Inventory Analyst

*INVENTORY ANALYST* Status: Hourly, Full Time, non-exempt Hours: Monday – Friday 8:00 am – 4:30 pm, Overtime and weekends as needed *Job summary* The Inventory Analyst is focused on many aspects including , allocating inventory, compiling inventory reports, documenting inventory discrepancies, analyze and process inventory obsolescence, analyze inventory statistics, count inventory (cycle counts, blind counts, and more), quality inspections, transfers and movement, from receiving materials, to production consumption, consignment and final shipment of goods.
The Inventory Analyst works closely with other departments to manage inventory levels, maintain accurate ERP data, and facilitate a fluid and comprehensive flow of operations.
*SKILLS:* * *Inventory Management* - Proficiency in inventory control and management techniques * *Data Analysis* - Strong analytical skills to interpret and analyze inventory issues.
* NetSuite-Familiarity with the software and the ability to maximize its use for effective inventory management.
* *Advanced knowledge of Microsoft Excel* for data analysis, modeling.
and reporting.
* *Communication Skills* - Strong written and verbal communication skills to effectively convey inventory-related information to both technical and non-technical stakeholders.
* *Problem solving*- Excellent problem solving abilities to address issue and discrepancies in inventory records.
* *Attention to Detail* - A keen eye for detail to maintain accurate inventory records and reconcile discrepancies.
* *Process improvement* - Expertise in identifying inefficiencies in inventory management processes and implementing improvements.
* *Data Management *- Proficient in organizing and managing large sets of inventory data efficiently.
* *Teamwork *- Ability to collaborate with cross functional teams, such as procurement, sales, and production to support business goals.
* *Customer Focus -* Prioritizing customer satisfaction by ensuring inventory accuracy.
* Adaptability - The ability to adapt to changing market conditions and business needs.
* *Time Management -* Efficiently manage time and prioritize tasks in a dynamic inventory environment.
* *Presentation Skills *- The ability to create and deliver clear and concise reports and presentations to communicate inventory-related information to management.
* *Continuous learning *- A willing to stay updated with industry trends, emerging inventory management technologies, and best practices.
* *RF Scanning* - Prior experience using a handheld rf scanner and rf smart software.
* *Forklift-* Stand up and sit-down forklift (preferred) *DUTIES* * *Data Analysis* - Analyze historical data to make decisions about inventory management.
* *Replenishment Planning* - Develop replenishment strategies to maintain stock at optimal levels.
* *Inventory Accuracy* - Implement and oversee inventory counting procedures, conduct cycle counts, and reconcile any discrepancies.
Maintain high levels of inventory accuracy.
* *ABC Analysis* - Identify ABC items based on importance, value, and demand.
* *Obsolete and Excess Inventory Management *- Identify and address obsolete or excess inventory through disposition strategies, such as returns, disposal, or donations.
* *Documentation *- Maintain detailed records of inventory levels, transactions, and any issues or discrepancies.
Keep track of stock movements and adjustments.
* *Inventory Reporting* - Generate and share regular reports with management, highlighting key performance indicators.
* *Process Improvement -* Continuously identify areas for process improvement in inventory management and implement changes to increase efficiency and reduce costs.
* *NetSuite Proficiency* - Use inventory management software effectively.
May also involve suggesting system enhancements.
* *Root Cause Analysis *- Investigate the root causes of inventory discrepancies, stock outs, or excess inventory and work to prevent future occurrences.
* *Compliance and Regulations* - Ensure compliance with relevant regulations such as safety standards, Lean Manufacturing and 5S.
* *Cost Reduction* - Identify cost-saving opportunities through inventory optimization, including reducing obsolescence or shrinkage.
* *Customer Service Support* - Work closely with the customer service team.
* *Standard Procedures *- Build standard procedures related to inventory control.
* Follow company rules, policies and procedures.
* Ensure timely and accurate updates by working with all Departments throughout the day.
* Answer all emails and chats efficiently and effectively.
* Ability to work overtime and weekends when operational requirements necessitate.
* Performs other duties as assigned.
Requirements: * 2 years of Stand Up and Sit Down Forklift experience preferred * Minimum 3 years inventory control experience * Strong understanding & experience with inventory root cause analysis * Perform cycle counts and reconciliations in a Warehouse Management Software.
* Advanced Microsoft Excel skills including VLOOKUP, pivot tables, reports and advanced formulas.
* Great time-management, Critical thinking and problem-solving skills * Excellent interpersonal skills, strong verbal and written communication skills * Proficient in Microsoft Office, NetSuite, and advanced computer skills * Ability to effectively manage multiple tasks and prioritize own work to meet deadlines.
* Possess good judgement and attention to detail * Can adapt quickly to change and new business strategies and processes.
* Must be able to lift up to 50 lbs.
* Must be able to be on your feet and sit/stand for extended periods of time.
* Must have great interpersonal and communication skills to be able to work with other departments Experience with: * Cycle counts * 5s, KPI / SOP * Math * Forklifts: Stand up and Sit Down * Time Management * Reconciliation * WMS / NetSuite, Microsoft Office / Excel * RF Scanner * Picking Process * Root cause analysis * Data Analytics * Critical Thinking, Problem Solving * Team player / people person _We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law_.
" Job Type: Full-time Pay: $23.
00 - $26.
00 per hour Expected hours: 40 per week Benefits: * 401(k) * Dental insurance * Health insurance * Life insurance * Paid time off * Vision insurance Schedule: * 8 hour shift * Day shift * Monday to Friday * Overtime * Weekends as needed Experience: * NetSuite: 2 years (Preferred) * Inventory control: 3 years (Required) * Root cause analysis: 3 years (Required) * Cycle Counting: 2 years (Required) * Picking & packing: 2 years (Required) * Stand up Forklift: 2 years (Preferred) * Sit Down Forklift: 2 years (Preferred) * Creating SOP: 2 years (Preferred) * 5S: 2 years (Preferred) * Microsoft Excel: 3 years (Required) License/Certification: * Forklift Certification (Preferred) Shift availability: * Day Shift (Required) Ability to Commute: * Los Angeles, CA 90040 (Required) Work Location: In person