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Inventory Analyst
Commerce Canal New York, NY
$64k-81k (estimate)
Full Time 9 Months Ago
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Commerce Canal is Hiring an Inventory Analyst Near New York, NY

About Us:

Commerce Canal provides various brands, licensees and wholesalers with sales and marketing support with brick & mortar retailers, ecommerce etailers and online marketplaces. Our unique offering ranges from on-site support to assist with merchandising to general sales representative support by region or classification.

Brands currently supported include Hanes, LEGO Wear, Hi-Tec, New Balance, Rolex, Swatch, Terramar Sports and Trimfit to name a few. Commerce Canal currently processes and represents approximately $100mm in annual sales with the following retailers, etailers and marketplaces: Amazon, Amazon FBA, Costco, Hudson’s Bay, Jet.com, Kohl’s, Lord & Taylor, Macy’s, Walmart, Zappos and several others. 

About the Role:

The Inventory Analyst will play a key role in strategic planning and execution across a Client’s digital channels including ecommerce, marketplaces and digital marketing/affiliates. You will be responsible for ensuring clients have an adequate supply of product to optimize their sales within the retail channels in which they are selling. This role includes extensive inventory planning, WIP/stock planning, inventory optimization and use of Excel and retailer portals. Reporting to the Client Lead or directly to the Client, he or she will work closely with internal stakeholders, e-tail partners and external agencies to execute on this strategy. The ideal candidate will use data driven decision making to plan, execute, analyze, and optimize programs that drive sales based on the optimal level of inventory. Experience with Shopify, Amazon, Rakuten, CommerceHub and Walmart is helpful.

Principal Responsibilities:

  • Maintain accurate catalog of various client products through product catalog uploading via vendor portals;
  • Daily shipment setup, shipment reconciliation and shipment planning into customer/retailer warehouses;
  • Forecasting of annual sales and management of inventory planning & replenishment;
  • Partner with Client Sales, Creative Development, and Support departments on launch successes including merchandizing, performance management, etc.;

Desired Qualifications:

  • 0-2 years of experience in the E-commerce space, inventory management a plus
  • Strong Microsoft Office skills, specifically Excel and Powerpoint
  • Analytical and innovative mindset to make sense of metrics and data
  • Highly organized, detail oriented self-starter with the ability to work independently and within a team environment
  • Ability to prioritize multiple projects and tasks
  • Excellent oral and written communication
  • Finally, a passionate desireto learn the ins and outs of E-commerce

Working Conditions:

  • Normal office environment with less than 5% travel within the United States and Canada.

Benefits:

  • Medical, Vision, Dental,
  • PTO
  • 401K with match

Job Summary

JOB TYPE

Full Time

SALARY

$64k-81k (estimate)

POST DATE

07/08/2023

EXPIRATION DATE

05/04/2024

WEBSITE

commercecanal.com

HEADQUARTERS

New York, NY

SIZE

<25

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Commerce Canal
Full Time
$80k-96k (estimate)
11 Months Ago

The following is the career advancement route for Inventory Analyst positions, which can be used as a reference in future career path planning. As an Inventory Analyst, it can be promoted into senior positions as a Supplier Inventory Senior Analyst that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Inventory Analyst. You can explore the career advancement for an Inventory Analyst below and select your interested title to get hiring information.

Daily Harvest
Full Time
$69k-87k (estimate)
1 Month Ago
Gordon Brothers
Remote | Full Time
$93k-115k (estimate)
9 Months Ago

If you are interested in becoming an Inventory Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Inventory Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Inventory Analyst job description and responsibilities

Align all storage strategies with seasonal demand.

03/23/2022: Dallas, TX

Controls inventories of raw materials and finished goods.

03/16/2022: Richland, WA

Inventory Analyst works across departments to monitor inventory levels with expected Customer demand.

02/18/2022: Alexandria, LA

This role will maintain accurate, real-time records of all inventory as well as accurate tracking of the COGS.

02/11/2022: Florence, SC

Ensure all accounting activities are completed with the highest level of control and integrity.

03/24/2022: Los Angeles, CA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Inventory Analyst jobs

These analysts also have excellent mathematical and analytical skills.

01/28/2022: Poughkeepsie, NY

Strong written and oral communication skills.

04/12/2022: Anchorage, AK

Keep customers up-to-date with shipping and product replenishment alerts.

01/23/2022: Florence, AL

Comfortable in a rapidly changing environment.

04/07/2022: Passaic, NJ

Ability to successfully work independently.

04/08/2022: Rochester, NY

Step 3: View the best colleges and universities for Inventory Analyst.

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