Inventory Planning & Optimization Analyst

Socket.dev; Dallas (TX); On-site; USD 65,000 - 90,000; Full time

Job summary

Bosch is seeking an Inventory Planning Analyst to optimize product availability and drive cost reductions across purchasing, replenishment, and supplier management. You will partner with Sales, Operations, and Distribution to balance demand with supply and support growth.

The role focuses on improving inventory turns, reducing SMOD, and maintaining Weeks of Supply targets through data-driven planning and cross-functional collaboration.

Qualifications

• Bachelor's degree and/or 3-5 years of equivalent experience.
• 2+ years of experience in inventory planning, supply chain, purchasing, replenishment, or demand planning
• Experience managing purchase orders, supplier relationships, and inventory levels in a distribution, manufacturing, or wholesale environment
• Experience applying inventory management principles, including demand forecasting, replenishment planning, inventory optimization, inventory turns, and Weeks of Supply (WOS)

Responsibilities

• Manage purchasing and replenishment activities by generating and issuing purchase orders to maintain product availability while minimizing freight costs.
• Monitor and maintain inventory stock parameters, Weeks of Supply (WOS), and stocking profiles to ensure alignment with market demand and sales objectives.
• Coordinate product phase-ins and phase-outs with Sales, Operations, and Suppliers to minimize excess inventory and ensure a seamless customer transition.
• Support hub-and-spoke distribution strategies by managing transfers, auto-generated replenishment orders, and resolving inventory exceptions.
• Lead regular supplier performance reviews, addressing aged purchase orders, delivery issues, cost concerns, distressed inventory (SMOD), and inventory rebalancing opportunities.
• Partner with Sales and Suppliers to improve product competitiveness, identify alternate sourcing options, and disposition excess or obsolete inventory.
• Conduct regular meetings with market sales leaders, store managers, and branch locations to review inventory strategies, product availability, sales performance, and growth initiatives.
• Ensure seasonal and high-demand products are stocked appropriately to support customer needs and revenue growth.
• Identify opportunities to consolidate products and suppliers to optimize spend, improve vendor leverage, and increase operational efficiency.
• Drive continuous improvement initiatives focused on inventory turns, SMOD reduction, stock availability, and overall supply chain performance.

Skills

Analytical skills

Data analysis

Communication skills

Inventory optimization

Education

Bachelor's degree

MBA desired

Tools

NxTrend

SAP

Job description

Bosch is seeking an Inventory Planning Analyst to optimize product availability and drive cost reductions across purchasing, replenishment, and supplier management. You will partner with Sales, Operations, and Distribution to balance demand with supply and support growth.

The role focuses on improving inventory turns, reducing SMOD, and maintaining Weeks of Supply targets through data-driven planning and cross-functional collaboration.