Inventory Analyst: Forecasting & Optimization

Pharmco; Town of Florida (NY); On-site; USD 55,000 - 75,000; Full time

Job summary

Pharmco in Florida is seeking a detail-oriented Inventory Analyst to manage and optimize stock levels across our operations. You will monitor inventory trends, forecast demand, and collaborate with cross-functional teams to prevent shortages or overstock.

The position requires a Pharmacy Technician license or ability to obtain within 90 days, a Bachelor’s degree in a related field, and 2+ years’ inventory management experience. Proficiency with SAP/Oracle/NetSuite and Excel is preferred.

Qualifications

• Pharmacy Technician license or ability to obtain within 90 days.
• Bachelor’s degree in Supply Chain Management, Business, Finance, or a related field.
• 2+ years of inventory management, supply chain, or related roles.
• Strong analytical and problem-solving skills with attention to detail.
• Proficiency in inventory management software (e.g., SAP, Oracle, NetSuite) and Excel.
• Ability to work cross-functionally and communicate effectively with internal teams and external vendors.
• Experience with data analysis and forecasting techniques is a plus.

Responsibilities

• Analyze inventory data to identify trends, discrepancies, and opportunities for improvement.
• Develop and maintain accurate inventory reports, tracking stock levels and turnover rates.
• Forecast demand based on historical data, sales trends, and market conditions.
• Collaborate with procurement, supply chain, and warehouse teams to ensure optimal inventory levels.
• Identify and resolve inventory discrepancies, investigating root causes and implementing corrective actions.
• Assist in setting and maintaining inventory KPIs, such as stock accuracy and order fulfillment rates.
• Work with suppliers and vendors to coordinate shipments and manage lead times.
• Support inventory audits and cycle counting processes to maintain data integrity.
• Utilize inventory management systems (IMS) and ERP software to track and optimize stock levels.
• Provide recommendations for process improvements to reduce costs and enhance efficiency.

Skills

Inventory management

Analytical skills

Forecasting

Excel

ERP software

Cross-functional collaboration

Education

Bachelor’s degree in related field

Pharmacy Technician license or ability to obtain within 90 days

Tools

SAP

Oracle

NetSuite

Job description

Pharmco in Florida is seeking a detail-oriented Inventory Analyst to manage and optimize stock levels across our operations. You will monitor inventory trends, forecast demand, and collaborate with cross-functional teams to prevent shortages or overstock.

The position requires a Pharmacy Technician license or ability to obtain within 90 days, a Bachelor’s degree in a related field, and 2+ years’ inventory management experience. Proficiency with SAP/Oracle/NetSuite and Excel is preferred.