Demand and Inventory Analyst II Job at Loram Maintenance of Way
Job Title: Demand and Inventory Analyst II
FLSA Status: Exempt
Department: Inventory Control & Warehouse Operations
Reports to: Buy to Pay Leader
GENERAL DESCRIPTION / PURPOSE:
The Demand and Inventory Analyst II develops, integrates, and manages supply and demand alignment on a short- and medium-term horizon. Additional responsibilities include developing plans to ensure optimum inventory levels and implementing procedures to ensure that the proper inventory is in all warehouse locations.
ESSENTIAL JOB FUNCTIONS:
Operational Excellence
Identify gaps between available supply and allocation, resolve intra-business unit customer priorities and develop new reporting processes and tools to achieve efficient completion of these tasks.
Manage the implementation, communication and coordination of forecasts and availability, related to service level inventories, new product introductions and phase-outs.
In conjunction with Operations, Supply Chain, and Inventory Control, establish inventory stocking levels and deployment strategies for each product line.
Functional and Technical Skills
Develop and publish forecasts of anticipated demand, using historical data, sales trends, and customer projections to maintain optimum inventory levels utilizing safety stocks, blanket orders and economic order quantities, to meet business needs.
Direct and maintain fleet inventory system, implement stocking strategies to reduce open work order volume.
Perform thorough research and document inventory discrepancies using all available resources to identify root causes and supply possible solutions.
Compliance
Develop control systems to prevent regeneration of material obsolescence.
Report, analyze, and drive reduction of excess and obsolete inventory.
Regularly monitor inventory control workflow and the execution of assigned processes. Create monthly inventory control reports and complete action items to meet department goals.
Develop strategies, analyses, inventory management processes that enable focus on improving the inventory turns metrics. Maintain and report inventory accuracy.
Customer Support
Participate on cross functional project team meetings and maintain Loram functional area relationships to manage appropriate inventory levels.
Review and act upon Engineering Change Notices by working with engineering and production to determine new specifications.
Support and direct cross-functional teams to continuously improve processes.
BEHAVIORAL COMPETENCIES:
Value Based
Customer Focus
Problem Solving
Action Oriented
Planning and Organizing
Managing Through Systems
REQUIRED QUALIFICATIONS:
Education: Bachelor’s Degree in Business or related field.
Experience: 3+ Years Business experience and/or training. 4+ Years Demand and Inventory Analysis/Inventory Management experience
Knowledge, Skills and Abilities:
Advanced PC skills in Microsoft Word and Excel
Licenses/Certifications: Ability to obtain and maintain Railroad Certifications
WORKING CONDITIONS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Office deskwork, requiring sitting, walking, using phone & computer
May lift up to 30 lbs. occasionally
Can tolerate variable and sometimes challenging conditions during visits or inspections of company equipment in a railroad environment.
Loram is proud to be an Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
REV December 2022
Please Note :
www.bankofmontserrat.ms is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, www.bankofmontserrat.ms provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.
FLSA Status: Exempt
Department: Inventory Control & Warehouse Operations
Reports to: Buy to Pay Leader
GENERAL DESCRIPTION / PURPOSE:
The Demand and Inventory Analyst II develops, integrates, and manages supply and demand alignment on a short- and medium-term horizon. Additional responsibilities include developing plans to ensure optimum inventory levels and implementing procedures to ensure that the proper inventory is in all warehouse locations.
ESSENTIAL JOB FUNCTIONS:
Operational Excellence
Identify gaps between available supply and allocation, resolve intra-business unit customer priorities and develop new reporting processes and tools to achieve efficient completion of these tasks.
Manage the implementation, communication and coordination of forecasts and availability, related to service level inventories, new product introductions and phase-outs.
In conjunction with Operations, Supply Chain, and Inventory Control, establish inventory stocking levels and deployment strategies for each product line.
Functional and Technical Skills
Develop and publish forecasts of anticipated demand, using historical data, sales trends, and customer projections to maintain optimum inventory levels utilizing safety stocks, blanket orders and economic order quantities, to meet business needs.
Direct and maintain fleet inventory system, implement stocking strategies to reduce open work order volume.
Perform thorough research and document inventory discrepancies using all available resources to identify root causes and supply possible solutions.
Compliance
Develop control systems to prevent regeneration of material obsolescence.
Report, analyze, and drive reduction of excess and obsolete inventory.
Regularly monitor inventory control workflow and the execution of assigned processes. Create monthly inventory control reports and complete action items to meet department goals.
Develop strategies, analyses, inventory management processes that enable focus on improving the inventory turns metrics. Maintain and report inventory accuracy.
Customer Support
Participate on cross functional project team meetings and maintain Loram functional area relationships to manage appropriate inventory levels.
Review and act upon Engineering Change Notices by working with engineering and production to determine new specifications.
Support and direct cross-functional teams to continuously improve processes.
BEHAVIORAL COMPETENCIES:
Value Based
Customer Focus
Problem Solving
Action Oriented
Planning and Organizing
Managing Through Systems
REQUIRED QUALIFICATIONS:
Education: Bachelor’s Degree in Business or related field.
Experience: 3+ Years Business experience and/or training. 4+ Years Demand and Inventory Analysis/Inventory Management experience
Knowledge, Skills and Abilities:
Advanced PC skills in Microsoft Word and Excel
- 5+ years combination of education and experience in Demand and Inventory Analysis/Inventory Management
Licenses/Certifications: Ability to obtain and maintain Railroad Certifications
WORKING CONDITIONS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Office deskwork, requiring sitting, walking, using phone & computer
May lift up to 30 lbs. occasionally
Can tolerate variable and sometimes challenging conditions during visits or inspections of company equipment in a railroad environment.
Loram is proud to be an Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
REV December 2022
Please Note :
www.bankofmontserrat.ms is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, www.bankofmontserrat.ms provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.