.
• Research shortages and determine whether the issue is physical inventory, ERP accuracy, purchasing, receiving, or material location.
• Help ensure materials are available at the appropriate production work centers when required.
• Track missing, misplaced, or unprocessed material.
• Assist in resolving material issues that could impact production schedules or customer deliveries.
• Monitor material movement between receiving, warehouse, outside processing, and production.

• Analyze inventory levels, usage, variances, and trends.
• Identify root causes of inventory discrepancies and recurring problems.
• Monitor inventory accuracy KPIs and report results to management.
• Identify opportunities to reduce excess inventory while maintaining adequate material availability.
• Analyze inventory transactions to identify process breakdowns and training opportunities.
• Support management with data and analysis for inventory-related decisions.

• Identify opportunities to improve inventory control processes.
• Standardize inventory procedures and work instructions.
• Support Lean Manufacturing, 5S, and continuous improvement initiatives.
• Participate in root-cause analysis and corrective-action activities.
• Improve material identification, labeling, storage, and transaction processes.
• Work with cross-functional teams to eliminate recurring inventory problems.

The Inventory Analyst will be measured on factors including:

• Inventory record accuracy
• Cycle-count accuracy
• Cycle-count completion rate
• Inventory adjustments
• Inventory discrepancy resolution time
• Material availability to production
• Number of unresolved inventory discrepancies
• ERP transaction accuracy and timeliness
• Location accuracy
• Obsolete and excess inventory
• Reduction of recurring inventory errors

• 2+ years of experience in inventory control, materials,…