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.
QualificationsEducation & 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