6 inventory analyst Jobs in chicago, il
bp is Hiring an Inventory Analyst Near Chicago, IL
Job Family Group: Supply & Trading Group
Job Description: Part of bp’s Trading & Shipping (T&S), the Refining & Products Trading Americas (RPTA) Operations team is dedicated to managing risk and maximizing commercial value through collaboration and sharing of detailed knowledge with both internal and external parties.
The Inventory Analyst will be part of a team that is responsible for ensuring that bp’s stock position records reconcile with the physical tank measurements within storage tanks, caverns, and vessels across the region.
Key accountabilities:
- Work with trading operators to execute timely Operators Work Bench (OWB) shipment/parcel representations with respect to: loss and gain reconciliation adjustments; rebranding; re-grading; house deal operations; blending operations. Investigate and resolve all discrepancies within OWB, advising trading operators to ensure parcels are accurately recorded
- Check the daily movement figures against external systems and make sure the accurate figures are in OWB
- Review the list of in-transits and, where needed, update OWB and do a manual UOM adjustment in SAP
- Ensure that month end preparation and activities are completed on time then reconcile book inventory with physical stock statements to achieve accurate inventory reporting
- Ensure reference data requests for grade/location mappings are completed in a timely manner
- Bachelor's Degree or equivalent experience
- Minimum 2 years of prior working experience in energy industry, supply chain, or commodities scheduling experience
- Strong analytical and problem solving skills leading to effective decision making
- Ability to manage conflicting priorities and deliver results within the required time constraints.
- Strong communication and relationship management skills
- Strong bias for action
- Previous exposure to fast pace, high energy trading environment
- Understanding of inventory reconciliation
- Understanding of product blending
The Operations team is comprised of a mix of individuals, backgrounds, and experiences. We have built a culture that prioritizes professional and leadership development while striving to deliver a rewarding place to work through a diverse, high caliber equitable workforce. Your key stakeholders generally include schedulers, traders, analysts and internal functions including compliance, regulatory, finance, and other business units.
Why join bp:
At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to encouraging an inclusive environment in which everyone is respected and treated fairly.
There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!
Travel RequirementNegligible travel should be expected with this role
Relocation Assistance:This role is not eligible for relocation
Remote Type:This position is a hybrid of office/remote working
Skills:Ancillary cost management, Commercial Acumen, Communication, Competitor intelligence, Customer service delivery excellence, Demurrage, Developing and implementing strategy, Group Problem Solving, Influencing, Inventory Management, Listening, Marine assurance, Mentoring, Negotiating, Shipping/transport, Supply chain management, Trade discipline and compliance, Trading and scheduling operations, Trading Fundamentals, Sentiment and Trends, Trading knowledge, Troubleshooting, Voyage operations
Legal Disclaimer:We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an accommodation related to the recruitment process, please contact us to request accommodations.
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.
Job Summary
Full Time
Retail
$64k-83k (estimate)
05/28/2024
06/21/2024
bp.com
NORTH CHARLESTON, SC
>50,000
1909
BILL PATEL
>$50B
Retail
Related Companies
About bp
The world is changing fast and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for talented, committed and ambitious people to help us shape the face of energy for the future.
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.
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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