At a Glance
- Tasks: Analyse data to optimise stock levels and enhance inventory processes.
- Company: Travelex, the global leader in foreign currency exchange.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Why this job: Join a new role to shape inventory strategies and make a real impact.
- Qualifications: 3 years in a fast-paced inventory role with strong analytical skills.
- Other info: Collaborate across countries and departments in a dynamic environment.
The predicted salary is between 36000 - 60000 £ per year.
Travelex is the global leader in foreign currency, serving over 37 million customers annually. Our Supply Chain plays an essential role in this, ensuring that we have the right currency, in the right locations, at the right time to meet our customers’ travel money needs.
In this role, you’ll analyse data to identify optimum stock levels across the business. You’ll provide insight to the inventory teams in each of the geographies in which we trade – balancing customer demand with costs to ensure we have the right products in the right place at the right time. This is a new role in the business so you will work closely with the Supply Chain Director and other key stakeholders to create new processes and ways of working – a fantastic opportunity for an experienced inventory analyst looking for their next step.
Key accountabilities:- Define optimal inventory levels based on sales data, market trends and upcoming events.
- Regularly analyse depth of currencies offered in each region – providing insight to the teams in each region regarding opportunities to contract or broaden the range of currencies offered, balancing cost of stock holding with revenue opportunities.
- Create and maintain a seasonal events calendar which will feed into forecasting systems to enhance forecast accuracy.
- Measure and monitor stock KPIs including stock turn, quality of stock, forecast accuracy and product availability – working cross functionally to drive performance across these metrics.
Work with the Supply Chain Data Analyst to create robust reports and dashboards. Work with our demand forecasting partner, evolving ways of working and enhancing outcomes.
Role-specific experience and skills:- 3 years’ experience in a similar role in a fast-moving stock environment.
- Strong analytical and problem-solving skills – ability to interpret complex data sets and look at data through both the customer and the commercial lens to create balanced conclusions.
- Great cross-functional working skills – in this role you will be required to work with colleagues across multiple countries and departments.
- Impact and influence skills – a proven ability to use data to influence outcomes.
- Highly proficient in Excel, with a good level of proficiency in data visualisation tools (QuickSuite, Superset, Power BI etc).
- Familiarity with forecasting and ordering systems and tools.
Global Inventory Analyst in Peterborough employer: Travelex Limited
Contact Detail:
Travelex Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Inventory Analyst in Peterborough
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Travelex or similar companies. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by practising common questions related to inventory analysis and data interpretation. We recommend using real-life examples from your experience to showcase your skills and how they align with the role.
✨Tip Number 3
Show off your analytical skills! Bring along a portfolio of reports or dashboards you've created in the past. This will demonstrate your proficiency in Excel and data visualisation tools, making you a more attractive candidate.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Global Inventory Analyst in Peterborough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Global Inventory Analyst role. Highlight your experience in fast-moving stock environments and your analytical skills. We want to see how your background aligns with our needs!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples of how you've used data to influence outcomes or improve processes. This will help us see your impact in previous roles.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you’re excited about this role at Travelex and how you can contribute to our supply chain success. Keep it engaging and personal – we love a bit of personality!
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 any important updates from us!
How to prepare for a job interview at Travelex Limited
✨Know Your Numbers
As a Global Inventory Analyst, you'll be dealing with complex data sets. Brush up on your analytical skills and be prepared to discuss how you've used data to influence inventory decisions in the past. Bring examples of how you defined optimal stock levels or improved forecast accuracy.
✨Understand the Business
Familiarise yourself with Travelex's operations and the foreign currency market. Knowing how their supply chain works and the challenges they face will help you tailor your answers and show that you're genuinely interested in the role.
✨Showcase Cross-Functional Skills
This role requires collaboration across various teams and countries. Be ready to share experiences where you've successfully worked with different departments. Highlight your communication skills and how you’ve influenced outcomes through teamwork.
✨Excel and Data Visualisation Proficiency
Since proficiency in Excel and data visualisation tools is key, prepare to discuss your experience with these tools. You might even want to bring a sample report or dashboard you've created to demonstrate your skills and make a strong impression.