Inventory Analyst

Overview

Analyze and manage inventory to forecast demand, balance stock, and reduce costs

Key Responsibilities

• data analysis
• demand forecasting
• inventory audits
• replenishment planning
• software management
• reporting

Tasks

An inventory analyst monitors and analyzes inventory to maintain optimal stock levels, preventing stockouts and overstocking by forecasting future demand, managing inventory data in software, and collaborating with procurement and logistics teams. Key duties include data analysis, trend identification, order fulfillment, reconciliation of physical counts, and the development of strategies to improve supply chain efficiency and reduce costs. Collaborate with procurement, sales, and logistics departments to ensure efficient operations. Identify opportunities to reduce holding costs and minimize inefficiencies in the supply chain. Ensure optimal stock levels to balance supply and demand, reducing the risk of stockouts and overstocking. Develop and implement strategies for inventory replenishment, including placing orders with suppliers. Conduct regular inventory audits and reconcile physical counts with system records. Recommend and implement improvements to inventory management processes Monitor inventory data and use inventory management software to track metrics and identify trends. Analyze sales trends and historical data to forecast future inventory needs. Prepare and present inventory reports and analyses to management.

Requirements

• analytics
• problem solving
• supply chain
• detail oriented
• inventory software
• communication

What You Bring

-Analytical Skills: Strong ability to interpret data, identify trends, and apply statistical analysis. -Problem-Solving: Ability to identify and resolve issues related to overstock, stockouts, and supply chain inefficiencies. -Supply Chain Knowledge: Understanding of supply chain dynamics and logistics. -Attention to Detail: A keen eye for detail is crucial for accuracy in inventory tracking and reconciliation. -Data Management: Proficiency with inventory management software and strong data entry skills for accurate tracking. -Communication: Effective communication skills to collaborate with various departments.

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About Renaissance Windows & Doors

-Founded with a commitment to craftsmanship and quality, transforming buildings for decades. -Specializing in custom windows and doors, offering solutions that enhance aesthetics, security, and energy efficiency. -Delivers tailored solutions for luxurious homes to high-rise commercial spaces. -Attention to detail and innovation ensure products fit seamlessly into their environment. -Renowned for exceptional customer service and expert installations with ongoing support. -A trusted partner for architects and builders, with a strong industry reputation. -Portfolio includes prestigious projects with cutting-edge designs incorporating the latest architectural trends.

Sector Specialisms