Inventory & Purchasing Analyst: Optimize Stock & Costs

Watsco; Phoenix (AZ); On-site; USD 55,000 - 75,000; Full time

Job summary

Watsco in Phoenix, AZ is seeking an Inventory Analyst to monitor and optimize stock levels across locations. The role encompasses analyzing discrepancies, updating costs, conducting weekly cycle counts, and coordinating with carriers, suppliers, and internal teams to maintain accurate inventory records.

You will produce weekly aging reports, review PPV variations, and drive improvements to reduce shortages and excess inventory while ensuring timely adjustments and clear communication with stores

Responsibilities

• Maintain information on all stocking items and vendor information in ERP, including costs.
• Set up and maintain new part numbers as needed.
• Monitor the timeliness of cost updates.
• Analyze and explain PPV variations at month end.
• Conduct and coordinate weekly cycle counts across locations.
• Enter inventory adjustments within 8 days after completing counts.
• Prepare and send communications to stores with significant differences and expected completion dates.
• Monitor and process Carrier and RCD invoices with price/quantity differences.
• Coordinate annual physical inventory.
• Develop policies and procedures for purchase and processing of Icron items.
• Review aging of inventory and address slow or excess stock.
• Investigate and process inventory adjustments and root-cause analyses.
• Monthly review of unavailable inventory reports and related warranty expenses.

Job description

Watsco in Phoenix, AZ is seeking an Inventory Analyst to monitor and optimize stock levels across locations. The role encompasses analyzing discrepancies, updating costs, conducting weekly cycle counts, and coordinating with carriers, suppliers, and internal teams to maintain accurate inventory records.

You will produce weekly aging reports, review PPV variations, and drive improvements to reduce shortages and excess inventory while ensuring timely adjustments and clear communication with stores