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Baxters North America · 1 day ago

Inventory Analyst

Cincinnati, OH

Full-time

Onsite

Mid, Senior Level

5+ years exp

Baxters North America is looking for a passionate, detail-oriented Inventory Analyst to join their Operations Finance team. The role involves providing insights and strategic thinking to improve inventory optimization and working capital, while monitoring inventory levels and analyzing trends to support decision-making.

Food and BeverageLogisticsManufacturingProduct Design

Responsibilities

Produce regular analysis based on weekly sales, days on hand, production, demand and demand forecasting

Ensure proper inventory levels are maintained by consistently reviewing weeks of supply and in-stock goals

Focus on KPIs such as inventory turns, forecast accuracy, and margin improvement

Build and monitor inventory stock models by location / customer

Analyze historical data and current trends to identify opportunities and risks by location, subclass, customer, and SKU

Partner with business to develop and build SKU level plans with supporting investment quantities and accurate flow forecasts

Support the business to maintain appropriate stock level according to seasonal requirements

Work with Product Managers and Operations to maximize sales and reduce overstocks

Monitor impact of inventory adjustments and transfers

Analyze root causes of inventory issues and provide resolutions

Develop and implement process improvements to achieve company inventory goals

Develop and implement initiatives to reduce slow moving inventories and to improve inventory turns

Generate and maintain monthly reports on inventory levels

Review inventory activities and recommend improvements

Assist in inventory risk assessment and mitigation activities

Collaborate with production and supporting departments to ensure the food safety and quality of our products

Perform other duties as assigned

Qualification

Inventory ControlData AnalysisForecastingERP SystemsFinancial AnalysisInventory OptimizationExcel ProficiencyResults DrivenOperational ExcellenceCommunicationTeamworkDetail OrientedInitiativeIntegrity

Required

Bachelor's degree in Account, Supply Chain Management, or similar discipline required

3+ years of inventory analysis or supply chain experience within manufacturing organizations required

5+ years of relevant experience in a complex manufacturing environment required

Prior experience with tier 1 ERP system, Oracle, SAP, Microsoft Dynamics 365/AX preferred

Demonstrated experience of strong data and analytics skills, including Excel proficiency and other programs such as Adaptive Planning, PowerBI, Access, and Tableau, Domo and similar tools

Preferred

Prior experience with tier 1 ERP system, Oracle, SAP, Microsoft Dynamics 365/AX preferred

Demonstrated experience of strong data and analytics skills, including Excel proficiency and other programs such as Adaptive Planning, PowerBI, Access, and Tableau, Domo and similar tools