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Procurement Inventory Analyst Jobs in Iowa (NOW HIRING)

Material Planner

Davenport, IA ยท On-site

$22 - $24/hr

US - Material Planner I The Material Planner I coordinates the procurement and inventory management ... Analyze demand patterns, consumption rates, and supplier performance metrics to identify ...

US-Material Planner I

Davenport, IA ยท On-site

$22 - $24/hr

US - Material Planner I The Material Planner I coordinates the procurement and inventory management ... Analyze demand patterns, consumption rates, and supplier performance metrics to identify ...

Material Coordinator

Davenport, IA ยท On-site

$24 - $28/hr

This role focuses heavily on inventory analysis, root cause investigation, and maintaining uninterrupted production operations. Key Responsibilities * Coordinate material procurement, production, and ...

Inventory Specialist

Des Moines, IA ยท On-site

$17.25 - $22/hr

Partner with Procurement, Finance, Operations, and Customer Service to streamline workflows; write ... Strong analytical and problem-solving skills with a high level of attention to detail.

Showing results 21-40

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 Iowa are hiring for Procurement Inventory Analyst jobs?

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

Supply Management Specialist

Marshalltown, IA โ€ข On-site

TIG Distributing Inc
1 - 10 employees

Other

Re-posted 17 days ago


Job description

Job Description
Job Description
Description:

Job Summary

The Supply Management Specialist is responsible for monitoring the daily operations of the companyโ€™s supply chain, from raw materials to finished goods, ensuring products are delivered to customers on time and within budget. This position will implement best practices in procurement, inventory management, and logistics to ensure the supply chain runs smoothly and efficiently. The Supply Management Specialist will optimize operations, cut costs, and improve customer service levels.


General Duties, and Responsibilities

  • Monitor the daily operations of the companyโ€™s supply chain, from raw materials to finished goods, ensuring products are delivered to customers on time and within budget.
  • Implement best practices in procurement, inventory management, and logistics to ensure the supply chain runs smoothly and efficiently.
  • Based on historical sales and intelligence of future sales create a forecast to place purchase orders with suppliers at appropriate lead times. Continuously analyze, update, and maintain inventory forecasts.
  • Optimize operations, cut costs, and improve customer service levels.
  • Manage new part setup by confirming the price, minimum order quantity, and supplier information in the system.?
  • Assist the Inventory Coordinator to resolve inventory discrepancy issues.?
  • Provide customer support with direct and efficient communication on order status and other requests as provided by the customer. Prioritize urgent orders with operations to meet the needs of the customer.
  • Manage inventory levels, ensuring adequate stock is maintained for all necessary supplies and materials while avoiding overstocking and minimizing waste.
  • Responsible for issuing purchase orders, negotiating prices, and expediting orders.
  • Ensure suppliers are reliable, cost-effective, and meet the companyโ€™s quality standards. Monitor supplier performance to assess the ability to meet quality and delivery requirements.
  • Quote, evaluate, negotiate, and select carriers for bulk and LTL shipments as required.?
  • Communicate and work with other departments as required to complete all tasks such as invoice resolution, inventory discrepancies, prioritizing shipments, and follow-up lost shipments.
  • Complete receipt of goods and receipt of invoice in the warehouse system.
  • Manage Bill of Materials and create work orders for kitting and assembly of finished kits.?
  • Document import paperwork with customs broker to ensure smooth import activities.?
  • Monitor supply chain performance metrics (KPI), supplier scorecards, and work with suppliers to address areas to improve.
  • Manage inbound logistics for incoming shipments by selecting the most cost-effective mode of transportation (domestic and international)
  • Manage credit memos from suppliers.
  • Maintain 5S in your work area.
  • Internal transfer of material in the system.
  • Confirm work ticket closures.
  • Back up for the Supply Management Planner role.
Requirements:

Requirements

  • Bachelorโ€™s degree in supply management, Business, Accounting, or IT or at least 5 yearsโ€™ experience in a technical, IT, business related position.
  • Minimum of 3 yearsโ€™ experience in a warehouse or production environment.?
  • Knowledge of raw materials, forecasting, production processes, quality control, and cost management.
  • Ability to work in a fast-paced, high-speed environment, follow standardized work, and adhere to safe work practices in a continuous improvement environment.
  • Proven excellent customer support experience.
  • Experience and competence with MS Office Products including Teams, Outlook, Excel, PowerPoint, and Word.
  • Experience with Sage 100 and X3 a plus


Competencies/Skills

  • Assertive and clear written and oral communication.
  • Willingness to grow and adapt as the needs of the business grow.
  • Detail-oriented, organized, and able to problem solve.
  • Ability to work independently and team-orientated, with diverse individuals within and outside the TIG Organization.
  • Self-motivated, self-directed, and hardworking.


Physical Demands

  • The physical demands described here represent those that an employee must meet to perform the essential functions of this job successfully. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.
  • While performing the duties of this job, the employee is frequently required to stand, sit, and walk. The employee is occasionally required to lift up to 40 pounds on their own, use hands to grasp or handle objects, reach with hands and arms, stoop, talk, and hear. Able to perform physical labor continually and stand for long periods.


Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people in this position. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required from personnel. All personnel may be required to perform duties outside their normal responsibilities as needed.