Inventory Analyst

The Opportunity - Inventory Analyst

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About the role:

Inventory Accuracy is the cornerstone of a functioning MRP system and has a big impact on ability to achieve the production plan.  The Inventory Analyst is a pivotal role to ensuring stock accuracy, investigation, reconciliation of inventory adjustments and advising on inventory improvement activities.  To that end you will be responsible for overseeing Perpetual Inventory count routines, status and results and ensuring compliance with group and external audit requirements whilst supporting the business with its inventory reduction and accuracy activities.  

What does this role involve day to day?

Plan – 

• Create the Perpetual Inventory cycle count plan for on-site and off-site stock – and where off-site work with our 3PLs to create that plan. 

• Measure key inventory figures and ensure appropriate treatment of stock variances.  

Monitor – 

• Monitor achievement and effectiveness of the cycle count plan on-site and off-site.  Feedback and enact any recommendations for change in process as a result of achievement and effectiveness.

• Report and assess stock accuracy weekly and cumulative. 

• Assess trends in part number / commodity stock accuracy to understand any changes needed to parameters, BoM, physical handling controls or supplier delivery conformance.

• Be the point of contact for both internal and external auditing processes.

Reconcile – 

• Supervise and conduct reconciliation activity and categorise reasons for stock inaccuracy.  

Train – 

• Train all effected populations in process countermeasures to avoid inventory in failed categories such as Quarantine, COGI, Parked.

Strategic – 

• Be the process expert for all strategic projects where inventory reduction or transfer plans need to be enacted.  

• Conduct the analysis, perform all data changes and stock transfer as support to the strategic project.

• Lead on group inventory reporting – creation of budget and monitor to budget.  Advise on actions required to improve reporting and improve inventory value.

This will be suited to you 

• Extensive knowledge of SAP and desire to learn SAP transactions is essential.

• Highly PC literate

• Good analytical and problem solving skills

• Excellent communication skills - Able to make complex processes easy to understand in order to make a difference in process compliance  

• Well organised

• Influencing Skills for people who are both under direct leadership and people who you have no executive authority.

What happens next?

Ordinarily, our Resourcing Team reviews and shortlists CVs. If shortlisted, you’ll speak to one of our Recruiters to discuss the role further. Our interview process usually consists of an initial teams interview followed by an in-person interview. We’ll keep in touch throughout the process but if you have any questions, please get in touch at recruitment@jcb.com 

 What’s in it for you?

This is your chance to join a company that values expertise not only in rewards but also in real employee care. At JCB you don’t just get a competitive salary, 33 days’ holiday and access to our company pension—you can also use our onsite gym, in-house doctor, dentist and visiting optician. We have an ULEV car scheme available for our employees too. Then there’s the JCB Rewards Hub, which gives you discounts with high street retailers. Feel like biking to work? There’s our Cycle to Work Scheme.

We value diversity and welcome applications from candidates from all backgrounds.

We’re committed to ensuring our recruitment process is fair and inclusive. If you face any accessibility challenges with your online application and require additional support, you have the option of speaking to a member of our Recruitment Team who can support you to complete an application in an alternative format. If you would benefit from this support, please email recruitment@jcb.com, and a member of the team will be in touch.

Recruitment Agencies: JCB does not accept any speculative approaches to present candidates for advertised vacancies.