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Job Details

Job Title
: Inventory Analyst
Required Skills
: Inventory Management, Macros, Pivot tables, V-lookups
: Expected 2 months contract with possible extension

Job Description

Pay Range

  • $35/hr – $38/hr, The pay rate may differ depending on your skills, education, experience, and other qualifications.

Featured Benefits:

  • Medical Insurance in compliance with the ACA
  • 401(k)
  • Sick leave in compliance with applicable state, federal, and local laws

General Function

The Inventory Analyst is responsible for contributing to profit and growth of all channels of trade of the Wholesale Division by supporting the planning, purchasing and maintenance of effective inventory levels.  Mines data and produces reports, metrics and analysis to maximize return on investment for assigned channel of trade’s sales and inventory.  Plans purchases and manages inventory to achieve financial objectives (maximizing sales potential, minimizing loss from phase-outs and stock-outs) and works closely with Sales, Logistics, Corporate Planning.

Major Duties And Responsibilities

  • Projects inventory based on forecasted sales, planned purchases and other adjustments to provide Sales and Finance with data for capital analysis and budgeting.
  • Allocates inventory based upon the most urgent demand source
  • Prepares daily, weekly, and monthly analysis and reports as required.
  • Conducts and provides analysis of key performance indicators (KPIs) among level of stock and in transit quantities.
  • Monitors product flows from sources and provides visibility of future product availability.
  • Promotes and activates special actions to reduce obsolescence and excess inventory (Retail, one off sales, other subsidiaries…).
  • Monitors fulfillment activities and proactively manages exceptions for inventory shortages and delays, including aging of inventory, which may occur.
  • Supports Inventory and Allocation team by taking existing reports and reducing the time to analyze the data through macros and queries.
  • Identifies issues that impact Operations/Allocation productivity and effectiveness. Identifies solutions.
  • Supports and assists project teams with data collection, analysis and presentation/reporting.
  • Researches backorder and out of stock issues, works with supply chain teams to correct.
  • Makes recommendations to maximize profitability and productivity.

Basic Qualifications

  • Bachelor’s Degree in Business Administration or in Finance, Mathematics, Economics, Supply Chain
  • 2+ years’ experience in similar roles
  • Robust quantitative approach to discussions
  • Strong analytical and mathematical skills to provide statistics and metrics
  • Ability to turn data into useful insights
  • Excellent PC skills including MS Office and SAP
  • Excel – ability/aptitude to learn/create  spreadsheets using advanced formulas (V-lookups, IF statements, pivot tables, macros)
  • Experience working on a legacy/enterprise database system and input and retrieve data

Preferred Qualifications

  • Experience with fashion sales cycles and department store buying practices
  • General understanding of the fashion and accessories industry
  • SAP AFS1 experience
  • Business Intelligence – ability to create and update reports intelligence reports (Business Objects)

Required Details

: 2-3 Years
Travel Required
: No
Clearance Required
: No

Contact Details

Contact person
: Uday Bhandary
: 678-675-1014

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