Inventory Data Analyst

Inventory Data Analyst

ACDC Dynamics, a leading manufacturer, importer, and distributor of quality products in the electrical, electronics, pumps, and tools industry and is seeking a highly-organized Inventory Data Analyst to join our team.

PURPOSE OF THE ROLE:

The Inventory Data Analyst plays a key role in optimizing operations by analyzing data, processes, and material flows to identify areas for improvement. This position is responsible for implementing changes, developing business cases, and ensuring long-term success through effective change management. Working closely with cross-functional teams, the role also focuses on standardizing best practices, fostering innovation, and leading sustainability initiatives.

• Develop and implement strategies to optimize the supply chain, including procurement, inventory management, and distribution, to ensure the timely delivery of electrical products and components to customers and production facilities.
• Coordinate transportation activities, including route planning, carrier selection, and freight management, to ensure cost-effective and timely delivery of goods.
• Negotiate contracts with transportation providers and monitor performance to meet service level agreements.
• Oversee warehouse operations, including receiving, storage, and order fulfillment, to maintain efficient inventory levels and minimize stockouts.
• Implement best practices for inventory management, such as ABC analysis and cycle counting, to optimize inventory turnover and reduce carrying costs.
• Develop and maintain inventory control procedures to ensure accuracy and traceability of inventory movements.
• Implement inventory optimization techniques, such as safety stock management and just-in-time inventory, to minimize excess inventory and improve cash flow.
• Ensure compliance with regulatory requirements and industry standards related to transportation, warehousing, staffing and product handling.
• Stay informed about changes in regulations and implement necessary measures to maintain compliance.
• Identify potential risks in the supply chain, such as transportation delays, supplier shortages, and quality issues, and develop contingency plans to mitigate risks and ensure continuity of operations.
• Monitor key performance indicators (KPIs) related to logistics operations, such as on-time delivery, fill rate, and inventory accuracy, and implement corrective actions as needed to improve performance.
• Prepare regular reports and presentations for management review.
• Collaborate with internal departments, such as procurement, production, sales, and customer service, to coordinate logistics activities and ensure alignment with overall business objectives.
• Communicate effectively with external stakeholders, including suppliers, customers, and transportation partners.