Inventory Analyst

Compunnel, Inc.; Kentucky; On-site; USD 55,000 - 75,000; Full time

Job summary

Compunnel Inc. is seeking an Inventory Analyst - Supply Chain to optimize inventory levels and streamline material flows across the organization.

The role supports accurate tracking from receipt through distribution, collaborates with departments to forecast needs, and drives cost savings through smarter stock management. The ideal candidate will have a Bachelor's degree in a related field and 3–5 years of experience in inventory analysis or supply chain operations, with strong data analysis and

Qualifications

• Bachelor's degree in a related field.
• Proven experience in inventory management and supply chain operations.
• Strong understanding of inventory control principles and best practices.
• Proficiency in inventory management software and ERP systems.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.

Responsibilities

• Monitor and analyze inventory levels to identify discrepancies and trends.
• Develop and implement inventory control procedures to minimize waste and obsolescence.
• Ensure accurate tracking of all inventory items from receipt to distribution.
• Collaborate with various departments to forecast supply needs and manage stock.
• Optimize reorder points and safety stock levels based on usage patterns and lead times.
• Conduct regular cycle counts and physical inventories.
• Identify opportunities for cost savings and efficiency improvements in inventory management.
• Maintain relationships with vendors and suppliers regarding orders and deliveries.
• Assist in the evaluation and selection of new inventory management systems or technologies.
• Prepare reports on inventory status, turnover rates, and key performance indicators.

Skills

Inventory Optimization

Demand Forecasting

Data Analysis

Cost Reduction

Vendor Management

Supply Chain Planning

Report Generation

Problem-Solving

Communication

Attention to Detail

Education

Bachelor's degree in Supply Chain Management, Business Administration, Logistics, or related field

Tools

ERP systems

Inventory management software

Job description

Job Description

plaintext JOB SUMMARY The Inventory Analyst - Supply Chain - Materials Manager is responsible for managing and optimizing inventory levels, ensuring the efficient flow of supplies and materials within the organization, and contributing to the overall effectiveness of the supply chain operations.

Key Responsibilities

• Monitor and analyze inventory levels to identify discrepancies and trends.
• Develop and implement inventory control procedures to minimize waste and obsolescence.
• Ensure accurate tracking of all inventory items from receipt to distribution.
• Collaborate with various departments to forecast supply needs and manage stock.
• Optimize reorder points and safety stock levels based on usage patterns and lead times.
• Conduct regular cycle counts and physical inventories.
• Identify opportunities for cost savings and efficiency improvements in inventory management.
• Maintain relationships with vendors and suppliers regarding orders and deliveries.
• Assist in the evaluation and selection of new inventory management systems or technologies.
• Prepare reports on inventory status, turnover rates, and key performance indicators.

Schedule / Shift

Standard business hours, Monday to Friday.

Required Qualifications

• Bachelor's degree in Supply Chain Management, Business Administration, Logistics, or a related field.
• Proven experience in inventory management and supply chain operations.
• Strong understanding of inventory control principles and best practices.
• Proficiency in inventory management software and ERP systems.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.

Experience

• Minimum of 3-5 years of experience in inventory analysis or supply chain management.

Skills

• Inventory Optimization
• Demand Forecasting
• Data Analysis
• Cost Reduction
• Vendor Management
• Supply Chain Planning
• Report Generation
• Problem-Solving
• Communication
• Attention to Detail

EMR / Systems

• Experience with ERP systems and inventory management software.

Unit / Specialty

Supply Chain / Materials Management Education: Bachelors Degree

Company Description

Compunnel Inc., established in 1994; is a leading provider of Staffing, IT/Software, e-Learning/Training, Business Intelligence, and Cloud Solutions. A leader in contingent and permanent workforce solutions, we also provide temp-to-hire staffing, project-based/SOW staffing, and payroll services to our esteemed clientele which includes Fortune 500 companies of diverse industry segments. Ranked as one of the largest staffing firms in the US which is our primary service market; we also have a significant presence in Europe and Asia. As a national service provider in the US, we are serving our customers all major states and regions; thereby generating numerous job opportunities for prospective employees in their preferred locations of choice.

We have witnessed multi-fold YOY growth, and continuously adding a large pool of talented resources to our employee base every year. Our extensive experience in hiring professionals of multiple in-demand skill sets (IT, Engineering, Healthcare, Admin-Clerical, Finance, Professional, Light Industrial, etc.) further makes Compunnel a wider and preferred platform for people to pursue their careers in the US. We welcome people from all walks of life and cultures, and we support workforce diversity by providing equal employment opportunities to people without any discrimination based on race, color, gender, religion, national/ethnic region, disability, or any other basis.

Company Description

Compunnel Inc., established in 1994; is a leading provider of Staffing, IT/Software, e-Learning/Training, Business Intelligence, and Cloud Solutions. A leader in contingent and permanent workforce solutions, we also provide temp-to-hire staffing, project-based/SOW staffing, and payroll services to our esteemed clientele which includes Fortune 500 companies of diverse industry segments. Ranked as one of the largest staffing firms in the US which is our primary service market; we also have a significant presence in Europe and Asia. As a national service provider in the US, we are serving our customers all major states and regions; thereby generating numerous job opportunities for prospective employees in their preferred locations of choice.

We have witnessed multi-fold YOY growth, and continuously adding a large pool of talented resources to our employee base every year. Our extensive experience in hiring professionals of multiple in-demand skill sets (IT, Engineering, Healthcare, Admin-Clerical, Finance, Professional, Light Industrial, etc.) further makes Compunnel a wider and preferred platform for people to pursue their careers in the US. We welcome people from all walks of life and cultures, and we support workforce diversity by providing equal employment opportunities to people