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Regal Rexnord · 14 hours ago

Inventory Optimization Analyst

Milwaukee, WI

Full-time

Hybrid

Mid, Senior Level

$80K/yr - $90K/yr

5+ years exp

Regal Rexnord is a publicly held global industrial manufacturer providing sustainable solutions that power, transmit, and control motion. The Inventory Optimization Analyst is responsible for analyzing and improving inventory management processes, working with cross-functional teams to optimize stock levels and reduce costs while maintaining service levels.

AgricultureAutomotiveCommercialMachinery ManufacturingManufacturing

No H1B

Hiring Manager

Angela Bradford Petty

Responsibilities

Analyze current inventory levels and turnover rates to identify opportunities for optimization

Help in implementing inventory optimization strategies to minimize excess stock, reduce costs and improve Inventory Health

Support the seamless interaction of purchasing and materials management to resolve gaps between supply capabilities and production plans

Process audit of safety stock, reorder point, lead times and lot size to ensure timely update of the system

Execute and adjust inventory parameters such as reorder points, safety stock levels, lot size and lead times to each ERP

Perform root cause analysis on inventory discrepancies, stockout and overstock situations, providing actionable recommendations for improvement that directly impacts the Inventory Health

Generate and analyze reports on inventory performance, including key metrics such as DIO, ITO and carrying costs

Develop and maintain relationships with key stakeholders to ensure alignment on inventory goals and performance goals

Identifies continuous improvement opportunities and strategies for inventory management in accordance with the goals and compliance requirements of Regal Rexnord Sales Offices (same day shipping, delivery expectations, seasonal variations, and best customer experience)

Qualification

SAPInventory ManagementOracle ERPFinancial AnalyticsPower BIMicrosoft ProjectMicrosoft OfficeSharePointLean Tools

Required

Bachelor's degree in business, accounting, finance or related Supply Chain required

5-7 years Experience in Materials Management utilizing SAP required

Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization

Preferred

Oracle and other ERP experience would be a plus

Previous experience working for a manufacturing company preferred

Experience with deep financial analytics using large data sets and reporting skills desired

Experience with tools such as Microsoft Project, Office, SharePoint, ERP. (SAP/Oracle), Planning Tools (Demantra), and Analytical Dashboards (Power BI) desired

Knowledge of lean tools and mindset to drive for continuous improvement desired