Inventory Optimization Analyst

REXNORD

MILWAUKEE, WI(remote)

JOB DETAILS
SALARY
$80,000–$90,000 Per Year
LOCATION
MILWAUKEE, WI
POSTED
30+ days ago
JOB REQUIREMENTS: Position: Inventory Optimization Analyst Location:
100% Remote - USA Remote Type: 100% Remote - USA Reports To: Senior
Manager, Supply Management Position Summary: The Inventory Optimization
Analyst is responsible for analyzing, modeling, and improving inventory
management processes to ensure optimal stock levels across the supply
chain. This role involves working closely with cross-functional teams to
identify inefficiencies, forecast demand, and implement strategies to
reduce costs while maintaining service levels. Responsibilities Analyze
current inventory levels and turnover rates to identify opportunities
for optimization. Help in implementing inventory optimization strategies
to minimize excess stock, reduce costs and improve Inventory Health.
Support the seamless interaction of purchasing and materials management
to resolve gaps between supply capabilities and production plans.
Process audit of safety stock, reorder point, lead times and lot size to
ensure timely update of the system. Execute and adjust inventory
parameters such as reorder points, safety stock levels, lot size and
lead times to each ERP. Perform root cause analysis on inventory
discrepancies, stockout and overstock situations, providing actionable
recommendations for improvement that directly impacts the Inventory
Health. Generate and analyze reports on inventory performance, including
key metrics such as DIO, ITO and carrying costs. Develop and maintain
relationships with key stakeholders to ensure alignment on inventory
goals and performance goals. Identifies continuous improvement
opportunities and strategies for inventory management in accordance with
the goals and compliance requirements of Regal Rexnord Sales Offices
(same day shipping, delivery expectations, seasonal variations, and best
customer experience). Qualifications Bachelor's degree in business,
accounting, finance or related Supply Chain. 5-7 yearsExperience in
Materials Management utilizing SAP required. Oracle and other ERP
experience would be a plus. Previous experience working for a
manufacturing company. Experience with deep financial analytics using
large data sets and reporting skills desired. Experience with tools such
as Microsoft Project, Office, SharePoint, ERP. (SAP/Oracle), Planning
Tools (Demantra), and Analytical Dashboards (Power BI) desired.
Knowledge of lean tools and mindset to drive for continuous improvement
desired. Travel: Up to 35% Domestic and International travel is required
for this position Salary: Expected Salary Range: $80,000-90,000 The
salary range provided is intended to display the value of the company's
base pay compensation for all statewide locations across the United
States. Salary is dependent on a multitude of factors, including but not
limited... For full info follow application link. Equal Employment
Opportunity Employer: Female/Sexual Orientation/Gender
Identity/Minority/Veteran/Disabled * APPLICATION INSTRUCTIONS:
Apply Online: ipc.us/t/BA92F35982B34D2B

About the Company

R

REXNORD