Job #: F10306 | Added Date: 06/17/2022

Inventory Analyst

IMPORT / EXPORT

  • Full-time
  • 63-65K
  • Region: US
  • Location: Irving , TX

Overview

A Japanese manufacturing company is seeking an Inventory Analyst in Texas. The Inventory Analyst is responsible to maintain inventory accuracy and data management as an internal expert.


Description

General Position Summary
    • This position is responsible for keeping inventory 98% accurate within ERP system and conducting end of month inventory reconciliation by ensuring compliance of inventory related policies and procedures across all stock keeping locations.
Essential Job Functions
  • Inventory Control
    • Maintain 98% inventory accuracy level.
    • Conduct month-end inventory reconciliations to meet monthly closing schedule and report all adjustments summary to Finance and Accounting.
    • Research, document and resolve inventory discrepancies. (over/under, damage, hold, donation, etc.) using all available resources.
    • Monitor inventory related activities on weekly basis and accountable for all the item journal adjustments including auto-adjustments created by ERP system.
    • Document all adjustments and report monthly.
    • Manage accuracy of inventory status such as Available, Hold, Damaged or Expired are matching between 3PLs and ERP.
    • Lead the inventory disposal process and execution.
    • Monthly Reporting of Inventory Reserve (Write offs and short-dated products) of all US warehouses and Co-packers in US and Asia.
    • Ensure that product is rotated on the FEFO basis in all warehouses.
    • Establish new or additional procedure to improve inventory management if necessary
  • Data Management
    • Be an internal Inventory Control and Data Management Expert.
    • Work with 3PL’s to effectively implement process or system improvement including EDI/Inventory Sync.
    • Work directly with internal and external technical resources to trouble-shoot issues related to Inventory.
    • Lead strategic planning and implementations of operational excellence and continuous improvements when necessary.
    • Own data accuracy for each item card within ERP, GS1 GDSN and 3PLs.
    • Own master inventory data to be sent to each 3PL when new SKUs are established or being imported for the first time.
    • Asist team members for BC/technical related Inventory issues.


Requirements

  • Skills Required
    • A minimum of bachelor’s degree required
    • Minimum of five years of inventory management
    • Advanced Expertise using Excel and data analysis
    • 1 World Sync/GDSN (Global data Synchronization) experience is a plus
    • Understand all aspects of inventory operations that impact inventory accuracy
    • Advanced Knowledge of Microsoft 365 Business Central or NetSuite is required.
    • Excellent written and verbal communication skills
    • Excellent math abilities and working knowledge of data analysis/statistical methods
    • Proven ability to communicate with all levels of management
    • Requires 10% of domestic travels when necessary
    • Working knowledge of accounting/GAAP is required

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