Inventory Analyst

At Rite-Hite, your work makes an impact. As the global leader in loading dock and door equipment, we design and deliver solutions that keep our customers safe, secure, and productive. Here, you’ll find innovation, stability, and the chance to grow your career as part of a team that’s always looking ahead. 

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Direct cycle count process, cycle counters, production supervisors and related procedures.
• Assign and measure count accuracy performance of associates assigned to do actual counting and entry of the cycle counts.
• Generate cycle count reports, summarizing cycle results by part number, by location and by facility.
• Conduct quarterly system to floor inventory audits.
• Professionally communicate inventory results to appropriate cycle counters and supervisors on regular basis
• Formulate data into report and present information engineering, manufacturing, and purchasing to develop plans increase inventory accuracy. 
• Work with buyers or manufacturing supervisors to determine what information and actions will be needed to make projects successful.
• Create, interpret and implement significant changes based on details from reports on issues like cycle count history, production stockouts, and purchasing patterns.
• Monitor and report on national purchasing trends, and market data for commodities specific to RHEEC. Eg: Steel, Aluminum, Oil, Lumber, Plastics, etc
• Investigate cycle count adjustments that exceed a predetermined tolerance level and report and document any findings to appropriate personnel
• Assist in bill of material audits.
• Communicate cycle results on a monthly basis to manufacturing and support personnel.
• Communicate errors or process breakdowns in real-time and coordinate efforts to resolve issues regarding inventory controls or practices.
• Develop and maintain a useful inventory scorecard to be shared with Environmental Enclosures management and its employees.
• Propose and implement inventory processes as needed, with accompanied documentation support.
• Facilitate inventory training as needed
• Maintain regular communication with purchasing, planning, engineering and manufacturing to ensure inventory processes are followed, inconsistencies are identified, and corrective measures are taken
• Work with appropriate production support personnel to identify reasons for daily inventory over issues, and communicate and coordinate corrections as needed.
• Facilitate the engagement of manufacturing personnel, support personnel and engineering personnel in how they affect the overall inventory process
• Willingness to assist cycle counters in counting when necessary.
• Motivate manufacturing personnel by soliciting input in developing inventory benchmarks and goals that are consistent with the company’s strategic plan.

PRINCIPLE ACCOUNTABILITIES:

• Timeliness and accuracy of cycle counts and inventory practices.
• Contribute to efficient and cost effective procurement of materials.
• Professional and effective communications with manufacturing, support, engineering and management personnel of inventory processes and/or issues.
• Document inventory measurements and processes in accordance with company procedure.
• Ability to effectively engage other personnel in understanding inventory and its processes.
• Capable of communicating and engaging personnel at various inventory skill levels.

QUALIFICATIONS:

• Inventory analysts need strong speaking, writing, analytical, and organizational skills.
• Must be able to work independently and make crucial decisions. Theymust also be adept with computer software, especially databases and spreadsheets.  Expert Level Microsoft Excel proficiency is required.  Six Sigma Certifications are useful.

EDUCATION and/or EXPERIENCE:

4-year bachelor's degree in a field such as supply chain management, business administration or marketing.  Useful courses include accounting, business law, industrial engineering, negotiations, and database design; production and inventory management certificate from the Association for Operations Management (www.apics.org).

LANGUAGE SKILLS:

Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors.

MATHEMATICAL SKILLS:

Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations. Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory, and factor analysis.

REASONING ABILITIES:

Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems. Ability to deal with nonverbal symbolism (formulas, scientific equations, graphs, musical notes, etc.,) in its most difficult phases. Ability to deal with a variety of abstract and concrete variables.

FINANCIAL SKILLS:

The incumbent must be able to analyze and interpret financial information, reports and results, and recommend strategies to improve the financial performance of the division. A general understanding of financial ratios and calculations is required as well as the ability to read and understand financial statements.

What We Offer

At Rite-Hite, we take care of our people – because when you’re supported, you can do your best work. Our benefits are designed to support your health, your future and your life outside of work:

• Health & Well-being: Comprehensive medical, dental, and vision coverage, plus life and disability insurance. A robust well-being program with an opportunity to receive an extra day off and more.

• Financial Security: A strong retirement savings program with 401(k), company match, and profit sharing.

• Time for You: Paid holidays, vacation time, and personal/sick days each year.

Join us and build a career where you’re supported – at work and beyond.

Rite-Hite is proud to be an Equal Opportunity Employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic under federal, state, or local law. In accordance with VEVRAA, we are committed to providing equal employment opportunities for protected veterans. We are also committed to maintaining a drug-free workplace for the safety of our employees and customers.