Retail Inventory Analyst

Placements24; Mbombela (Nelspruit); On-site; ZAR 280,000 - 420,000; Full time

Benefits offered by this job

Competitive salary

Health benefits

Employee discounts

Training opportunities

Job summary

Placements24 in Mbombela, South Africa, seeks a detail‑oriented Retail Inventory Analyst to maintain optimal stock levels across its retail locations. You will analyze inventory data, forecast demand, and implement strategies to improve accuracy and turnover while reducing costs.

This role works with store managers and the supply chain team in a hands‑on retail environment, driving profitability through effective replenishment, seasonal planning, and performance reporting using Excel and SQL.

Qualifications

• Candidate holds a Bachelor's degree in a relevant field.
• Minimum 2 years in inventory analysis or management, preferably retail.
• Strong analytical and quantitative skills with proficiency in data tools (Excel, SQL).
• Familiar with inventory management systems and retail operations.

Responsibilities

• Monitor and analyze inventory levels across stores and distribution points.
• Develop demand forecasts based on historical sales data and trends.
• Implement inventory control procedures to improve accuracy and reduce discrepancies.
• Optimize stock replenishment to meet demand while controlling costs.
• Identify slow-moving or obsolete inventory and advise disposition strategies.
• Collaborate with store operations and merchandising for efficient stock management.

Skills

Inventory analysis

Excel

SQL

Data analysis

Retail operations

Education

Bachelor's degree in Business, Statistics, or related field

Tools

ERP systems

Power BI

Job description

Our client is seeking a detail-oriented and analytical Retail Inventory Analyst to join their team in Nelspruit . This role is critical for maintaining optimal inventory levels across all retail locations, ensuring product availability while minimizing excess stock and associated costs. You will be responsible for analyzing inventory data, forecasting demand, and implementing strategies to improve inventory accuracy and turnover. Working within the physical retail environment, you will collaborate closely with store managers and the supply chain team to ensure efficient stock management, contributing to the profitability and operational success of the business.

Key Responsibilities

• Monitor and analyze inventory levels across all retail stores and distribution points.
• Develop demand forecasts based on historical sales data, market trends, and promotional activities.
• Implement and manage inventory control procedures to ensure accuracy and reduce stock discrepancies.
• Optimize stock replenishment strategies to meet customer demand effectively while controlling costs.
• Identify slow-moving or obsolete inventory and recommend disposition strategies.
• Collaborate with store operations and merchandising teams to ensure efficient stock management and product placement.

Requirements

• Bachelor's degree in Business, Statistics, Supply Chain Management, or a related field.
• 2+ years of experience in inventory analysis or management, preferably within the retail sector.
• Strong analytical and quantitative skills, with proficiency in data analysis tools (e.g., Excel, SQL).
• Familiarity with inventory management systems and retail operations.
• Excellent problem-solving abilities and attention to detail.

Benefits

• Competitive salary and performance incentives.
• Health and wellness benefits package.
• Employee discounts on retail products.
• Training and development opportunities in retail analytics.
• Supportive team environment focused on operational excellence.