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- Tasks: Analyse data and forecast to support optimal business decisions in inventory planning.
- Company: Join a dynamic Supply Chain team focused on innovation and efficiency.
- Benefits: Enjoy flexible working options and opportunities for professional growth.
- Why this job: Be part of a data-driven culture that values your analytical skills and insights.
- Qualifications: Ideally, 5 years of experience in supply chain or inventory planning is required.
- Other info: This role offers a chance to develop a part prediction tool and improve accuracy.
The predicted salary is between 36000 - 60000 £ per year.
The Inventory Planning Analyst will support the Supply Chain team by analyzing data and forecasting to facilitate optimal business decisions.
Your responsibilities and duties:
- Forecast based on historical parts usage data
- Assist in developing a part prediction tool
- Improve data prediction accuracy
- Coordinate parts repair prioritization
About you:
- Driven by data and analytics
- Ideally, at least 5 years of experience in supply chain or inventory planning
Inventory Planning Analyst employer: Stream Resourcing
Contact Detail:
Stream Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Inventory Planning Analyst
✨Tip Number 1
Familiarise yourself with the latest inventory management software and tools. Being well-versed in these technologies can set you apart, as you'll be able to demonstrate your ability to improve data prediction accuracy right from the start.
✨Tip Number 2
Brush up on your analytical skills by working on real-world case studies or simulations related to supply chain management. This hands-on experience will not only enhance your understanding but also give you concrete examples to discuss during interviews.
✨Tip Number 3
Network with professionals in the supply chain field, especially those who have experience as Inventory Planning Analysts. Engaging in conversations can provide insights into the role and may even lead to referrals or recommendations.
✨Tip Number 4
Stay updated on industry trends and challenges in inventory planning. Being knowledgeable about current issues can help you articulate how you can contribute to the team and make informed decisions that align with the company's goals.
We think you need these skills to ace Inventory Planning Analyst
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Inventory Planning Analyst position. Understand the key responsibilities, such as data analysis and forecasting, to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in supply chain or inventory planning, especially if you have at least 5 years in the field. Use specific examples of how you've used data to make business decisions.
Showcase Analytical Skills: Since the role is driven by data and analytics, include any relevant skills or tools you are proficient in, such as Excel, forecasting software, or data visualisation tools. Mention any projects where you improved data prediction accuracy.
Craft a Compelling Cover Letter: Write a cover letter that connects your background with the responsibilities of the role. Discuss your passion for data-driven decision-making and how you can contribute to the Supply Chain team’s success.
How to prepare for a job interview at Stream Resourcing
✨Show Your Analytical Skills
As an Inventory Planning Analyst, your ability to analyse data is crucial. Be prepared to discuss specific examples of how you've used data to make informed decisions in previous roles.
✨Demonstrate Forecasting Experience
Since forecasting is a key part of the role, highlight your experience with historical data analysis and any tools you've used for forecasting. Discuss how your predictions have positively impacted inventory management.
✨Discuss Problem-Solving Abilities
Be ready to talk about challenges you've faced in supply chain or inventory planning and how you overcame them. This will showcase your critical thinking and problem-solving skills, which are essential for this position.
✨Familiarise Yourself with Tools
Research any specific tools or software mentioned in the job description or commonly used in the industry. Showing familiarity with these tools can give you an edge and demonstrate your readiness for the role.
