Inventory Analyst

2 - 7 years

1.75 - 4.75 Lacs P.A.

Surat

Posted:2 weeks ago| Platform: Naukri logo

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Skills Required

Inventory AnalysisInventory ControlStock TakingInventory OptimizationInventory ManagementSupply Chain PlanningInventory PlanningDemand ForecastingLogistics PlanningSupply Chain OperationsWarehouse OperationsStock Analysis

Work Mode

Work from Office

Job Type

Full Time

Job Description

Key Responsibilities: Monitor, analyze, and report on inventory levels, trends, and turnover rates. Forecast inventory needs based on sales trends, seasonality, and promotional activity. Identify excess, obsolete, or slow-moving inventory and recommend actions. Reconcile inventory discrepancies across warehouses, production, and sales departments. Collaborate with procurement, production, warehousing, and sales teams to ensure optimal inventory management. Maintain accurate inventory records in the ERP or inventory management system. Conduct regular inventory audits and cycle counts to ensure data integrity. Recommend process improvements to streamline inventory handling and reduce waste. Develop and maintain inventory KPIs (e.g., stock accuracy, days on hand, fulfillment rate). Qualifications: Bachelor's degree in Supply Chain Management, Business, Finance, or a related field. 24 years of experience in inventory management or supply chain analytics. Strong proficiency in Excel, and experience with ERP or inventory systems (e.g., SAP, NetSuite, Zoho, etc.). Analytical mindset with attention to detail and problem-solving skills. Ability to interpret large datasets and convert them into actionable insights. Excellent organizational, communication, and collaboration skills. Preferred Skills: Experience in textile, retail, or manufacturing Knowledge of data visualization tools (e.g., Power BI, Tableau). Understanding of demand planning and procurement processes.

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