Materials Analyst

POSITION OVERVIEW :

Our growing company is searching for experienced candidates for the position of Materials Analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.

JOB DUTIES :

• Performs data analysis; identifies opportunities, risks, and trends; makes recommendations; and offers tactical solutions
• Maintains all relevant reports, forecasts, and dashboards
• Drives quantitative analysis to advise ongoing inventory, COGS, and pricing decisions
• Analyzes usage rates for all product categories and provides trend analysis based on seasonality
• Develops, revises, and maintains organizational procedures to ensure operational efficiency and compliance
• Ensures that best practices, processes, and procedures are established to maintain the appropriate inventory levels for all areas
• Cross-functional collaboration to ensure optimal material availability for production
• Drives communication for product availability, due dates, delays, substitutions, recovery dates, and determining root cause and corrective action
• Reviews reorder point (ROP) and reorder quantity (ROQ) inventory levels and recommends adjustments to better align with company inventory level targets
• Coordinates with Receiving on inventory capacity
• Coordinates smooth transition of new product introduction by managing stock of old products and ramping up stock of new products prior to the launch date in order to maintain optimal level of inventory
• Performs excess and obsolete inventory analysis and recommends usage strategy to minimize impact to the business
• Coordinates non-conformance material and disposition
• Assists in performing inventory reconciliations by researching discrepancies and taking corrective action
• Monitors daily performance and assess long term business issues
• Performs other duties assigned by manager to meet business needs

QUALIFICATIONS AND EDUCATION REQUIREMENTS :

PHYSICAL ENVIRONMENT & REQUIREMENTS :