Remote Retail Inventory Analyst

Placements24; Queenstown; Remote; NZD 70,000 - 100,000; Full time

Benefits offered by this job

Competitive salary

Remote work with flexible location

Access to analytics tools and EUR

Job summary

Placements24 seeks a highly analytical Remote Retail Inventory Analyst to optimize inventory across channels, forecast demand, and minimize stockouts and costs. You will collaborate with procurement, sales, and logistics to maintain stock levels and improve profitability.

The role requires strong data manipulation skills using Excel, SQL, Python, and R, with experience in inventory management software and ERP systems. Remote work allows independence and strategic planning from anywhere.

Qualifications

• Minimum 4 years in inventory analysis, retail planning, or related analytical role.
• Proven forecasting and inventory optimization experience.
• Strong analytical and quantitative skills; proficient in data tools (Excel, SQL, Python, R).
• Experience with inventory management software and ERP systems.
• Excellent understanding of supply chain and logistics principles.
• Ability to work remotely and collaborate with cross-functional teams.

Responsibilities

• Monitor and analyze inventory across warehouses and sales channels.
• Develop and maintain demand forecasts using statistical models and historical data.
• Identify strategies to reduce holding costs and stockouts.
• Collaborate with procurement to manage purchase orders and replenishment.
• Analyze turnover and identify slow-moving stock.
• Develop and track KPIs for inventory management.
• Suggest adjustments to policies and procedures.
• Generate regular inventory reports with trends and insights.
• Resolve discrepancies with cross-functional teams.
• Utilize inventory management software and ERP systems to optimize stock levels.

Skills

Analytical thinking

Data analysis

Remote collaboration

SQL

Python

R

Excel

Education

Bachelor's degree in Supply Chain Management

Tools

Excel

SQL

Python

R

ERP systems

Inventory management software

Job description

About the Role

Our client, a leading online retailer with a sophisticated supply chain, is seeking a highly analytical and detail-oriented Remote Retail Inventory Analyst. This is a fully remote position, offering the flexibility to work from anywhere. You will be responsible for optimizing inventory levels across multiple distribution channels, forecasting demand, and implementing strategies to minimize stockouts and overstock situations. Your expertise will be crucial in ensuring product availability while controlling inventory costs. This role requires a strong understanding of inventory management principles, data analysis tools, and retail operations. You will collaborate closely with procurement, sales, and logistics teams to maintain optimal stock levels and ensure efficient inventory flow. The ideal candidate possesses exceptional analytical skills, is adept at using advanced software for data manipulation and reporting, and thrives in an independent, remote work environment. Your insights will directly impact profitability and customer satisfaction by ensuring the right products are available at the right time. This role is essential for maintaining the efficiency and success of our client's extensive online inventory system, requiring a proactive and strategic approach to inventory management from a distance.

Key Responsibilities

• Monitor and analyze inventory levels across all warehouses and sales channels.
• Develop and maintain accurate demand forecasts using statistical models and historical data.
• Identify and implement strategies to reduce inventory holding costs and minimize stockouts.
• Collaborate with procurement to manage purchase orders and ensure timely replenishment.
• Analyze inventory turnover rates and identify slow-moving or obsolete stock.
• Develop and track key performance indicators (KPIs) related to inventory management.
• Recommend adjustments to inventory policies and procedures.
• Generate regular inventory reports for management, highlighting trends and actionable insights.
• Work with cross-functional teams to resolve inventory discrepancies and issues.
• Utilize inventory management software and ERP systems to optimize stock levels.

Requirements

• Minimum of 4 years of experience in inventory analysis, retail planning, or a related analytical role within the retail sector.
• Proven experience with demand forecasting and inventory optimization techniques.
• Strong analytical and quantitative skills, with proficiency in data analysis tools (e.g., Excel, SQL, Python, R).
• Experience with inventory management software and ERP systems.
• Excellent understanding of supply chain and logistics principles.
• Exceptional problem-solving abilities and attention to detail.
• Strong communication and interpersonal skills, with the ability to collaborate effectively remotely.
• Ability to work independently, manage multiple projects, and meet deadlines.
• A Bachelor's degree in Supply Chain Management, Statistics, Mathematics, Business, or a related field.
• Experience with e-commerce inventory management is highly preferred.

Benefits

• competitive salary, comprehensive benefits package, and the opportunity to make a significant impact on a growing online retail business.
• Enjoy the flexibility and autonomy of working from home, with a focus on results rather than location.
• Our client provides a modern, collaborative virtual environment with access to cutting-edge analytics tools and platforms.
• Opportunities for professional development and advancement within the analytics and supply chain functions are readily available.
• You will be part of a data-driven organization that values innovation and employee contributions.