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Procurement Inventory Analyst Jobs in Illinois (NOW HIRING)

ProCraft Cabinetry

Inventory Analyst

Chicago, IL · On-site

$45K - $60K/yr

Summary of Position The Inventory Analyst will oversee the entire life cycle of component materials ... Provide procurement support to include requirements determination/forecasting, procurement planning ...

NTN Bearing Corp.

Inventory Analyst

Schaumburg, IL · On-site

USA, Schaumburg, IL NTN is currently seeking a detail oriented, motivated Inventory Analyst to join ... Knowledge and understanding of Procurement Operations * Bachelor's Degree in Supply Chain ...

Aramark

Procurement Analyst

Chicago, IL · On-site

$70K - $75K/yr

The Procurement Analyst oversees inventory management and procurement processes, ensuring accurate data, appropriate stock levels, and timely product availability across distribution channels. This ...

Aramark

Procurement Analyst

Chicago, IL

$70K - $75K/yr

The Procurement Analyst oversees inventory management and procurement processes, ensuring accurate data, appropriate stock levels, and timely product availability across distribution channels. This ...

Aramark

Procurement Analyst

Chicago, IL · On-site

$70K - $75K/yr

The Procurement Analyst oversees inventory management and procurement processes, ensuring accurate data, appropriate stock levels, and timely product availability across distribution channels. This ...

CFS

Sr Inventory Planning Analyst

Bolingbrook, IL · Hybrid

$80K - $105K/yr

Use ERP and MRP systems as well as Excel to enter purchase order data, track procurement activities, and maintain accurate records. * Sr Inventory Planning Analyst is working with the Sales ...

CFS

Sr Inventory Planning Analyst

Bolingbrook, IL · On-site

$80K - $105K/yr

Use ERP and MRP systems as well as Excel to enter purchase order data, track procurement activities, and maintain accurate records. * Sr Inventory Planning Analyst is working with the Sales ...

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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.

What cities in Illinois are hiring for Procurement Inventory Analyst jobs?

Cities in Illinois with the most Procurement Inventory Analyst job openings:

Procurement Inventory Analyst jobs near you

Inventory Analyst

Chicago, IL • On-site

ProCraft Cabinetry
Construction Materials Wholesalers • 51 - 200 employees
Learn more about ProCraft Cabinetryexternal

$45K - $60K/yr

Full-time

Re-posted 6 days ago

Job description

Summary of Position

The Inventory Analyst will oversee the entire life cycle of component materials, from the acknowledgment of need to the order fulfillment. A successful Inventory Analyst should be able to ensure the appropriate supply of cost-efficient, and high-quality materials required to maintain steady production and product delivery. This position will analyze the needs of internal and external customers, and will develop strategies to improve efficiency, and coordinate supply and demand across multiple locations.

Essential Job Functions and Responsibilities

Ability to meet deadlines, exhibit great attention to detail, and communicate in a positive manner is essential. Communicating professionally and clearly is required. A thorough understanding of software, systems, business procedures, and problem-solving is necessary for success.

Knowledge, Skills and Abilities

  • Generate and review reports to proactively identify and mediate potential stock shortages.

  • Provide procurement support to include requirements determination/forecasting, procurement planning, procurement determination and tracking, and coordinating the execution and result.

  • Provide life cycle management of equipment contracts such as blanket purchase agreements.

  • Establish SOPs for activities such as acknowledgment of need, order management and forecasting models.

  • Coordinating deliveries with the vendor, as well as monitoring and resolving vendor payments.

  • Responsible for tracking and reporting the performance of each vendor against delivery criteria.

Minimum Qualifications

  • Bachelor’s degree in Finance, Accountancy, or Supply Chain.

  • Strong analytical organizational and problem-solving skills required.

  • Must have excellent communication skills, both verbal and written, with the ability to multitask.

  • Ability to perform well in a fast-paced environment.

  • Local geographical knowledge is preferred but not required.

  • Proficiency with Microsoft Office and related systems are required.

Comments

This job description in no way states or implies these are the only duties to be performed by the employee occupying this position. The incumbent will be required to follow any other job-related instructions and to perform any other job-related duties requested by their supervisor or manager. This document does not create an employee contract, implied or otherwise other than an “at will” relationship.

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About ProCraft Cabinetry

Sourced by ZipRecruiter

With 40 years of experience in the industry, ProCraft is a major kitchen and bath cabinet manufacturer providing innovative designs, industry leading quality and unparalleled service.

Industry

Construction materials wholesalers, retail and construction

Company size

51 - 200 Employees

Headquarters location

Hillside, IL, US

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