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Inventory Analyst

Feeblo

Johannesburg

On-site

ZAR 300,000 - 450,000

Full time

2 days ago
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Job summary

A leading company is seeking an Inventory Analyst in Johannesburg to optimize stock levels, minimize excess inventory, and ensure product availability. The successful candidate will utilize data-driven analysis to improve inventory efficiency and support cross-functional collaboration. An ideal applicant will possess a bachelor's degree in a relevant field and have substantial experience in inventory control and demand planning.

Qualifications

  • 3+ years in inventory control or supply chain analytics.
  • Experience in retail, e-commerce or manufacturing is preferred.
  • Proficiency in ERP systems and analytics tools.

Responsibilities

  • Optimize stock levels and prevent stockouts through data analysis.
  • Generate inventory reports and monitor key metrics.
  • Collaborate with procurement and warehouse teams.

Skills

Analytical Thinking
Attention to Detail
Problem-Solving
Communication

Education

Bachelor’s Degree in Supply Chain, Business Analytics, Finance
CPIM Certification
CSCA Certification
Six Sigma (Green Belt)

Tools

SAP
Oracle
Fishbowl
Power BI
Tableau
Advanced Excel

Job description

The Inventory Analyst is responsible for optimizing stock levels, minimizing excess inventory, and preventing stockouts through data-driven analysis. This role ensures the right products are available at the right time while reducing carrying costs and improving cash flow.

Key Responsibilities :

1. Inventory Optimization & Demand Forecasting

  • Analyze historical sales data, trends, and seasonality to forecast demand accurately.
  • Set optimal stock levels (safety stock, reorder points) using statistical models.
  • Identify slow-moving or obsolete inventory and recommend liquidation strategies.

2. Data Analysis & Reporting

  • Generate daily / weekly inventory reports (turnover rates, fill rates, GMROI).
  • Monitor key metrics (stockouts, overstock, shrinkage) and propose corrective actions.
  • Use ERP / WMS systems (SAP, Oracle, NetSuite) to track inventory in real time.

3. Cross-Functional Collaboration

  • Work with procurement to align purchase orders with demand forecasts.
  • Partner with warehouse teams to improve stock accuracy (cycle counts, audits).
  • Support sales and marketing in planning promotions or new product launches.

4. Process Improvement

  • Implement automation tools (barcode scanners, RFID) to reduce manual errors.
  • Develop inventory dashboards (Power BI, Tableau) for leadership visibility.
  • Streamline inventory replenishment processes using lean methodologies.
  • Mitigate risks of stockouts, overstocking, or supplier delays .
  • Analyze supply chain disruptions and adjust inventory strategies accordingly.

Technical Skills

  • Advanced Excel / Google Sheets – Pivot tables, VLOOKUP, macros
  • Inventory Management Software – SAP, Oracle, Fishbowl, or similar
  • Statistical Analysis – Forecasting models (moving averages, exponential smoothing)
  • ERP / WMS Systems – Real-time inventory tracking

Soft Skills

  • Analytical Thinking – Turning data into actionable insights
  • Attention to Detail – Ensuring accuracy in stock records
  • Problem-Solving – Addressing discrepancies and inefficiencies
  • Communication – Explaining complex data to non-technical teams

Qualifications & Experience :

Education :

  • Bachelor’s Degree in Supply Chain, Business Analytics, Finance, or related field
  • Certifications (Preferred) :

CPIM (Certified in Production and Inventory Management) – APICS

  • CSCA (Certified Supply Chain Analyst)
  • Six Sigma (Green Belt) – For process optimization

Experience :

  • 3+ years in inventory control, demand planning, or supply chain analytics .
  • Experience in retail, e-commerce, or manufacturing is highly valued.
  • Proficiency in ERP systems and advanced analytics tools.
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Inventory Analyst • Johannesburg, Gauteng, South Africa

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