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For Companies At a Glance
- Tasks: Manage inventory and supply chain, ensuring stock accuracy and efficiency.
- Company: Join a respected organisation in the Industrial/Manufacturing sector known for quality products.
- Benefits: Enjoy a £40,000 salary, 25 days leave, and professional development opportunities.
- Why this job: Be part of a supportive team focused on operational excellence and innovation.
- Qualifications: Strong analytical skills, proficiency in Microsoft Office, and knowledge of inventory management software required.
- Other info: Ideal for detail-oriented candidates passionate about improving inventory processes.
The predicted salary is between 28800 - 48000 £ per year.
We are looking for a detail-oriented and strategic Inventory Analyst to assist in managing the Procurement & Supply Chain department within the Industrial / Manufacturing industry. The ideal candidate will possess strong analytical skills and have a passion for improving operational efficiency in inventory management. This role would suit a candidate who is familiar with high SKU volumes and interpreting the data to improve accuracies.
Client Details
Our client is a well-established organisation in the Industrial / Manufacturing industry. This large organisation prides itself on producing high-quality products and maintaining excellent relationships with suppliers and customers alike.
Description
- Oversee inventory and supply chain management according to company guidelines.
- Perform critical inventory tasks to ensure the correct amount of items are in stock.
- Maintain updated and accurate records of inventory, including transfers and cycle counts.
- Review documentation and monitor product codes to search for discrepancies; troubleshoot quantity discrepancies between stock and records.
- Develop and implement improvements to existing operational procedures in order to maximise efficiency and cut operations costs.
- Respond to sales inquiries and purchase orders; collect and analyse data to prepare reports and forecasts.
- Develop strategies to better optimise inventory control procedures.
- Ensure that all procurement processes comply with industry regulations.
Profile
A successful Inventory Analyst should have:
- Proficiency in Microsoft Office
- Strong understanding of forecasting and inventory management software and processes
- High-level organisational and multi-tasking skills.
- Excellent analytical and critical thinking skills.
- Strong communication skills, both written and verbal.
Job Offer
Annual salary of £40,000 per year
25 days Annual Leave plus Bank Holidays
An inclusive and supportive company culture.
Opportunities for professional development and growth within the Industrial / Manufacturing industry.
A chance to be part of a hardworking team.
We encourage all candidates who believe they possess the necessary skills and experience to apply. This is an excellent opportunity to join a respected company in the Industrial / Manufacturing industry and contribute to our ongoing success.
Inventory Analyst employer: Michael Page
Contact Detail:
Michael Page Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Inventory Analyst
✨Tip Number 1
Familiarise yourself with the specific inventory management software mentioned in the job description. If you have experience with similar tools, be ready to discuss how you've used them to improve operational efficiency.
✨Tip Number 2
Brush up on your analytical skills by reviewing case studies or examples of successful inventory management strategies. Being able to reference real-world applications during your discussions can set you apart from other candidates.
✨Tip Number 3
Prepare to demonstrate your understanding of high SKU volumes and how to manage them effectively. Think of specific challenges you've faced in the past and how you overcame them, as this will show your problem-solving abilities.
✨Tip Number 4
Network with professionals in the Industrial / Manufacturing industry, especially those who work in procurement and supply chain roles. Engaging in conversations about current trends and challenges can provide valuable insights that you can bring up during your interview.
We think you need these skills to ace Inventory Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your analytical skills and experience in inventory management. Use specific examples that demonstrate your ability to handle high SKU volumes and improve operational efficiency.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the industry. Mention how your skills align with the job requirements, particularly your proficiency in Microsoft Office and inventory management software.
Showcase Relevant Experience: When detailing your work experience, focus on roles where you managed inventory or supply chain processes. Include any achievements that illustrate your ability to optimise procedures and reduce costs.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise to make a strong impression.
How to prepare for a job interview at Michael Page
✨Showcase Your Analytical Skills
As an Inventory Analyst, strong analytical skills are crucial. Be prepared to discuss specific examples of how you've used data to improve inventory management or operational efficiency in your previous roles.
✨Familiarise Yourself with Industry Software
Make sure you know the inventory management software and forecasting tools commonly used in the Industrial/Manufacturing sector. Mention any relevant experience you have with these tools during the interview.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities. Prepare to discuss how you would handle discrepancies in inventory records or optimise inventory control procedures based on hypothetical scenarios.
✨Demonstrate Strong Communication Skills
Since the role involves liaising with suppliers and internal teams, highlight your communication skills. Be ready to provide examples of how you've effectively communicated complex information in a clear and concise manner.
