Retail Inventory Analyst

Placements24; Sandton; Hybrid; ZAR 360,000 - 540,000; Full time

Benefits offered by this job

Competitive salary

Medical and retirement benefits

Hybrid work model

Collaborative work environment

Job summary

Placements24 is seeking a Retail Inventory Analyst to join our client in Sandton on a hybrid schedule. You will analyze inventory data, forecast demand, and optimize stock levels across retail locations to maximize service levels while minimizing costs.

The role requires strong analytical and quantitative skills, proficiency in Excel and inventory management software, and a Bachelor's degree in SCM or Business Analytics.

Qualifications

• Bachelor's degree in SCM, Business Analytics, or related field.
• Strong analytical and quantitative skills with understanding of inventory control.
• Experience in retail or supply chain inventory analysis is desirable.

Responsibilities

• Analyze inventory data to forecast demand and optimize stock levels for all product lines.
• Monitor inventory performance and implement corrective actions.
• Develop and maintain inventory reports, dashboards, and KPIs.
• Collaborate with procurement and sales teams to ensure efficient stock flow and timely replenishment.
• Recommend strategies to reduce excess inventory and improve turnover.

Skills

Analytical thinking

Quantitative skills

Communication

Forecasting

Education

Bachelor's degree in Supply Chain Management or Business Analytics

Tools

Excel

Inventory management software

Job description

About the Role

Our client is seeking a highly analytical and detail-oriented Retail Inventory Analyst to join their team, working a hybrid schedule from Sandton . You will be responsible for managing and optimizing inventory levels across multiple retail locations, ensuring product availability while minimizing holding costs and stockouts. This role requires strong quantitative skills, a deep understanding of inventory management principles, and the ability to leverage data to make informed decisions. You will play a vital role in improving supply chain efficiency and profitability for the business in Gauteng .

Key Responsibilities

• Analyze inventory data to forecast demand and optimize stock levels for all product lines.
• Monitor inventory performance, identifying discrepancies and implementing corrective actions.
• Develop and maintain inventory reports, dashboards, and key performance indicators (KPIs).
• Collaborate with procurement and sales teams to ensure efficient stock flow and timely replenishment.
• Recommend strategies to reduce excess inventory and improve inventory turnover rates.

Requirements

• Proven experience as an Inventory Analyst or in a similar role within retail or supply chain.
• Strong analytical and quantitative skills with proficiency in Excel and inventory management software.
• Excellent understanding of inventory control techniques and supply chain principles.
• Strong communication and reporting skills.
• Bachelor's degree in Supply Chain Management, Business Analytics, or a related field.

Benefits

• Competitive salary and potential for performance-based bonuses.
• Comprehensive medical and retirement benefits.
• Opportunity to influence inventory strategy and supply chain optimization.
• Flexible hybrid work model offering work-life balance.
• A professional and collaborative work environment in Sandton .