FAQs
What is the main role of the Analyst - Inventory Management?
The main role is to work independently with specified networks to optimize inventory, reduce slow-moving and excess inventory, improve Days of Inventory Held (DOH), and enhance customer service.
What qualifications are required for this position?
The position requires a graduate or preferably a post-graduate degree, especially an MBA in Operations, with 4 to 7 years of relevant experience in Inventory Management, Material Planning, and Supply Chain Management in global environments. CPIM or PMP certification is an added advantage.
What tools and systems should candidates be proficient in?
Candidates should have proficient skills in ERP systems, preferably SAP, and good hands-on experience with MS Office, particularly advanced Excel and PowerPoint presentations. Exposure to Power BI, SQL, and Kinaxis is also preferred.
What are some key responsibilities of the Analyst - Inventory Management?
Key responsibilities include setting inventory parameters, maintaining product segmentation, monitoring service levels, simulating inventory policy changes, driving inventory performance improvements, and preparing data-driven inventory targets.
What skills are important for this position?
Important skills include a good understanding of material planning and inventory management, problem-solving and strategic thinking abilities, strong communication and presentation skills, and a detail-oriented approach.
How does this role contribute to inventory performance metrics?
This role monitors and drives improvement in inventory performance metrics while identifying areas for corrective actions based on current and projected inventory levels against financial targets.
Are there opportunities for continuous improvement and process development in this role?
Yes, the Analyst is responsible for sharing best practices in materials management and contributing to the continuous improvement of processes and development of process standards.
Is experience in global environments necessary for this position?
Yes, experience in global environments is strongly preferred due to the nature of the role requiring collaboration with various stakeholders across different geographies.
What type of analytical support is expected from the Analyst - Inventory Management?
The Analyst is expected to provide analytical and decision-making support to optimize inventory across networks and to simulate the impacts of inventory policy changes.
How important are communication and collaboration skills for this role?
Communication and collaboration skills are essential, as the Analyst will work closely with network planners, schedulers, and various stakeholders to ensure effective inventory management and planning.