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Inventory Analyst

US Farathane · Port Huron, MI
Full-timeAutomotiveMid Level$153,000–$207,000/yr
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About the Inventory Analyst role

Inventory Analyst positions focus on delivering results in their domain. This page aggregates open Inventory Analyst roles and what employers typically expect.

**Summary:** The **Inventory Analyst** is responsible for monitoring, analyzing, and optimizing inventory levels to support uninterrupted production and on-time delivery to automotive OEM customers and other suppliers. The role ensures inventory accuracy, minimizes excess and obsolete (E&O) inventory, and supports compliance with IATF16949, customer specific requirements, and internal materials control procedures within a high-volume plastic injection molding manufacturing environment. **Essential Duties and Responsibilities:** - Monitor raw materials, WIP, finished goods, MRO, and packaging inventory to ensure alignment with production schedules and customer demand. - Maintain high inventory accuracy through cycle counts, root cause, analysis, and corrective actions. - Set up and maintain stock location throughout the plant. - Champion of BOM accuracy and institute changes as needed. - Responsible for end-of-the-month final inventories of finished goods, raw materials, components, and works in process; including all reports required. - Responsible for assisting in daily cycle counting and inventory adjustments. - Periodic audit of supplier material receipts (Bill of lading – confirm quantity and entry into Parts +). - USF regrind scanning process implemented and virgin material not consumed added back to inventory. - Implement and follow USF standard cycle process in Parts + - Investigate and resolved inventory discrepancies, shortages, and variances. - Support physical inventory and annual inventory audits. - Analyze inventory turns, days on hand, aging inventory, and E&O exposure. - Prepare and present inventory performance reports to Material Manager. - Identify trends impacting inventory levels, including demand fluctuations, scrap, downtime, and supplier performance. - Support cost-reduction initiatives through improved inventory optimization. - Collaborating with Production Planning, Scheduling, Purchasing, and Quality support uninterrupted manufacturing operations. - Ensure inventory availability aligns with OEM releases, forecasts, and EDI requirements. - Support customer scorecard metrics related to delivery performance and inventory health. - Work with Purchasing to align order quantities, lead times, and safety stock levels. - Assist in supplier performance tracking related to delivery, quality, and responsiveness. - Support materials flow improvements to reduce lead time and inventory risks. - Ensure inventory processes align with IATF16949, internal work instructions, and customer-specific requirements. - Participate in internal and external audits as a subject matter resource. - Support Lean initiatives, including FIFO, PFEP, and 6S related to materials management. - Contribute to continuous improvement projects focused on inventory accuracy and efficiency. - Other duties as assigned. **Qualifications:** - High school diploma or GED required; Associate’s or Bachelor's degree in Supply Chain, Business, Finance, Industrial Engineering or related preferred (or equivalent experience). - 2-5 years of inventory analysis or materials control experience in automotive manufacturing preferably plastic injection molding. - Strong working knowledge of MRP/ERP systems - Advanced Excel skills (pivot tables, VLOOKUP/XLOOKUP, data analysis). - Experience working in a fast-paced, OEM-driven production environment. - Experience in Tier 1 or Tier 2 automotive supplier environment. - Familiarity with OEM requirements (GM, Ford, etc.). - Working know of IATF 16949 and automotive audit expectations. - Prefer Lean Manufacturing or Six Sigma exposure. - Analytical and data-driven decision making. - Attention to detail and accuracy. - Strong cross-functional communication. - Problem-solving and root cause analysis. - Ability to manage multiple priorities in a production environment. **Physical Requirements:** The physical demands described here are representative of those that must be met by an employee to successfully perform the esse…

Salary estimate

$153,000 – $207,000/yr
Provided by the employer.

Skills for this role

ExcelCommunicationData Analysis

Resume tips for Inventory Analyst applicants

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About US Farathane

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