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Inventory Analyst in Eagan, MN at Factory Motor Parts

Date Posted: 1/25/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Eagan, MN
  • Job Type:
    Inventory
  • Experience:
    At least 4 year(s)
  • Date Posted:
    1/25/2018

Job Description

At Factory Motor Parts Company, a future of growth and limitless possibilities awaits us. Our continuous growth is fueled by solid relationships with customers, colleagues and suppliers. Each of us delivers extraordinary customer care that is simple, proactive and personal. We take pride in knowing we are part of an extraordinary company of talented, high-performing professionals who are leading change and growth.

We are currently seeking an experienced and data driven Inventory Analyst to partner with the Inventory Manager to develop and execute inventory strategies that drive incremental sales and profit for Factory Motor Parts. He/she will be responsible for ensuring the attainment of in stock goals while helping maintain inventory efficiency. The Inventory Analyst must be able to manage multiple projects simultaneously and prioritize in accordance of a rapidly changing environment.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Replenishment System / Allocation Management

  • Optimize the automated replenishment system parameters based on rate of sales, lead times, and order frequency to ensure meeting our inventory levels and in stock goals
  • Own the purchase order process for assigned vendors and categories; follow up with vendors and field teams regarding on time shipment and receipt of purchase orders.
  • Monitor product flow from vendors to distribution centers and to spokes; replenish and allocate product as needed
  • Drive in stocks to target while managing inventory efficiencies.
  • Adhere to OTB spend while achieving planned turnover and revenue growth.

Planning / Analysis

  • Assist in providing support and analysis as necessary regarding sales, purchases, inventory levels and vendor performance.
  • Partner with the Inventory Manager to perform analysis and review upcoming promotional forecasts and seasonal activity based on sales, inventory, and in stock expectations.

Communication

  • Develop relationship with Inventory Manager through active involvement in business decisions
  • Maintain collaborative partnerships with vendors, distribution centers, and spokes to ensure the rapid and efficient movement of goods through the supply chain
  • Communicate with field teams and respond to individual location issues as needed
  • Communicate vendor issues promptly to Inventory and Category Managers to ensure prompt resolution.

Process Improvement

  • Drive change in company best methods and be a resource for inventory system / process enhancements.

Job Requirements

PREFERRED REQUIREMENTS:

  • Financial analysis and/or forecasting experience
  • Factory Motor Parts systems aptitude and experience

EDUCATION and/or EXPERIENCE:

  • Bachelors of Science degree in Business, Marketing, Economics, Math, or Statistics from an accredited four year college or university or equivalent business experience;
  • 2+ years business experience (Inventory, Merchandising, Merchandise Planning, Supply Chain, Purchasing, or Retail experience preferred); or equivalent combination of education and experience.

An industry leader, FMP offers a well-balanced compensation and benefits programs, including medical, dental, life, 401K with match, profit sharing, paid holidays/vacation/sick time + much more.

If you are ready for a new destination, we would like to hear from you. Please visit our website www.factorymotorparts.com to apply online!

Drug screen and background check administered as a condition of employment.

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  • The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)