Top 2 Inventory analyst Jobs in Davenport, Ia

Purchasing Analyst
Sears Seating —Davenport, IA
- $56,000 - $84,000 a year
- Microsoft Excel
- Microsoft Outlook
- 5 years
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Purchasing Analyst
Sears Seating —Davenport, IA
Drive material flow improvements and storage optimization through collaboration with internal and external functional areas to realize reduced or improved…
$56,000 - $84,000 a year
Quick Apply

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Purchasing Analyst

Sears Seating -
Davenport, IA

Quick Apply

Job Details

$56,000 - $84,000 a year

Qualifications

Project management experience in manufacturing
Data-driven problem-solving

Full Job Description

The Purchasing Analyst is responsible optimizing Sears supply chain by developing inventory strategies that best support customer demand as well as analyzing slow moving inventory to reduce total held inventory. The Purchasing Analyst is responsible for driving material flow improvements and storage optimization through collaboration with the supply base (in conjunction with Supply Chain Management and Material Flow functional areas). The Purchasing Analyst also is responsible optimizing stocking levels by leveraging analytical tools such as ABC analysis. The Purchasing Analyst is also responsible for sourcing materials to fulfill manufacturing demand requirements and eliminate disruptions to manufacturing operations. The Purchasing Analyst effectively manages internal and external supply chain collaboration and drives continuous improvement initiatives.

ESSENTIAL DUTIES AND RESPONSIBILITIES
This list of duties and responsibilities is not all inclusive and may be expanded to include other duties and responsibilities by management as needed

Develop inventory strategies that best support customer demand while supporting lean inventory principles
Work closely with supply base to optimize ordering strategies such as minimum order quantities, economic order quantities and lead times
Manage raw materials inventory to achieve corporate inventory goals and ensure the right parts are available at the right time as well as understand financial impact to the organization
Analyze slow moving inventory and create clear plan to mitigate held inventory (drive rework initiatives, transition inventory to sister business units, drive scrap dispositions, etc.)
Drive material flow improvements and storage optimization through collaboration with internal and external functional areas to realize reduced or improved warehousing footprints and realize manufacturing efficiencies through improved material flow
Perform detailed inventory analytics using data to optimize inventory levels, tactically execute changes systematically and report financial impacts broadly using weekly reporting
Effectively manage internal and external supply chain collaboration
Create continuous improvement initiatives and action items to completion
Perform part outage root cause analysis, implement and broadly communicate corrective measures taken
Utilize MRP to procure the right production materials to support customer demand
Properly escalate for any potential supply chain disruption
Work closely with OFP, Materials and Operations teams to align mitigation plans (not limited to only supply chain disruptions)
Manage item master data
Support new product launches
Prepare monthly reports as needed
Develop communication solutions that create value, decrease problems, and preemptively solve consistent issues

Knowledge, Skills and Abilities

The mental and physical requirements for successful performance of this job are:

Ability to react to problems quickly and decisively
Proficient in Microsoft Office (Outlook, Excel and PowerPoint)
Project management skills
Analytical and problem-solving skills
Excellent written and verbal communication skills
Ability to develop rapport and foster strategic relationships
Understand inventory control procedures
Excellent reporting skills and understanding of visual management
Ability to manage projects and consistently and drive follow up
Advanced analytical skills
Skilled in problem-solving
Proficient in inventory control procedures
Ability to read engineering prints
Ability to facilitate negotiation

Education and/or Experience

7 + years of supply chain management experience in a manufacturing environment
Equivalent supply chain focused APICS certification (CPIM or CSCP)

Bachelor’s degree in supply chain management, Business Administration, Engineering, Finance
5 + years of supply chain management experience in a manufacturing environment

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