Inventory Control Specialist

6 days ago

Ashby de la Zouch, Leicestershire, United Kingdom Element Solutions Inc Full time
Job Overview

Element Solutions Inc is seeking a highly skilled Inventory Analyst to join our team at the Ashby site. As an integral part of our planning function, you will be responsible for overseeing inventory control and analysis to ensure effective processes for near-term and long-term supply planning.

Key Responsibilities
  • Manage inventory records across both our systems and physical locations to ensure accuracy and efficiency.
  • Monitor and report inventory levels, age, condition, and turnover to identify areas for improvement and develop strategies to address discrepancies.
  • Plan, manage, and control all stock and perpetual inventory management checks to minimize stockouts and overstocking.
  • Review the replenishment process to optimize inventory levels and reduce costs.
  • Support new product introduction projects and assist with cost reduction exercises.
  • Analyze and track sales forecasts at customer and product levels to inform supply chain decisions.
  • Identify variances in actual demand vs planned demand and make informed changes to forecasts and supply chain plans to minimize shortages and overstocks.
  • Communicate with internal teams potential stock shortages and excess stock to ensure timely resolution.
  • Interface with the Demand Planning process to ensure alignment and effective supply chain planning.
  • Implement processes to flag potential issues before inventory is replenished and facilitate short-term and long-term supply planning to achieve adherence to schedule in production scheduling and On-Time Delivery to customers.
  • Manage inventory and supply planning to site KPIs and continuously improve processes.
Requirements & Qualifications
  • Previous experience in an Inventory Analyst role or similar roles, preferably within the logistics or supply chain industry.
  • Strong knowledge of inventory management principles and best practices.
  • High degree of numeracy and understanding of financial aspects and KPIs as they relate to inventory management.
Skills
  • Acute eye for detail and numbers.
  • Strong analytical and problem-solving skills to analyze data and present back in concise and understandable format.
  • Excellent working knowledge of Microsoft Excel, including VBA, lookups, pivots, macros, and databases.
  • Experience with JDE ERP systems is an advantage.
Competencies
  • Self-motivated with the ability to work independently and meet deadlines.
  • Effective communication and interpersonal skills.
  • Ability to work collaboratively with cross-functional teams.
  • Highly organized and methodical.
EEO Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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