Inventory Optimization Analyst Remote - REXNORD INDUSTRIES LLC
MILWAUKEE, WI
About the Job
JOB REQUIREMENTS: The Inventory Optimization Analyst is responsible for
analyzing, modeling, and improving inventory management processes to
ensure optimal stick levels across the supply chain. This role involves
working closely with cross-functional teams to identify inefficiencies,
forecast demand, and implement strategies to reduce costs while
maintaining service levels. Responsibilities Analyze current inventory
levels and turnover rates to identify opportunities for optimization.
Help in implementing inventory optimization strategies to minimize
excess stock, reduce costs and improve Inventory Health. Support the
seamless interaction of purchasing and materials management to resolve
gaps between supply capabilities and production plans. Process audit of
safety stock, reorder point, lead times and lot size to ensure timely
update of the system. Execute and adjust inventory parameters such as
reorder points, safety stock levels, lot size and lead times to each
ERP. Perform root cause analysis on inventory discrepancies, stockout
and overstock situations, providing actionable recommendations for
improvement that directly impacts the Inventory Health. Generate and
analyze reports on inventory performance, including key metrics such as
DIO, ITO and carrying costs. Develop and maintain relationships with key
stakeholders to ensure alignment on inventory goals and performance
goals. Identifies continuous improvement opportunities and strategies
for inventory management in accordance with the goals and compliance
requirements of Regal Rexnord Sales Offices (same day shipping, delivery
expectations, seasonal variations, and best customer experience).
Qualifications Bachelor's degree in business, accounting, finance or
related Supply Chain. 5-7 yearsExperience in Materials Management
utilizing SAP required, Oracle and other ERP would be a plus. Previous
experience working for a manufacturing company. Experience with deep
financial analytics using large data sets and reporting skills desired.
Experience with tools such as Microsoft Project, Office, SharePoint,
ERP. (SAP/Oracle), Planning Tools (Demantra), and Analytical Dashboards
(Power BI) desired. Knowledge of lean tools and mindset to drive for
continuous improvement desired. Travel: Up to 35% Domestic and
International travel is required for this position Expected Salary:
$80,000-90,00 #LI-REMOTE #LI-JJ1 Benefits Medical, Dental, Vision and
Prescription Drug Coverage Spending accounts (HSA, Health Care FSA and
Dependent Care FSA) Paid Time Off and Holidays 401k Retirement Plan with
Matching Employer Contributions Life and Accidental Death &
Dismemberment (AD&D) Insurance Paid Leaves Tuition Assistance About
Regal Rexnord Regal Rexnord is a $6.5B publicly held global industrial
manufacturer with 30,000... For full info follow application link.
Equal Employment Opportunity Employer: Female/Sexual Orientation/Gender
Identity/Minority/Veteran/Disabled * APPLICATION INSTRUCTIONS:
Apply Online: ipc.us/t/47D8FCC4E9894778
analyzing, modeling, and improving inventory management processes to
ensure optimal stick levels across the supply chain. This role involves
working closely with cross-functional teams to identify inefficiencies,
forecast demand, and implement strategies to reduce costs while
maintaining service levels. Responsibilities Analyze current inventory
levels and turnover rates to identify opportunities for optimization.
Help in implementing inventory optimization strategies to minimize
excess stock, reduce costs and improve Inventory Health. Support the
seamless interaction of purchasing and materials management to resolve
gaps between supply capabilities and production plans. Process audit of
safety stock, reorder point, lead times and lot size to ensure timely
update of the system. Execute and adjust inventory parameters such as
reorder points, safety stock levels, lot size and lead times to each
ERP. Perform root cause analysis on inventory discrepancies, stockout
and overstock situations, providing actionable recommendations for
improvement that directly impacts the Inventory Health. Generate and
analyze reports on inventory performance, including key metrics such as
DIO, ITO and carrying costs. Develop and maintain relationships with key
stakeholders to ensure alignment on inventory goals and performance
goals. Identifies continuous improvement opportunities and strategies
for inventory management in accordance with the goals and compliance
requirements of Regal Rexnord Sales Offices (same day shipping, delivery
expectations, seasonal variations, and best customer experience).
Qualifications Bachelor's degree in business, accounting, finance or
related Supply Chain. 5-7 yearsExperience in Materials Management
utilizing SAP required, Oracle and other ERP would be a plus. Previous
experience working for a manufacturing company. Experience with deep
financial analytics using large data sets and reporting skills desired.
Experience with tools such as Microsoft Project, Office, SharePoint,
ERP. (SAP/Oracle), Planning Tools (Demantra), and Analytical Dashboards
(Power BI) desired. Knowledge of lean tools and mindset to drive for
continuous improvement desired. Travel: Up to 35% Domestic and
International travel is required for this position Expected Salary:
$80,000-90,00 #LI-REMOTE #LI-JJ1 Benefits Medical, Dental, Vision and
Prescription Drug Coverage Spending accounts (HSA, Health Care FSA and
Dependent Care FSA) Paid Time Off and Holidays 401k Retirement Plan with
Matching Employer Contributions Life and Accidental Death &
Dismemberment (AD&D) Insurance Paid Leaves Tuition Assistance About
Regal Rexnord Regal Rexnord is a $6.5B publicly held global industrial
manufacturer with 30,000... For full info follow application link.
Equal Employment Opportunity Employer: Female/Sexual Orientation/Gender
Identity/Minority/Veteran/Disabled * APPLICATION INSTRUCTIONS:
Apply Online: ipc.us/t/47D8FCC4E9894778
Source : REXNORD INDUSTRIES LLC
