Strategic Inventory Analyst - Forecast & Optimize

Mitsubishi Turbocharger and Engine America, Inc.; Itasca (IL); On-site; USD 70,000 - 100,000; Full time

Job summary

Mitsubishi Turbocharger and Engine America, Inc. in Itasca, IL is looking for an Inventory Analyst to manage and optimize aftermarket parts inventory.

You will ensure the right parts are available at the right time while minimizing excess stock and carrying costs, collaborating with sales, procurement, warehouse, and suppliers to improve fill rates. Key duties include analyzing inventory levels and demand forecasts, setting min/max levels and safety stock, expediting purchase orders, identifying

Qualifications

• Bachelor’s degree in supply chain, business or finance is required.
• 3+ years of inventory planning or supply chain experience.
• Strong analytical and problem-solving skills with attention to detail.

Responsibilities

• Analyze inventory levels, usage trends, and demand forecasts to ensure optimal stock availability.
• Monitor fill rates, backorders, and order fulfillment performance.
• Develop min/max levels and safety stock parameters.
• Collaborate with procurement to place and expedite purchase orders.
• Identify slow-moving and obsolete inventory and recommend dispositions.
• Support pricing, promotions, and product lifecycle decisions through data analysis.
• Perform inventory audits and reconcile discrepancies to maintain accuracy.
• Generate reports on inventory KPIs and trends.
• Coordinate with warehouse to improve handling and storage efficiency.
• Assist in new product introductions and phase-outs for inventory alignment.

Skills

Analytical skills

Problem-solving

Communication skills

Education

Bachelor's degree in supply chain, business, or finance

Tools

ERP systems

Excel

Job description

Mitsubishi Turbocharger and Engine America, Inc. in Itasca, IL is looking for an Inventory Analyst to manage and optimize aftermarket parts inventory.

You will ensure the right parts are available at the right time while minimizing excess stock and carrying costs, collaborating with sales, procurement, warehouse, and suppliers to improve fill rates. Key duties include analyzing inventory levels and demand forecasts, setting min/max levels and safety stock, expediting purchase orders, identifying