Inventory Analyst

Placements24; Benoni; Hybrid; ZAR 240,000 - 420,000; Full time

Benefits offered by this job

Salary incentives

Health insurance

Remote work

Career growth

Data-driven culture

Job summary

Placements24 seeks a detail-oriented Inventory Analyst to join a fully remote team supporting operations in Benoni and beyond. You will forecast demand, optimize stock levels, and implement strategies to minimize carrying costs across distributed locations.

You will leverage data analysis to forecast trends, monitor accuracy, and collaborate with procurement, sales, and logistics to drive efficiency and financial performance.

Qualifications

• Proven experience as Inventory Analyst or similar role.
• Strong Excel and data-analysis capabilities.
• Understanding of supply chain principles and inventory control.
• Excellent attention to detail and ability to work with large datasets.
• Effective remote communication and collaboration skills.

Responsibilities

• Analyze inventory data to forecast demand, identify stock trends, and optimize stock levels.
• Develop and implement inventory management strategies to reduce carrying costs and prevent stockouts.
• Monitor inventory accuracy through regular data reconciliation and reporting.
• Collaborate with procurement, sales, and logistics teams to align inventory strategies with business objectives.
• Identify and recommend process improvements for inventory control and tracking systems.
• Prepare regular reports on inventory performance, including key metrics and insights.

Skills

Analytical skills

Excel proficiency

Data analysis

Remote collaboration

Attention to detail

Tools

Inventory software

ERP software

Job description

About the Role

Our client is looking for a detail-oriented and analytical Inventory Analyst to join their fully remote team, supporting operations in Benoni and beyond. This role is fundamental to maintaining optimal inventory levels, ensuring accuracy, and minimizing carrying costs. You will leverage data analysis to forecast demand, identify trends, and implement strategies for efficient inventory management across distributed locations. This is a fantastic opportunity for a proactive professional to contribute to the strategic direction of inventory management in a dynamic, remote-first environment, driving significant improvements in operational efficiency and financial performance.

Key Responsibilities

• Analyze inventory data to forecast demand, identify stock trends, and optimize stock levels.


• Develop and implement inventory management strategies to reduce carrying costs and prevent stockouts.


• Monitor inventory accuracy through regular data reconciliation and reporting.


• Collaborate with procurement, sales, and logistics teams to align inventory strategies with business objectives.


• Identify and recommend process improvements for inventory control and tracking systems.


• Prepare regular reports on inventory performance, including key metrics and insights.

Requirements

• Proven experience as an Inventory Analyst or in a similar inventory management role.


• Strong analytical and quantitative skills, with proficiency in Excel and inventory management software.


• Understanding of supply chain principles and inventory control methodologies.


• Excellent attention to detail and ability to work with large datasets.


• Effective remote communication and collaboration skills, with a self-starter attitude.

Benefits

• Competitive salary and performance-based incentives.


• Comprehensive health, dental, and vision insurance plans.


• Flexible working hours and a fully remote work environment.


• Opportunities for continuous learning and professional growth.


• A collaborative culture that values data-driven decision-making.