Position Overview
The Inventory Analyst is a regional role that will support the Inventory Controller on all financial aspects of the Inventory Management function and work in collaboration with the Operations Managers and Warehouse Partners.
Job Responsibilities
Finance Support and Inputs:
- Manage the SFPP (Square Foot per Part) and space utilization for all clients in their respective regions
- Coordinate storage measurement requests for new clients and new partners and where remeasurements need to be updated including reviewing the calculation on the measurement form and working with the Choice Operations Managers and partner to confirm appropriate storage
- Manage storage billing inputs for new clients and warehouse remeasurements and fixed/recurring amounts
- Partner with billing team on updates to CSPI
- Reconcile partner invoicing differences in billing and coordinate with Partner to resolve
- Review the weekly pre-bill file analytically for potential errors, work with Inventory controller to establish a pre-bill review process
- Provide support to Inventory Controller to gather data on all Partners, and confirm compliance or lack thereof with our storage methodology and reconcile differences for the Partner payable account
- Take part in the creation and development of a storage billing verification file (future state)
- Support the design and creation of reporting and KPIs to measure trends in storage from both a partner and client perspective. Utilization, cost, inventory volumes, etc.
Physical Inventories:
- Manage Physical inventory requests for all clients in their respective regions
- Maintain a master list of all Physical Inventories in their respective regions
- Coordinate with the partner on scheduling to meet client requirements
- Provide IOH and other reporting
- Gather all results and reconcile
- Prepare billing file to be handed off to Operational Finance team
Cycle Counts:
- Create and manage cycle count schedule by client. Collaborate with Operations Managers and Warehouse Partners to ensure counts are completed timely and accurately.
- Coordinate reconciliation of cycle counts with Operations Managers
- Provide support to the inventory controller on process improvements and system understanding (“future state”)
- Provide billing team data an analysis to support client billing for cycle counts
Inventory Loss – “ZZZ” (Shrink):
- Client
- Monitor all shrink for clients in their respective regions
- Provide inventory controller support for Client annual shrink calculation deliverable
- Perform ZZZpurges according to client contract
- Partner
- Work with Operations Managers to track part loss at partner level.
- Coordinate and reconcile credits for parts deemed loss in compliance with partner contracts
- Support the design and implementation of automated / self service inventory loss reporting. Separate client and partner data
Operational Support:
- Work closely with PMO team on warehouse moves and impact on storage measurements, part loss, and inventory counts in conjunction with moves
- Customer Inventory Management
- Completeness and Accuracy Controls by Location
- Inventory Profile Analysis
- Incoming and exiting warehouses
- Inventory Attribute Changes
- Warehouse management
- Work with the Inventory controller on providing storage methodology training to warehouse partners
- Inventory Adjustments
- Support Inventory Controller to establish global controls for inventory adjustments
Skills/Qualifications
- Bachelor’s degree
- 3+ years’ in an inventory management role
- Strong analytical, critical thinking, and effective communication skills (both oral and written)
- Demonstrated proficiency with MS Excel, including advanced features (pivot tables, filters, lookups, macros, etc.)
- Self-directed with a strong work ethic; capable of working independently with limited supervision.