Inventory Analyst

Premier Staffing Solution
  • Richmond, VA
    2 days ago

    Job Description

    Inventory Analyst

    Department: Logistics
    Reports To: Supply Chain Manager
    Position Type: Full-Time | Exempt
    Location: Richmond, VA

    Position Summary

    We are seeking an analytical and detail-oriented Inventory Analyst to support inventory accuracy, material availability, and operational efficiency within a manufacturing environment. This role is responsible for analyzing inventory data, monitoring stock levels, identifying trends, and maintaining accurate inventory records to support production objectives.

    The Inventory Analyst partners cross-functionally with Operations, Production, Logistics, Quality, and Finance to improve inventory performance, reduce discrepancies, optimize inventory levels, and drive continuous process improvements through data-driven decision making.

    The ideal candidate thrives in a fast-paced manufacturing environment and possesses strong analytical, communication, and problem-solving skills.


    Key Responsibilities

    • Design, schedule, and execute cycle count programs across all inventory locations.
    • Coordinate cycle counts with warehouse and production teams to minimize operational disruption.
    • Analyze inventory count results, investigate discrepancies, and drive timely resolution.
    • Maintain inventory records and prepare inventory accuracy reports.
    • Lead root cause investigations for inventory variances, shortages, and overages.
    • Partner with Receiving, Production, Quality, Finance, and Logistics to resolve inventory issues.
    • Document findings and implement corrective and preventive actions.
    • Track recurring inventory issues and recommend process improvements.
    • Monitor inventory accuracy KPIs, including location accuracy, item accuracy, and overall inventory health.
    • Develop dashboards and reporting to communicate inventory performance.
    • Support physical inventories and year-end audits.
    • Maintain data integrity within the ERP system and correct inventory-related system issues.
    • Ensure accurate finished goods inventory to support shipping, customer fulfillment, and operational planning.
    • Provide inventory availability insights to support production planning.
    • Assist with material replenishment to ensure production schedules are met.
    • Participate in Sales & Operations Planning (S&OP) meetings as the inventory subject matter expert.
    • Identify inventory risks and communicate potential shortages proactively.
    • Cross-train as backup support for production scheduling and demand planning functions.
    • Support capacity planning and Material Requirements Planning (MRP) activities as needed.
    • Perform additional duties as assigned. 


    Qualifications

    Education & Experience

    • Bachelor's degree in Supply Chain Management, Business Administration, Operations Management, or a related field.
    • Minimum of 2 years of experience in inventory control, supply chain, or a manufacturing environment.

    Required Skills

    • Strong understanding of inventory control principles and cycle count methodologies.
    • Excellent analytical and problem-solving abilities.
    • High attention to detail and organizational skills.
    • Strong communication and interpersonal skills.
    • Ability to work effectively across multiple departments.
    • Experience with ERP systems (SAP, Oracle, or similar).
    • Advanced Microsoft Excel skills.
    • Ability to interpret inventory data and identify trends.
    • Knowledge of Material Requirements Planning (MRP) and production planning is preferred.

    Preferred Qualifications

    • APICS/ASCM, CPIM, CSCP, Lean Manufacturing, or other Supply Chain certifications.
    • Experience supporting production scheduling or demand planning.

    Professional Competencies

    • Strong sense of urgency and accountability.
    • Excellent organizational and time management skills.
    • Ability to manage multiple priorities in a fast-paced environment.
    • Team-oriented with a collaborative mindset.
    • Demonstrates integrity, professionalism, and sound judgment.
    • Adaptable and capable of managing changing priorities.
    • Commitment to workplace safety and continuous improvement.

    Physical Requirements

    • Sit and stand for extended periods.
    • Occasionally lift up to 25 pounds.
    • Walk throughout warehouse and manufacturing areas.
    • Bend, twist, and reach as necessary to perform job functions.

    Work Environment

    • Office and manufacturing environment.
    • Exposure to warehouse and production areas.
    • Occasional travel may be required.

    Benefits

    Comprehensive benefits package available, including:

    • Medical, Dental, and Vision Insurance
    • 401(k)
    • Paid Time Off
    • Paid Holidays
    • Life Insurance
    • Short-Term & Long-Term Disability
    • Flexible Spending Account (FSA)
    • Additional company-sponsored benefits

    Numbers & Facts

    LocationRichmond, VA

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