Due to company growth, we are looking for an Inventory Analyst to join our technology client at their site, based West of Cambridge City Centre. Working within a clean lab setting, this is a dual role, combining front of house/goods in work, alongside order fulfilment and dispatch. It’s a role that will allow you to be on your feet and move around rather than sitting behind a desk all day!
The Inventory Analyst is responsible for managing inventory levels, analysing inventory performance, and ensuring optimal stock levels. This role involves working closely with various departments, to maintain a balanced inventory that meets customer needs without incurring unnecessary costs.
Applicants will need to be able to demonstrate previous experience in a similar role, along with excellent problem-solving skills. You will need to be a competent user of computer systems and databases and willing to learn new skills.
This is a full-time position (35 hours a week Mon-Fri) and will be 100% office based. The company offers a good salary, along with an annual bonus and holiday entitlement of 22 days + BH. PLEASE NOTE: Location is accessible via public transport, but you will need to check route options.
Principle Responsibilities:
- Receive and unload incoming goods and materials from suppliers
- Inspect deliveries for accuracy, quality, and damage, and report any discrepancies or issues
- Record and document received items in the inventory management system
- Pick, pack, and prepare orders for dispatch according to customer or internal requirements
- Ensure that orders are accurately fulfilled and that the correct items and quantities are dispatched
- Coordinate with the shipping department to schedule and prepare shipments
- Monitor and analyse inventory levels
- Develop and implement inventory control strategies to optimize stock levels
- Ensure that inventory is sufficient to meet demand without overstocking
- Prepare regular inventory reports for management, highlighting key metrics such as turnover rates, stock levels, and slow-moving inventory
- Analyse inventory data to identify trends, inefficiencies, and areas for improvement
- Utilise ERP systems and Excel to track and analyse data
- Collaborate with procurement to ensure timely replenishment of stock
- Coordinate with production teams to align inventory with manufacturing schedules
- Work with logistics to manage inbound and outbound shipments and optimize warehouse operations
- Continuously evaluate and improve inventory management processes and systems
- Lead or participate in projects aimed at enhancing inventory accuracy and efficiency
- Implement best practices for inventory control and management
The successful candidate will be able to demonstrate:
- 1-2 years of experience in a supply chain analysis, or a logistical role (including stores)
- Experience with inventory management or ERP software
- Proficiency in Microsoft Excel
- Excellent problem-solving abilities and attention to detail
- Strong communication and collaboration skills
- Ability to work independently and manage multiple tasks simultaneously
- Experience in the manufacturing industry (preferred)
- Understanding of Python or Microsoft Visual Basic (preferred)
To apply for the role of Inventory Analyst, please send a covering letter together with a copy of your CV in MS Word