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- Tasks: Join a luxury brand as an Inventory Data Analyst, optimising stock management and driving efficiency.
- Company: A fast-growing luxury accessories brand with ambitious growth plans.
- Benefits: Opportunity for career development and responsibility in a dynamic retail environment.
- Why this job: Make a real impact on inventory operations while working in a high-end retail setting.
- Qualifications: Experience in inventory control, data analysis, and advanced Excel skills required.
- Other info: Ideal for detail-oriented individuals who thrive in fast-paced environments.
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.
- 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, please apply now!
Inventory Data Analyst employer: JR United Kingdom
Contact Detail:
JR United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Inventory Data Analyst
✨Tip Number 1
Familiarise yourself with the luxury retail sector and the specific challenges it faces in inventory management. Understanding the nuances of high-end products and customer expectations can give you an edge during interviews.
✨Tip Number 2
Brush up on your advanced Excel skills, especially the functions mentioned in the job description like pivot tables and macros. Being able to demonstrate your proficiency in these areas during practical assessments or discussions will set you apart.
✨Tip Number 3
Network with professionals in the luxury retail industry, particularly those involved in inventory management. Engaging with them on platforms like LinkedIn can provide insights into the role and potentially lead to referrals.
✨Tip Number 4
Prepare to discuss specific examples of how you've optimised inventory processes in previous roles. Highlighting your analytical skills and ability to drive improvements will resonate well with the hiring team.
We think you need these skills to ace Inventory Data Analyst
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 skills align with the company's goals. Mention your ability to work in a fast-paced environment and your eagerness to contribute to their growth.
Showcase Relevant Skills: Emphasise your analytical skills and your experience with large datasets. Provide examples of how you've used advanced Excel functions to solve problems or improve processes in previous roles.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the Inventory Data Analyst role.
How to prepare for a job interview at JR United Kingdom
✨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
The company is looking for someone with strong analytical skills. Be ready to share specific instances where you've interpreted large datasets and how your insights led to actionable outcomes. This will show that you can add value to their inventory management processes.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities, especially regarding stock discrepancies. Think of past experiences where you identified root causes and implemented process improvements, as this will highlight your proactive approach to inventory control.
✨Emphasise Collaboration Skills
This role requires working closely with various teams. Be sure to mention any experience you have in cross-functional collaboration, particularly with finance and operations teams. Highlight how effective communication has helped you resolve stock-related issues in the past.
