Remote Retail Inventory Analyst

Placements24; Mbombela (Nelspruit); Hybrid; ZAR 360,000 - 480,000; Full time

Benefits offered by this job

Competitive bonus

Fully remote work

Health insurance

Paid time off

Professional development

Job summary

Placements24 is seeking a data-driven Remote Retail Inventory Analyst to optimize stock levels across our diverse retail channels. You will analyze data, forecast demand, and implement inventory strategies to reduce stockouts and overstock while supporting profitability and customer satisfaction.

The ideal candidate has strong Excel/SQL/Power BI skills, a Bachelor’s in a related field, and hands-on experience with ERP or inventory systems.

Qualifications

• Bachelor's degree in a related field is required or equivalent.
• Strong analytical and data manipulation skills.
• Experience with data visualization and ERP/inventory systems preferred.

Responsibilities

• Analyse inventory data to identify trends, forecast demand, and optimize stock levels across all locations.
• Develop and maintain accurate inventory reports and dashboards for management review.
• Implement strategies to reduce stockouts, minimize overstock, and improve inventory turnover rates.
• Collaborate with supply chain, purchasing, and sales teams to align inventory plans with business objectives.
• Monitor stock movements, identify discrepancies, and recommend corrective actions.
• Utilize inventory management software and analytical tools to improve efficiency and accuracy.

Skills

Analytical thinking

Attention to detail

Problem solving

Education

Bachelor's degree in Supply Chain Management, Business Analytics, Finance, or related field

Tools

Excel

SQL

Power BI

Job description

About the Role

Our client is seeking a data-driven and analytical Remote Retail Inventory Analyst to join their expanding operations team. This position is vital for optimizing inventory levels, minimizing stockouts, and reducing excess stock across the company's diverse retail channels. You will leverage data analytics and forecasting tools to ensure the right products are in the right place at the right time, contributing significantly to profitability and customer satisfaction. This is a fully remote role, ideal for a meticulous professional who thrives on analysing complex data sets and implementing strategic inventory solutions.

Key Responsibilities

• Analyse inventory data to identify trends, forecast demand, and optimize stock levels across all locations.
• Develop and maintain accurate inventory reports and dashboards for management review.
• Implement strategies to reduce stockouts, minimize overstock, and improve inventory turnover rates.
• Collaborate with supply chain, purchasing, and sales teams to align inventory plans with business objectives.
• Monitor stock movements, identify discrepancies, and recommend corrective actions.
• Utilize inventory management software and analytical tools to improve efficiency and accuracy.

Requirements

• Proven experience as an Inventory Analyst or in a similar data analysis role within retail.
• Strong analytical skills with proficiency in data manipulation and visualization tools (e.g., Excel, SQL, Power BI).
• In-depth understanding of inventory management principles , forecasting techniques, and supply chain dynamics.
• Experience with ERP and inventory management systems .
• Excellent problem-solving abilities and a meticulous attention to detail.
• Bachelor's degree in Supply Chain Management, Business Analytics, Finance, or a related field.

Benefits

• Competitive annual salary and performance-based bonuses.
• Fully remote work arrangement with flexible hours.
• Comprehensive health, dental, and vision insurance plans.
• Generous paid time off and company holidays.
• Professional development opportunities and access to advanced analytical training.