Assistant Manager - Inventory Analyst

What You'll Do

To closely monitor the inventory values and provide inventory analysis for all products to improve the working capital metrics (DOH) through effective co-ordination with cross functional team

• Responsible for analyzing and managing the plant Inventory level, Optimizing Inventory to meet the committed ENCORE Inventory and DOH by every month with support of Procurement, Planning and Sales ops and update the Inventory performance to APAC
• Analyze Inventory data: Collect, analyze and interpret inventory data to identify trends, patterns and areas for Improvement
• Optimize Inventory levels: Develop and Implement Inventory optimization strategies to minimize stockouts, overstocking and obsolescence
• Drive and reduce the slow-moving Inventory with action plan
• Drive and reduce the E&O liquidation with proper analysis
• Manage Inventory Metrics: Track and report on key inventory metrics, such as DOH, Inventory encore vs actual, MTO ageing, E&O
• Develop and maintain reports to track inventory performance and provide insights to stakeholders
• Review of Buy analysis with support of reporting, Procurement and planning
• Monitoring the inventory movement and provides regular analysis for inventory reduction and corrective actions
• Preparing Inventory report on weekly basis and conducting review meeting for action plan with inventory stakeholders
• Monitoring quality non-conformance inventory for its liquidation liaising with Quality and other cross functional team
• Periodic master data review on Safety stock, lead time, MOQ, MTO /MTS etc. and maintaining in SAP ERP liaison with SCM & operations team
• Analyzing the E&O inventory and exploring for action plan for liquidation complying with company policy
• Following up for timely execution of exception actions like pull in, push out and cancel on supplier/customer orders and thereby balancing the supply & Demand
• Daily Monitoring and controlling excess receipt against plan
• Monitor and review the forecast Vs consumption through effective co-ordination with demand planner and order booking team
• Effectively participating in SIOP facilitating with data on inventory impact due to forecast variance
• Monthly analysis of DOH report hits and misses analysis
• Monitoring service inventory and supporting inventory actions

Qualifications

• Any Engineering/ Finance Degree with inventory controller/ inventory analysts experience
• 8+years experience in Inventory and SCM function

Skills

• Good knowledge in SAP ERP system
• Power BI Dashboard
• Good Knowledge in MS tools and Macro
• Excellent written and verbal communication skills.
• High degree of professional presence and customer interface skills
• Very adept at influencing to achieve results through others when required
• Team player
• Ability to get things done through teams effectively
• Ability to forge strong relationships at all levels of the organization.
• Good interpersonal skills, planning and analytical ability
• Highly ethical and able to work in cross functional team