Inventory Control Analyst jobs in Trenton, NJ

Location:  Onsite at Bristol, PA

Opportunity

Robern, a Kohler company, is seeking a highly skilled and experienced Inventory Analyst to join our team. As a Supply Chain Inventory Analyst, you will play a pivotal role in inventory management, control, and optimization. With experience in inventory control strategies, inventory management analysis, inventory reduction initiatives, and SAP systems you will play a critical role in managing CAPEX projects/inventory systems, updating material master data in SAP, and overseeing and driving a new cycle count program, among other inventory related strategies.

Specific Responsibilities

Capital Projects/Inventory Implementation & Optimization

• Implement & optimize recent capital acquisitions including 2 Kardex Vertical Storage Units, merge SAP and Kardex inventory management systems by evaluating product characteristics, demand patterns, and storage space limitations.
• Analyze item velocity, picking frequency, and storage bin capacities to determine the optimal placement of items within each of the 2 Kardex systems.
• Collaborate with Operations, Supply Chain, and warehouse teams to define ideal box positions, configure the system parameters, and optimize picking routes for maximum efficiency.
• Regularly review and update each Kardex configurations based on product assortments, packaging sizes, weights, heights, and storage space utilization to enhance inventory accessibility and reduce picking errors, while simultaneously utilizing the highest capacity.

Update and Maintain Material Master Data in SAP

• Take ownership of the material master data in SAP, ensuring accuracy, consistency, and completeness of item descriptions, attributes, and supply chain parameters.
• Collaborate closely with procurement, production, quality assurance & NPD teams to update data for added items, product changes, or supplier updates.
• Conduct regular audits and data validation checks to identify and rectify any inconsistencies, duplicates, or obsolete entries.
• Work closely with IT and SAP administrators to optimize SAP functionalities, implement automation, and enhance data governance practices.

Manage Cycle Count Program and Inventory Discrepancies:

• Develop and execute a comprehensive cycle count program to ensure regular and systematic inventory accuracy checks across all storage locations.
• Coordinate and oversee cycle counting activities, including planning, scheduling, and execution, to minimize disruptions to daily operations.
• Investigate inventory discrepancies and perform root cause analysis to identify underlying issues related to receiving, picking, inventory transactions, or system inaccuracies.
• Collaborate with cross-functional teams, such as finance, operations, and quality control, to resolve inventory discrepancies and implement corrective actions.

Set Min/Max Inventory Levels:

• Utilize historical demand data, sales forecasts, and lead time variability analysis to establish optimal minimum and maximum inventory levels for each SKU.
• Collaborate with cross-functional teams, including production, procurement, and sales, to understand demand patterns, production capacity, and supplier performance.
• Continuously monitor market trends, customer demand changes, and supplier lead times to adjust min/max levels to align with business objectives and maintain high service levels.
• Implement advanced statistical models and demand planning techniques to improve forecast accuracy and optimize safety stock levels.

Kanban Inventory Strategies and Maintenance:

• Design and implement Kanban systems, tailored to specific product families or manufacturing processes, to ensure efficient material flow and minimize inventory holding costs.
• Evaluate production and consumption rates to establish appropriate container sizes, reorder quantities, and trigger points for replenishment.
• Continuously improve Kanban systems by analyzing performance metrics, such as fill rate and replenishment cycle time, and implementing process enhancements.