What are the responsibilities and job description for the Inventory Analyst / Data Management / Accounting position at XR LLC?
XR, LLC. is a leading sexual wellness company that is committed to providing high-quality products and services to our customers with a focus on enhancing our customers’ sexual experience and promoting sexual wellness safely and enjoyably.Position OverviewThe Inventory Analyst is responsible for supporting XR’s procurement and inventory management processes by analyzing purchasing data, coordinating vendor relationships, and helping maintain cost-effective supply strategies. This role works closely with the Operations, Accounting, Product Development, and Warehouse teams to ensure products are purchased at the right time, for the right price, and in alignment with business needs.This position is ideal for someone with hands-on purchasing or procurement experience with proficient knowledge in Excel who thrives in a fast-paced environment and enjoys solving problems through data analysis and collaboration.Key ResponsibilitiesAnalyze purchasing trends, supplier performance, and inventory data to support better decision-making.Create and manage purchase orders (POs), ensuring accuracy and timely processing.Work with vendors to secure competitive pricing, negotiate terms, and ensure on-time deliveries.Monitor inventory levels and coordinate replenishment to prevent stockouts or overstocking.Assist Accounting with invoice matching and resolving payment discrepancies when needed.Collaborate with Product Development and Warehouse Operations to plan purchasing based on sales trends, promotions, and product launches.Support process improvements to increase efficiency, reduce costs, and improve reporting accuracy.QualificationsRequired:3 years of relevant experience in purchasing, procurement, inventory management, or a similar role.Strong analytical and organizational skills, with the ability to interpret data and provide actionable insights.Experience working with ERP or inventory management systems.Solid communication and vendor negotiation skills.Proficiency with Excel and reporting tools.Preferred (Not Required):Experience in e-commerce, retail, or consumer goods.Familiarity with invoice processing and purchase-to-pay workflows.Coursework or certifications in purchasing, supply chain, or accounting are a plus.XR Core CompetenciesCollaboration: Works seamlessly with vendors and cross-functional teams.Efficiency: Focused on optimizing costs and improving processes.Problem-Solving: Uses data and experience to identify and resolve procurement challenges.Adaptability: Thrives in a dynamic, fast-paced environment.Compensation & BenefitsCompetitive salary based on experienceMedical, dental, and vision coverage401(k) plan with company matchPaid time off, sick leave, and company holidaysEmployee discounts on XR productsOpportunities for growth and advancement within Operations and cross-training in AccountingCompany DescriptionXR, LLC. is a leading sexual wellness and adult novelty company that is committed to providing high-quality products and services to our customers with a focus on enhancing our customers’ sexual experience and promoting sexual wellness safely and enjoyably.