At a Glance
- Tasks: Ensure accurate inventory valuation and manage supplier claims in a fast-paced environment.
- Company: Join a dynamic company focused on supply chain excellence.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and enjoy a vibrant workplace culture.
- Why this job: Be a key player in optimising supply chain processes and solving real-world problems.
- Qualifications: Analytical skills and a passion for process improvement are essential.
The predicted salary is between 35000 - 45000 £ per year.
MAIN PURPOSE OF ROLE As Supply Chain Cost Analyst, you will play a key part in ensuring the accuracy and integrity of inventory valuation and supply chain transactions across the business. Working closely with Finance and Supply Chain teams, you will help ensure stock is accurately costed, supplier claims are effectively managed, and inventory movements are properly controlled and analysed. This is an excellent opportunity for someone who enjoys problem-solving, process improvement, and working across departments in a fast-paced environment.
ACCOUNTABILITIES This role will involve the following responsibilities:
- Maintain and monitor accurate inventory valuation across the business
- Review and update average cost calculations to ensure stock reflects true landed cost
- Analyse stock adjustments within the General Ledger and investigate variances
- Monitor inter-branch stock transfers and investigate cost discrepancies
- Review freight invoices and ensure accurate allocation of costs to inventory
- Validate supplier pricing against agreed commercial terms
- Investigate discrepancies relating to pricing, quantities, and product quality
- Manage supplier claims including damaged, faulty, or short-shipped goods
- Maintain supplier rebate schedules and ensure accuracy of terms and spend tracking
- Review and manage quarantined stock and ensure timely resolution
- Monitor stock movements and investigate valuation or transfer discrepancies
- Analyse inventory cost trends and highlight anomalies
- Support cross-functional teams in resolving stock and costing issues
- Contribute to continuous improvement of inventory control and costing processes
The above list is not exhaustive.
Supply Chain Cost Analyst TLNT1_NI employer: MyLife Bathrooms
As a Supply Chain Cost Analyst at our company, you will thrive in a dynamic and collaborative work environment that values innovation and continuous improvement. We offer competitive benefits, opportunities for professional development, and a culture that encourages cross-departmental teamwork, making it an ideal place for those looking to make a meaningful impact in the supply chain sector.
StudySmarter Expert Advice🤫
We think this is how you could land Supply Chain Cost Analyst TLNT1_NI
✨Tip Number 1
Network like a pro! Reach out to people in the supply chain and finance sectors on LinkedIn. A friendly message can go a long way, and you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your problem-solving skills. Think of examples where you've improved processes or resolved discrepancies. We want to see how you tackle challenges head-on!
✨Tip Number 3
Show off your analytical skills! Be ready to discuss how you've handled inventory valuation or cost analysis in the past. Use specific numbers and outcomes to demonstrate your impact.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Supply Chain Cost Analyst TLNT1_NI
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Supply Chain Cost Analyst role. Highlight relevant experience and skills that match the job description, like your problem-solving abilities and any process improvement projects you've been involved in.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your experience with inventory valuation and cross-department collaboration.
Showcase Your Analytical Skills:Since this role involves a lot of analysis, make sure to showcase your analytical skills in your application. Provide examples of how you've successfully investigated discrepancies or improved processes in previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at MyLife Bathrooms
✨Know Your Numbers
As a Supply Chain Cost Analyst, you'll be dealing with a lot of data. Brush up on your inventory valuation methods and cost calculations before the interview. Be ready to discuss how you’ve handled discrepancies in the past and what tools you used to analyse stock adjustments.
✨Show Your Problem-Solving Skills
This role is all about problem-solving and process improvement. Prepare examples of challenges you've faced in previous roles, particularly those involving cross-department collaboration. Highlight how you approached these issues and the positive outcomes that resulted.
✨Understand the Business
Familiarise yourself with the company’s supply chain processes and any recent news or changes in their operations. This will not only show your interest but also help you ask insightful questions during the interview, demonstrating your proactive approach.
✨Prepare for Technical Questions
Expect technical questions related to inventory management and cost analysis. Review key concepts like average cost calculations and supplier claims management. Being able to confidently discuss these topics will set you apart from other candidates.
