Senior Retail Inventory Analyst

Placements24; George; Hybrid; ZAR 540,000 - 900,000; Full time

Benefits offered by this job

Fully remote work

Competitive salary and benefits

Job summary

Placements24 is seeking a Senior Retail Inventory Analyst for a fully remote role across South Africa. You'll analyze large inventory datasets, build forecasting models, and drive stock optimization for our national retail network, including George stores.

Requirements include 5+ years in retail inventory management, strong data analytics, proficiency in ERP and BI tools, and a related degree. This role offers flexible remote work and a competitive benefits package.

Qualifications

• 5+ years of experience in retail inventory management, analysis, or supply chain roles.
• Proven expertise in inventory analysis, forecasting, and demand planning.
• Strong analytical and quantitative skills with the ability to interpret complex data sets.
• Proficiency in inventory management software, ERP systems, and advanced MS Excel (pivot tables, VLOOKUP, macros).

Responsibilities

• Analyze inventory data to identify trends across multiple retail locations.
• Develop and refine inventory forecasting models to optimize stock levels.
• Implement and monitor inventory control procedures to minimize shrinkage.
• Collaborate with supply chain, merchandising, and store operations teams to align inventory strategies.
• Identify opportunities for process improvements in inventory management and reporting.
• Develop and generate regular inventory performance reports and dashboards for management.
• Conduct root cause analysis for inventory discrepancies and implement corrective actions.
• Optimize stock replenishment strategies to ensure product availability while minimizing holding costs.
• Evaluate the effectiveness of inventory management systems and recommend enhancements.
• Stay abreast of industry best practices and emerging technologies in inventory management.

Skills

Inventory analysis

Forecasting

Data analysis

Excel advanced

Education

Bachelor's degree in Supply Chain or Analytics

Tools

ERP systems

Tableau

Power BI

Job description

About the Role

Our client, a leading retailer with a strong national presence, is actively seeking a highly analytical and experienced Senior Retail Inventory Analyst. This is a fully remote position, offering the flexibility to work from anywhere within South Africa, supporting operations for stores including those in **George, Western Cape, ZA**. The Senior Inventory Analyst will play a critical role in optimizing inventory levels, improving stock accuracy, and driving cost efficiencies across the retail network. You will be responsible for analyzing vast amounts of inventory data, developing forecasting models, and implementing strategies to minimize stockouts and overstock situations. The ideal candidate possesses exceptional analytical skills, a deep understanding of inventory management principles in a retail context, and the ability to translate data into actionable insights. If you are a data-driven professional looking to make a significant impact on a company's bottom line, this remote role is an excellent opportunity.

Key Responsibilities

• Analyze inventory data to identify trends, patterns, and potential issues across multiple retail locations.
• Develop and refine inventory forecasting models to optimize stock levels and meet demand.
• Implement and monitor inventory control procedures to ensure accuracy and minimize shrinkage.
• Collaborate with supply chain, merchandising, and store operations teams to align inventory strategies with business goals.
• Identify opportunities for process improvements in inventory management and reporting.
• Develop and generate regular inventory performance reports and dashboards for management.
• Conduct root cause analysis for inventory discrepancies and implement corrective actions.
• Optimize stock replenishment strategies to ensure product availability while minimizing holding costs.
• Evaluate the effectiveness of inventory management systems and recommend enhancements.
• Stay abreast of industry best practices and emerging technologies in inventory management.

Requirements

• A minimum of 5 years of experience in retail inventory management, analysis, or supply chain roles.
• Proven expertise in inventory analysis, forecasting, and demand planning.
• Strong analytical and quantitative skills, with the ability to interpret complex data sets.
• Proficiency in inventory management software, ERP systems, and advanced MS Excel (e.g., pivot tables, VLOOKUP, macros).
• Excellent problem-solving and decision-making abilities.
• Strong communication and collaboration skills, with the ability to work effectively in a remote team environment.
• Experience with business intelligence tools (e.g., Tableau, Power BI) is a plus.
• A relevant degree in Supply Chain Management, Business Analytics, Statistics, or a related field.
• Must be based in **South Africa** and eligible to work remotely.

Benefits

Our client offers a competitive salary package, comprehensive benefits, and the significant advantage of a fully remote work environment. You will have the autonomy to manage your workload and contribute strategic insights from anywhere in **South Africa**. This role provides excellent opportunities for professional growth and development within a leading retail organization. Join a forward-thinking company that values data-driven decision-making and operational excellence. Benefit from a supportive team culture and the chance to significantly impact inventory efficiency and profitability.