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Procurement Inventory Analyst Jobs in Colorado (NOW HIRING)

Lightship

Procurement Specialist

Broomfield, CO · On-site

$65K - $80K/yr

Identify and analyze potential supply chain risks to ensure uninterrupted business operations ... Item Inventory Cards and Vendor Information, as well as executing Inventory Adjustments with ...

Clark Pacific

Procurement Specialist II

Woodland Park, CO · On-site

$83K - $90K/yr

Inventory Control * Production * Field * Accounts Payables ExternalKey Metrics and Deliverables ... Excellent analytical thinking skills. * Problem solving skills that aim to remedy and prevent ...

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Procurement Inventory Analyst information

What is a procurement inventory analyst?

A Procurement Inventory Analyst is a professional responsible for managing and analyzing a company's inventory and procurement processes. They ensure that inventory levels are optimized to meet demand while minimizing costs and excess stock. Their duties include monitoring inventory trends, coordinating with suppliers, analyzing purchase orders, and recommending improvements to procurement strategies. This role is essential for maintaining smooth operations and supporting the financial goals of an organization.

What are the key skills and qualifications needed to thrive as a procurement inventory analyst?

To thrive as a Procurement Inventory Analyst, you need strong analytical skills, proficiency in inventory management, and a relevant degree in supply chain, business, or a related field. Familiarity with ERP systems like SAP or Oracle, advanced Excel skills, and knowledge of procurement processes are typically required. Attention to detail, problem-solving abilities, and effective communication are key soft skills that set top candidates apart. These competencies ensure efficient inventory control, cost-effective procurement, and seamless coordination between departments for optimal operational performance.

How does a procurement inventory analyst typically collaborate with other departments to ensure optimal stock levels?

A Procurement Inventory Analyst regularly works with departments such as purchasing, logistics, and operations to monitor inventory levels and anticipate demand. By analyzing usage patterns and coordinating with stakeholders, they help prevent both overstock and shortages. Effective communication with these teams ensures that procurement orders align with production schedules and sales forecasts, supporting smooth business operations. This collaborative approach is essential for maintaining cost efficiency and meeting organizational goals.

What is the difference between Procurement Inventory Analyst vs Purchasing Coordinator?

AspectProcurement Inventory AnalystPurchasing Coordinator
ResponsibilitiesAnalyzes inventory levels, forecasts needs, manages stock accuracyProcesses purchase orders, coordinates supplier orders, tracks deliveries
Required SkillsData analysis, inventory management, ERP systemsVendor communication, order processing, administrative skills
CertificationsSupply Chain certifications often preferredProcurement or purchasing certifications beneficial
Work EnvironmentOffice-based, supply chain departmentsOffice-based, procurement teams

While both roles support supply chain operations, the Procurement Inventory Analyst focuses on analyzing and managing inventory levels, whereas the Purchasing Coordinator handles order processing and supplier coordination. Understanding these differences helps in choosing the right career path or job focus within procurement and supply chain management.

Is procurement inventory analyst a hard job?

A procurement inventory analyst role involves managing inventory levels, analyzing supply chain data, and coordinating with vendors, which requires attention to detail and analytical skills. The job can be demanding during busy periods or when resolving supply issues but generally involves standard office hours and the use of inventory management software.
Procurement Inventory Analyst jobs near you

Procurement Specialist

Broomfield, CO • On-site

Lightship
See more jobs at Lightshipexternal

$65K - $80K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 3 days ago

Job description

Overview
Lightship is the first American all-electric recreational vehicle manufacturer currently developing an aerodynamic, battery-powered trailer for the electric age. As the macro transition to an all-electric transportation ecosystem accelerates, Lightship is bringing the increased convenience and superior performance that electrification offers to a pastime enjoyed by over 11 million American families.
Honoring Diverse Perspectives
Lightship is committed to hiring and developing top talent from diverse backgrounds. We believe representing and supporting diverse groups is key to the success of our team members, customers, shareholders and the achievement of our mission and vision. We operate in a collaborative environment with a flat organizational structure and expect a high degree of integrity, autonomy and creativity from all members of the team.
About the Role
As a Procurement Specialist, you will manage the acquisition of goods and services at Lightship. You will play a vital role in ensuring that Lightship procures high-quality goods and services at the most competitive prices while adhering to proper processes, policies, and regulations. This role will report directly to a Global Supply Chain Manager and will execute the procurement plans according to their direction and guidance.
Responsibilities
  • Supplier Management: Maintain relationships with global suppliers, ensuring consistent quality and timely deliveries.
  • Product Development Support: Collaborate with cross-functional teams to provide supply chain insights, ensuring cost-effective, quick, and efficient product development.
  • Supply Chain Optimization: Continuously assess and enhance supply chain efficiency, focusing on cost reduction and lead time minimization.
  • Cost Management: Monitor and control supply chain costs, identifying opportunities for cost savings with suppliers.
  • Process Improvement: Identify and create process improvements to maintain an efficient Supply Chain.
  • Risk Management: Identify and analyze potential supply chain risks to ensure uninterrupted business operations.
  • Data Analysis: Utilize data-driven insights for informed decision-making and support of strategic initiatives.

Minimum Qualifications
  • 2+ years supply chain experience with strong supplier relationship experience and sourcing knowledge or equivalent
  • Strong analytical, strategic, and problem-solving skills
  • Working knowledge of ERP Systems with specific experience creating PO's, executing Item Receipts, updating Item Inventory Cards and Vendor Information, as well as executing Inventory Adjustments with appropriate Financial details
  • Experience in fostering relationships with new and current supply bases
  • Ability to prioritize while multi tasking
  • Excellent verbal and written communication skills

Preferred Qualifications
  • Bachelor's degree in supply chain management, business, engineering, or related field
  • Experience in initiating and executing Logistics plans for shipments from Suppliers
  • Ability to read technical drawings and specifications as well as basic knowledge of manufacturing process controls and quality assurance
  • Familiarity with Non-Disclosure Agreements, General Terms & Conditions, Piece Price Agreements, and other related contracts is a bonus
  • Preferred Systems Experience: Netsuite ERP, Jira, Confluence, Google Suite
  • Ability to work in a fast paced quickly changing environment with minimal supervision

Equity
  • Lightship compensation consists of the yearly salary above plus equity, which gives you a stake in the company.

$65,000 - $80,000 a year
Employee Benefits & Philosophy - Applies to Full Time Employees only
- Healthcare, Dental, Vision
- 401k
- Flexible Paid Time Off - that we actually want you to use!
- 13 Company Holidays: 8 throughout the year + the company observes a week of scheduled downtime during the end of the year, allowing all employees to enjoy a break
- 12 weeks paid parental leave
- Yearly LightTrip stipend for an RV trip &/or professional development opportunities
Lightship offers all of its full time employees and their dependents full benefits including health, dental and vision insurance. We are on a mission to create a more healthful all-electric experience for a pastime that millions of families enjoy and believe strongly that our team should not have to worry about quality healthcare for themselves or their loved ones along the way.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

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