What are the responsibilities and job description for the Senior Inventory Analyst position at Lonestar Electric Supply?
Description
VETERANS ARE ENCOURAGED TO APPLY
Lonestar Electric Supply is seeking a Senior Inventory Analyst to support corporate inventory strategy by optimizing the balance between supply and demand across the organization. This role is responsible for identifying inefficiencies in the supply chain, improving inventory performance, and driving data-informed decisions that impact working capital and service levels.
The Senior Inventory Analyst will partner closely with branch operations, finance, and sales teams while reporting to the Data Engineer within the Corporate Operations team. The ideal candidate is highly analytical, experienced in distribution environments, and capable of translating data into actionable insights.
Responsibilities
This job description is a general outline of the day-to-day duties to be expected and may not cover all job responsibilities that may be assigned by management.
VETERANS ARE ENCOURAGED TO APPLY
Lonestar Electric Supply is seeking a Senior Inventory Analyst to support corporate inventory strategy by optimizing the balance between supply and demand across the organization. This role is responsible for identifying inefficiencies in the supply chain, improving inventory performance, and driving data-informed decisions that impact working capital and service levels.
The Senior Inventory Analyst will partner closely with branch operations, finance, and sales teams while reporting to the Data Engineer within the Corporate Operations team. The ideal candidate is highly analytical, experienced in distribution environments, and capable of translating data into actionable insights.
Responsibilities
- Develop and maintain demand planning and forecasting models to ensure optimal inventory levels across branches.
- Analyze historical data, trends, and business drivers to predict future inventory requirements.
- Identify and mitigate excess, obsolete, and slow-moving inventory to improve inventory turns and reduce carrying costs.
- Perform variance analysis and root-cause investigation on inventory discrepancies and performance gaps.
- Prepare and deliver reporting on inventory health, valuation, service levels, and return on investment to leadership.
- Support working capital optimization initiatives through data-driven inventory strategies.
- Lead process improvement initiatives related to inventory management and ERP system integration.
- Partner with purchasing, sales, and operations teams to align inventory strategies with business goals.
- Build relationships with branch Operations Managers to identify data gaps and improve inventory accuracy and reporting.
- Support data validation, standardization, and continuous improvement of inventory-related data sets.
- Assist with inventory-related analysis for strategic initiatives, including acquisitions and expansion efforts.
- Perform other duties as assigned by management.
- Bachelor’s degree in Supply Chain Management, Business, Analytics, or a related field.
- 5 years of experience in inventory control, supply chain analysis, or distribution operations.
- Experience in electrical or industrial distribution preferred.
- Strong proficiency with ERP systems such as Epicor Eclipse, SAP, or Oracle.
- Advanced Microsoft Excel skills; experience with SQL or data analysis tools preferred.
- Strong analytical and problem-solving skills with the ability to interpret complex data sets.
- Experience with inventory optimization methodologies, including ABC analysis, safety stock, and EOQ modeling.
- Strong communication skills with the ability to present insights to both technical and non-technical audiences.
- Ability to manage multiple priorities in a fast-paced, multi-location environment.
- Must be able to remain in a stationary position 50% of the time.
- Constantly operates a computer and other office productivity machinery such as a calculator, copy machine, and computer printer.
- Medical, dental, life and vision insurance
- 401(k) Retirement Plan and Match
- Paid Time Off
- Specified Holiday Pay
- Salary Range: $75,000 – $110,000 (based on experience)
This job description is a general outline of the day-to-day duties to be expected and may not cover all job responsibilities that may be assigned by management.
Salary : $75,000 - $110,000