Inventory Analyst

Job Purpose

The Inventory Analyst leads the plants cycle count program to ensure the plants inventory accuracy is 98% or better for the Toledo Driveline facility.  The Inventory Analyst is responsible for monitoring the integrity of inventory audits, cycle counts and transactions, verifying that inventory is accurate, and ensuring standards are followed and established procedures are maintained. 

Job Duties and Responsibilities

Oversee the plants cycle count program to ensure the plants inventory accuracy is 98% or better 

Establish the plants ABC analysis annually, insure as new parts are added to the plant throughout the year via launch or ECN, that each part is properly classified and added to the count schedule 

Develop a detailed cycle count schedule, understanding the total number of parts in each category multiplied by the required count frequency divided by the number of planned working days to determine the number of counts required per day                                                                                                                                                                                    

Monitoring the negative inventory report; counting and adjusting as necessary 

Publish cycle count accuracy metrics: 
- Counts complete to count schedule 
- Accuracy - Hit / Miss  
- Gross $ adjusted  

Ensure that for any count with a variance outside of tolerance, a proper root cause analysis is performed, and permanent corrective actions are added to the SCM Continuous Improvement Matrix and tracked to closure  

Work the SCM to ensure that an accurate physical inventory is taken is accordance with corporate policy: 
- Clear written work instruction for assignments, auditing, counting, tag accountability, reconciliation 
- The count team is trained prior to the start of the physical 
- The count is accurate and posted timely 
- Root cause investigation is performed on the 20% of the items that make up 80% of the variance 
- That actions to implement permanent corrective actions are added to the SCM CI matrix 

Education and Qualifications

Bachelor’s Degree in Business with specialization in materials management / supply chain management preferred.  

Typical Experience Required/Preferred (include management experience or other specifics): 

1 to 3 years of materials focus experience in a manufacturing environment. 

1 or more years of experience in inventory or production control. 

SAP experience preferred.  

Experience in a manufacturing environment, union experience preferred.  

Complete understanding of production planning, MRP and ERP systems.  

Must have ability to work with statistical analyses and possess financial acumen.  

Proven problem-solving skills and the ability to handle multiple projects and deadlines.  

Strong analytical and problem-solving skills 

Possess the willingness to learn, improve and adapt 

Possess the ability to work productively, efficiently & effectively with initiative and drive under tight timescales and pressure whilst maintaining attention to detail and quality 

Ability to work independently with little guidance on several projects simultaneously. 

Strong interpersonal and communications skills. 

English proficiency required.  

Certifications Required/Preferred: 

CPIM certification, preferred 

Skills and Competencies