Inventory Analyst
Novolex, Lockport, IL, United States
Job Description
This position will be responsible for the day-to-day movements, cycle counting, auditing, and count & bin accuracy of warehouse inventory. It will also manage repack, damages, and slow-moving stock. The role requires root cause analysis of inventory discrepancies, shortages, overages, and damages in the warehouse while utilizing the Warehouse Management System and SAP.
Responsibilities
Serve as a key liaison to various internal customers for all stock inventory allocation requirements
Maintain warehouse slotting for the bulk warehouse as well as pickbays
Execute daily stock inventory movements in WMS
Analyze, reconcile, and resolve inventory discrepancies using root cause analysis
Manage inventory locations and site capacity, optimizing locations for productivity and throughput
Lead the execution of inventory record accuracy through weekly cycle counting and annual physical inventory requirements
Participate in internal and external inventory audits
Manage inventory movement between buildings
Ensure that slow-moving product inventory is reviewed and dispositioned in a timely manner
Maintain positive, professional, and timely communication with internal customers and external contacts
Actively participate in the continuous improvement process
Adapt to flexible work assignments to support business volume and/or department requirements
Other duties as assigned
Qualifications
4+ years’ experience in distribution/warehouse logistics; BA/BS degree preferred
APICS CPIM certification preferred
Proven experience with inventory control processes and root cause analysis
Experience with warehouse management systems (WMS); JDA (RedPrairie) a plus
Experience with enterprise resource planning systems (ERP); SAP a plus
Strong organization and detail-oriented skills with the ability to multi-task and prioritize work with a sense of urgency to meet deadlines
Self-directed with a proactive approach to identifying and resolving discrepancies or potential issues
Excellent written and verbal communication skills
Excellent problem identification and follow-through to issue resolution
Ability to work well with a variety of individuals
High analytical ability and advanced Excel reporting skills (VLOOKUP, pivot tables, macros)
Salary & Benefits
A reasonable estimate of the current range is $83,600–$112,000 plus bonus and benefits. The range reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by job-related skills, experience, and relevant education or training.
Benefits for this role include a 401(k) plan with company match, comprehensive medical, dental, and vision insurance, flexible spending and health savings accounts, paid vacation, sick days, paid parental leave, paid holidays, and wellness programs.
Training & Development
Training and development opportunities are provided through a learning management system, tuition reimbursement programs, and career advancement paths.
Community Engagement
Employees are encouraged to support local communities and sustainable initiatives through corporate giving and community service programs.
EEO Statement
Novolex is committed to providing equal employment opportunity in all employment practices, including but not limited to selection, hiring, promotion, transfer, and compensation to all qualified applicants and employees without regard to age, race, color, national origin, sex, pregnancy, sexual orientation, gender identity, religion, handicap or disability, genetics, citizenship status, service member or veteran status, or any other category protected by federal, state, or local law. Any individual who, because of their disability, needs an accommodation in connection with an aspect of the company’s application process should contact myHRservices@novolex.com.
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This position will be responsible for the day-to-day movements, cycle counting, auditing, and count & bin accuracy of warehouse inventory. It will also manage repack, damages, and slow-moving stock. The role requires root cause analysis of inventory discrepancies, shortages, overages, and damages in the warehouse while utilizing the Warehouse Management System and SAP.
Responsibilities
Serve as a key liaison to various internal customers for all stock inventory allocation requirements
Maintain warehouse slotting for the bulk warehouse as well as pickbays
Execute daily stock inventory movements in WMS
Analyze, reconcile, and resolve inventory discrepancies using root cause analysis
Manage inventory locations and site capacity, optimizing locations for productivity and throughput
Lead the execution of inventory record accuracy through weekly cycle counting and annual physical inventory requirements
Participate in internal and external inventory audits
Manage inventory movement between buildings
Ensure that slow-moving product inventory is reviewed and dispositioned in a timely manner
Maintain positive, professional, and timely communication with internal customers and external contacts
Actively participate in the continuous improvement process
Adapt to flexible work assignments to support business volume and/or department requirements
Other duties as assigned
Qualifications
4+ years’ experience in distribution/warehouse logistics; BA/BS degree preferred
APICS CPIM certification preferred
Proven experience with inventory control processes and root cause analysis
Experience with warehouse management systems (WMS); JDA (RedPrairie) a plus
Experience with enterprise resource planning systems (ERP); SAP a plus
Strong organization and detail-oriented skills with the ability to multi-task and prioritize work with a sense of urgency to meet deadlines
Self-directed with a proactive approach to identifying and resolving discrepancies or potential issues
Excellent written and verbal communication skills
Excellent problem identification and follow-through to issue resolution
Ability to work well with a variety of individuals
High analytical ability and advanced Excel reporting skills (VLOOKUP, pivot tables, macros)
Salary & Benefits
A reasonable estimate of the current range is $83,600–$112,000 plus bonus and benefits. The range reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by job-related skills, experience, and relevant education or training.
Benefits for this role include a 401(k) plan with company match, comprehensive medical, dental, and vision insurance, flexible spending and health savings accounts, paid vacation, sick days, paid parental leave, paid holidays, and wellness programs.
Training & Development
Training and development opportunities are provided through a learning management system, tuition reimbursement programs, and career advancement paths.
Community Engagement
Employees are encouraged to support local communities and sustainable initiatives through corporate giving and community service programs.
EEO Statement
Novolex is committed to providing equal employment opportunity in all employment practices, including but not limited to selection, hiring, promotion, transfer, and compensation to all qualified applicants and employees without regard to age, race, color, national origin, sex, pregnancy, sexual orientation, gender identity, religion, handicap or disability, genetics, citizenship status, service member or veteran status, or any other category protected by federal, state, or local law. Any individual who, because of their disability, needs an accommodation in connection with an aspect of the company’s application process should contact myHRservices@novolex.com.
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