Inventory Optimization Analyst

Waterworks

Brookfield (CT)

On-site

USD 50,000 - 57,000

Full time

11 hours ago
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Job summary

Waterworks is seeking an Inventory Analyst to optimize inventory levels across multiple warehouses, minimize excess stock, and manage reserves to protect profitability. The role collaborates with Finance, Supply Chain, and Product teams to reduce carrying costs and improve cash flow.

The ideal candidate has a 4-year degree in business/finance, 2–4 years of analytical experience, and strong Excel skills. Excellent communication and independent work style are essential for success in this on-site

Qualifications

  • Bachelors degree, or equivalent, in Business Administration or Finance.
  • 2-4 years of experience in an analytical role.
  • Inventory management experience a plus.
  • Proficient Excel 2007 skills.
  • Ability to partner with other departments and take lead role in ensuring proper management of inventory.
  • Independent, self starter.
  • Detail oriented, with excellent follow‑through skills.
  • Strong communication skills both written and verbal.
  • Strong candidate identified.

Responsibilities

  • Track and analyze inventory levels across multiple warehouse locations to identify excess, obsolete, unallocated and slow-moving stock.
  • Partner with Finance to track and report on liquidation inventory progress, recovery rates, margin and financial impacts.
  • Develop dashboards to monitor liquidation performance and identify trends.
  • Partner with Finance and Procurement teams to assess inventory aging, demand trends, and Liquidation strategies to align on current and future reserve implications.
  • Collaborate with Accounting and Finance to conduct annual review of reserve categorizations and rates and ensure compliance with company policies.
  • Identify inventory eligible for scrap or write-off and initiate proper disposal processes.
  • Work with operations and warehouse teams to ensure timely execution of scrap activities.
  • Partner with Procurement and Quality to assess product disposition (transformation, builds, factory returns, etc)
  • Partner with Procurement team to support management of product transitions.
  • Identify and track inventory assortment for Liquidation channel including opportunities to maximize inventory recovery value.
  • Work with Finance on pricing and margin strategies by line of business and liquidation events
  • Partner with Supply Chain, Finance, and Warehouse teams to align on inventory strategies regarding the management of liquidation inventory, communicating inventory concerns, risk factors, and reserve implications.
  • Partner with Sales, Product Management, and Supply Chain teams to align liquidation efforts with broader business objectives.
  • Communicate liquidation plans, timelines, and outcomes to key stakeholders.

Skills

Excel
Communication
Analytical
Self-starter
Detail-oriented

Education

Bachelor's degree in Business Administration or Finance

Tools

Excel 2007

Job description

Waterworks is seeking an Inventory Analyst to optimize inventory levels across multiple warehouses, minimize excess stock, and manage reserves to protect profitability. The role collaborates with Finance, Supply Chain, and Product teams to reduce carrying costs and improve cash flow.

The ideal candidate has a 4-year degree in business/finance, 2–4 years of analytical experience, and strong Excel skills. Excellent communication and independent work style are essential for success in this on-site

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