Inventory Analyst

7 days ago


Manila, National Capital Region, Philippines Meatplus Trading Corp. Full time

Inventory Analysts oversee managing inventory items, performing inventory analysis, and controlling day-to-day inventory operations. They determine and direct where the inventory needs to go and use statistics to determine which products are selling and which are under-performing.

Key Responsibilities:

  1. Inventory Management: Maintain and update inventory records, including item descriptions, quantities, production dates, and locations.
  2. Stock Control: Monitor inventory levels to ensure they meet operational needs while minimizing excess or obsolete stock.
  3. Inventory Accuracy: Conduct regular physical inventory counts and reconcile any discrepancies with the recorded inventory.
  4. Quality Control: Ensure that inventory items are stored and handled in a way that preserves their quality and prevents damage or spoilage.
  5. Documentation: Maintain accurate documentation of inventory transactions, including receipts, issues, and adjustments.
  6. Reporting: Generate reports on inventory status.
  7. Inventory Optimization: Implement strategies to optimize inventory turnover, reduce carrying costs, and improve supply chain efficiency.

The inventory analyst will also be responsible for forecasting demand, developing strategies, managing replenishment, resolving discrepancies, and collaborating with other departments to balance productivity with cost efficiency.

Qualifications and Experience:

  • Education: Bachelor's degree in business, logistics, supply chain, accounting, or equivalent.
  • Proven experience in inventory management or a similar role. Strong attention to detail and accuracy in record-keeping.
  • Proficiency in using inventory management software and tools. Physical ability to lift and move inventory items as needed.
  • Excellent organizational and time-management skills.

Competencies:

  • Effective communication skills.
  • Knowledge of inventory control best practices.
  • Strong problem-solving and analytical skills.
  • Experience with data analysis tools and software, including Microsoft Excel and other Inventory Management Systems.
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