Inventory Analyst

Octagon Group; Frimley; On-site; GBP 32,000 - 42,000; Full time

Benefits offered by this job

25 days leave

Enhanced parental pay

Life assurance

Pension scheme

Private healthcare

Electric car scheme

Job summary

Octagon Group in Frimley, Surrey is seeking an Inventory Analyst to improve stock accuracy and visibility across multiple locations within a technology and engineering environment.

You will analyse stock data, investigate discrepancies and support Stores, Purchasing and cycle counting to enhance supply chain performance and stock control. Relevant experience in inventory or data analysis is preferred, with strong Excel and ERP/MRP skills.

Qualifications

• Previous experience in an inventory, stock control, supply chain or data analysis role.
• Strong analytical and problem-solving skills.
• Good Excel skills and experience working with ERP/MRP systems.
• Understanding of stock control principles, including FIFO, cycle counting and stock traceability.
• Experience investigating stock discrepancies and improving inventory accuracy.
• Strong attention to detail and organisational skills.

Responsibilities

• Monitoring stock accuracy, inventory levels and discrepancies across multiple locations.
• Investigating stock variances and carrying out root cause analysis.
• Maintaining accurate inventory records within ERP/MRP systems.
• Supporting and improving cycle counting processes.
• Working closely with Stores teams to improve stock control and material handling.
• Monitoring stock levels to prevent shortages and excess inventory.
• Supporting Purchasing with accurate stock data, usage reports and order planning.
• Identifying slow-moving, obsolete and excess stock.

Skills

Analytical skills

Excel skills

ERP/MRP systems

Data analysis

Stock control principles

Cycle counting

Stock traceability

Attention to detail

Tools

ERP/MRP systems

Job description

New Inventory Analyst Job

Location: Frimley, Surrey

Inventory Analyst | Frimley, Surrey | Manufacturing & Engineering

A fantastic opportunity has arisen for an Inventory Analyst to join a growing technology and engineering business based in Frimley, Surrey.

The business is a specialist engineering organisation working across motorsport, automotive, aerospace and transportation. It develops innovative technologies focused on improving performance, efficiency and sustainability.

The Inventory Analyst will play an important role in improving stock accuracy, inventory visibility and supply chain performance, supporting both Stores and Purchasing teams.

The Role

The Inventory Analyst will be responsible for analysing stock data, identifying discrepancies and improving inventory processes across the business.

Key responsibilities will include:

• Monitoring stock accuracy, inventory levels and discrepancies across multiple locations.
• Investigating stock variances and carrying out root cause analysis.
• Maintaining accurate inventory records within ERP/MRP systems.
• Supporting and improving cycle counting processes.
• Working closely with Stores teams to improve stock control and material handling.
• Monitoring stock levels to prevent shortages and excess inventory.
• Supporting Purchasing with accurate stock data, usage reports and order planning.
• Identifying slow-moving, obsolete and excess stock.

The Person

The successful Inventory Analyst will ideally have:

• Previous experience in an inventory, stock control, supply chain or data analysis role.
• Strong analytical and problem-solving skills.
• Good Excel skills and experience working with ERP/MRP systems.
• Understanding of stock control principles, including FIFO, cycle counting and stock traceability.
• Experience investigating stock discrepancies and improving inventory accuracy.
• Strong attention to detail and organisational skills.

Manufacturing or engineering experience would be beneficial.

The Opportunity

This is an excellent opportunity for an Inventory Analyst to join an innovative engineering business in Frimley, Surrey, where they can make a real difference to inventory control and supply chain performance.

The business offers a friendly, collaborative and flexible working environment, with the opportunity to develop within a growing technology organisation.

Benefits include:

• 25 days annual leave plus bank holidays.
• Enhanced maternity, paternity and adoption pay.
• Life assurance at four times base salary.
• Company pension scheme.
• Private healthcare.
• Electric car salary sacrifice scheme.

Inventory Analyst - Frimley, Surrey

For someone with experience in stock control, inventory management or supply chain analysis, this is a great opportunity to take ownership of inventory accuracy and continuous improvement within an exciting engineering environment