Inventory Data Analyst

Inventory Data Analyst

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a luxury brand as an Inventory Data Analyst, optimising stock management and driving efficiency.
  • Company: Be part of a fast-growing luxury accessories brand with ambitious growth plans.
  • Benefits: Enjoy opportunities for development, remote work options, and corporate perks.
  • Why this job: Contribute to a dynamic retail environment while growing your skills in data-driven inventory management.
  • Qualifications: Experience in inventory control and advanced Excel skills are essential; familiarity with ERP systems is a plus.
  • Other info: Ideal for detail-oriented individuals who thrive in fast-paced settings.

The predicted salary is between 36000 - 60000 £ per year.

My client, a growing luxury accessories brand, is seeking an Inventory Data Analyst to play a key role in optimising stock management and driving operational efficiency. This is an exciting opportunity to join a fast-scaling business where your expertise in inventory control, data analysis, and stock auditing will directly contribute to its continued success. With ambitious growth plans, this role offers room to develop and take on more responsibility, making it ideal for someone who thrives in a dynamic, high-end retail environment and wants to grow with the company.

Key Responsibilities:

  • Data Integrity & Reconciliation: Ensure accurate inventory records through regular reconciliations and audits. Investigate discrepancies and collaborate with finance, production, and retail teams to resolve stock-related issues.
  • Stock Audits & Reporting: Lead stocktakes across various departments, using advanced Excel functions (index/match, nested IF statements, XLOOKUPs, pivot tables, and macros) to track and analyse data. Prepare monthly reports on key inventory metrics, stock levels, and discrepancies, offering actionable insights to senior management.
  • Process Optimisation & Compliance: Identify root causes of stock discrepancies and drive process improvements to minimise inventory losses. Develop and maintain SOPs for inventory control, ensuring best practices across the business. Train cross-functional teams on inventory processes and system usage.
  • Operational Support & Collaboration: Work closely with finance and operations teams to manage inventory adjustments and intercompany stock transfers.

Skills & Experience Required:

  • Experience in inventory control, data analysis, and stock auditing.
  • Advanced Excel skills, with proficiency in formulas, pivot tables, and macros.
  • Familiarity with ERP systems and inventory management platforms.
  • Inventory analysis experience in either fashion, accessories or luxury is desirable.
  • Strong analytical skills with the ability to interpret large datasets and present insights to senior stakeholders.
  • Detail-oriented, with the ability to manage multiple priorities in a fast-paced environment.

This is a fantastic opportunity to join a leading luxury retail brand and play a pivotal role in optimising inventory operations. If you have the expertise and passion for data-driven inventory management and a proven background in either fashion, beauty, luxury or the consumer sector, please apply now!

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Contact Detail:

Agora Talent Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Inventory Data Analyst

✨Tip Number 1

Familiarise yourself with the specific inventory management systems and ERP platforms commonly used in the luxury retail sector. This knowledge will not only help you stand out but also demonstrate your commitment to understanding the industry.

✨Tip Number 2

Brush up on your advanced Excel skills, especially functions like pivot tables and macros. Consider creating a portfolio of sample reports or analyses that showcase your ability to manipulate and present data effectively.

✨Tip Number 3

Network with professionals in the luxury retail space, particularly those involved in inventory management. Attend industry events or join relevant online forums to gain insights and potentially get referrals for the position.

✨Tip Number 4

Prepare to discuss specific examples from your past experience where you've successfully resolved stock discrepancies or optimised inventory processes. Being able to articulate these experiences will show your practical knowledge and problem-solving skills.

We think you need these skills to ace Inventory Data Analyst

Inventory Control
Data Analysis
Stock Auditing
Advanced Excel Skills
Proficiency in Formulas
Pivot Tables
Macros
ERP Systems Familiarity
Inventory Management Platforms
Analytical Skills
Data Interpretation
Presentation Skills
Attention to Detail
Process Optimisation
Standard Operating Procedures (SOPs)
Cross-Functional Collaboration
Problem-Solving Skills
Time Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in inventory control, data analysis, and stock auditing. Use specific examples that demonstrate your advanced Excel skills and familiarity with ERP systems.

Craft a Compelling Cover Letter: In your cover letter, express your passion for data-driven inventory management and how your background aligns with the luxury retail sector. Mention your ability to interpret large datasets and provide actionable insights.

Showcase Relevant Skills: Emphasise your analytical skills and detail-oriented nature in your application. Provide examples of how you've managed multiple priorities in fast-paced environments, particularly in fashion or luxury sectors.

Highlight Process Improvement Experience: If you have experience in identifying root causes of discrepancies and implementing process improvements, make sure to include this in your application. This will show your potential employer that you can contribute to optimising their inventory operations.

How to prepare for a job interview at Agora Talent

✨Showcase Your Excel Skills

Since advanced Excel skills are crucial for this role, be prepared to discuss your experience with functions like index/match, pivot tables, and macros. You might even want to bring examples of reports you've created or analyses you've conducted using these tools.

✨Demonstrate Your Analytical Mindset

Highlight your ability to interpret large datasets and present insights. Prepare to discuss specific instances where your analytical skills led to improved inventory management or operational efficiency in previous roles.

✨Understand the Brand's Values

Research the luxury accessories brand thoroughly. Understand their product lines, target audience, and market position. This knowledge will help you align your answers with their values and demonstrate your genuine interest in the company.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities, especially regarding stock discrepancies and process optimisation. Think of examples from your past experiences where you successfully identified issues and implemented effective solutions.

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