Inventory Analyst Associate

Posted 27d ago

Job Summary:

The Inventory Analyst Associate is responsible for monitoring, analyzing, and optimizing inventory levels to ensure efficient supply chain operations. This role involves tracking stock movements, identifying trends, and collaborating with teams to maintain inventory accuracy, prevent shortages, and reduce excess stock.

Key Responsibilities:

Inventory Monitoring & Control:

  • Track inventory levels, stock movements, and discrepancies.
  • Ensure accurate stock records and reconcile differences between physical and system inventory.
  • Conduct regular cycle counts and audits to verify stock accuracy.

Data Analysis & Reporting:

  • Analyze inventory data to identify trends, optimize stock levels, and improve inventory turnover.
  • Prepare reports on inventory performance, stock availability, and potential risks.
  • Provide data-driven recommendations for demand forecasting and procurement planning.

Coordination & Collaboration:

  • Work closely with procurement, warehouse, and sales teams to align inventory with business needs.
  • Communicate with suppliers and logistics partners to ensure timely stock replenishment.
  • Assist in inventory-related problem resolution, such as stock shortages or overages.

Process Optimization:

  • Identify inefficiencies in inventory management and propose process improvements.
  • Support the implementation of inventory control systems or software enhancements.
  • Ensure compliance with company policies and industry best practices.

Risk Management:

  • Monitor slow-moving or obsolete inventory and suggest strategies to minimize waste.
  • Implement measures to prevent stock losses, damages, or theft.
  • Ensure compliance with safety and storage regulations.

Qualifications and Skills:

  • Bachelor’s degree in business administration, Supply Chain Management, Finance, or a related field.
  • Experience in inventory management, supply chain, or logistics is an advantage.
  • Strong analytical and problem-solving skills.
  • Excellent attention to detail and accuracy in data analysis.
  • Ability to work collaboratively in a fast-paced environment.
  • Effective communication and reporting skills.

Company profile

Retail & Consumer Products1,001-5,000 employees

The company was founded in 1945. LCC Mall is the pioneer and a growing distributor, retailer, wholesaler of Department Store and Supermarket items in Region 5. A company that epitomizes the Filipino entrepreneurial spirit of investing, creating more jobs and developing mall that offers consumers a wide choice of products, outstanding customer service and modern facilities in a retailing scheme.

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