Inventory Analyst
Inventory Analyst
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$ 55000 - 65000
1 Vacancy
Job Description
Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23000 employees operating in over 150 countries Xylem is at the forefront of addressing the worlds most critical water challenges. We invite passionate individuals to join our team dedicated to exceeding customer expectations through innovative and sustainable solutions.
Job Summary:
The Inventory Management Analyst plays a crucial role in analyzing and optimizing inventory levels to meet business demands. This role involves conducting detailed inventory analysis forecasting inventory needs and developing strategies to minimize costs and maximize efficiency. The Analyst collaborates with various departments including procurement production and sales to ensure seamless inventory flow.
Responsibilities:
Data Analysis and Reporting
Monitor inventory levels and sales data to identify trends and anticipate demand
Create reports and presentations to communicate findings and recommendations to management
Analyze data to identify cost saving and efficiency opportunities
Inventory Planning and Forecasting
Develop and maintain inventory forecasting models
Set inventory targets and reorder points based on forecasted demand
Monitor and adjust inventory levels to meet sales and production goals
Inventory Management
Manage inventory levels and replenishment for multiple warehouses and locations
Coordinate with suppliers to ensure timely delivery of products
Identify and resolve any inventory discrepancies or issues
Process Improvement and Optimization
Continuously review and improve inventory management processes
Implement new systems and technologies to improve efficiency and accuracy
Work with cross-functional teams to streamline processes and reduce costs
Inventory Auditing and Compliance
Conduct regular audits to ensure accuracy of inventory data
Ensure compliance with company policies and procedures
Identify and address any inventory control issues or discrepancies
Team Collaboration
Collaborate with cross functional teams such as sales operations and finance
Communicate inventory updates and changes to relevant teams
Work together to develop strategies to improve inventory management and meet company goals.
High Impact Behaviors:
Continuous Professional Development: Professionals should be committed to lifelong learning seeking out opportunities for self-improvement and staying abreast of industry trends and best practices.
Collaboration and Teamwork: Effective professionals understand the value of collaboration. They work well with others contribute to team goals and understand that diverse perspectives can lead to better solutions.
Results Driven Performance: High performing professionals focus on delivering results. They set high standards for their own performance and are committed to achieving objectives efficiently and effectively.
Qualifications:
A bachelors degree in International Business Supply Chain Management or a related field with at least 2 years experience or equivalent work experience that provides exposure to fundamental theories principles and concepts.
Strong analytical skills and proficiency in data analysis tools (e.g. Excel SQL).
In-depth understanding of inventory management principles and practices.
Experience with inventory management software and systems.
Ability to develop and implement inventory optimization strategies.
Strong problem-solving skills and attention to detail.
Excellent communication and interpersonal skills.
Ability to work independently and as part of a team.
The estimated salary range for this position is $55000 to $65000 plus pay is dependent on multiple factors such as skills experience and work location and is not typically at the top of the range. At Xylem we offer a competitive compensation package with a generous benefit package including Medical Dental Vision plans 401(k) with company contribution paid time off paid parental leave and tuition reimbursement.
Xylem does not provide visa sponsorship for this position.
#LI-TM1
Join the global Xylem team to be a part of innovative technology solutions transforming water usage conservation and re-use. Our products impact public utilities industrial sectors residential areas and commercial buildings with a commitment to providing smart metering network technologies and advanced analytics for water electric and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.
At Xylem youll not only contribute to solving water issues but also have the chance to make a difference through our paid Volunteer Program Xylem Watermark. We prioritize our employees well-being through inclusion and belonging as well as our Employee Resource Groups (ERG). Proud to be an Equal Employment Opportunity (including disability and veterans) and Affirmative Action workplace Xylem fosters an inclusive environment free from discrimination or harassment.
Please note that the information in this job description outlines the general nature of the position and is not an exhaustive list of duties. Xylem is dedicated to providing reasonable accommodations to enable all employees to perform their essential job functions. We reserve the right to modify this job description and assign additional duties as needed. Embrace the opportunity to be part of Xylems transformative journey in shaping the future of water technology! #XylemCareers #GlobalImpact #WaterInnovation
Required Experience:
IC
Employment Type
Full-Time
