Junior Inventory Analyst
Remote, Illinois, United States
Job Description
We are seeking a full-time Inventory Analyst to join our Procurement and Inventory Management team. The ideal candidate will be able to escalate hands-on experience in replenishment and supply management, online merchandising, performance measurement and implementation of new processes. This position stresses a statistical and analytical approach to procurement and inventory management to leverage our world-class data processing capabilities and apply them in a variety of creative techniques and methods.
Responsibilities -
- Analyzing inventory and sales trends.
- Effectively using forecasting tools and reports for strategic product replenishment.
- Creating and maintaining purchase orders for regular replenishment, seasonal replenishment, volume orders and specials.
- Ensuring optimal pricing and profitability through margin control.
- Developing and implementing merchandising strategies resulting in improved sales and profitability.
- Tracking major metrics and KPIs on brand and category level.
- Creating promotional and seasonal plans to maximize sales and increase Average Order Value (AOV).
- Implementing and managing mail in rebates, instant rebates, and promotions.
- Assembling and merchandising complimentary product and promotional kits.
- Visually merchandising products to improve visibility.
- Help manage product representation on site.
- Researching, monitoring and reporting on competitive landscape.
- Utilizing reports and analytical tools, updating required databases on as-needed basis.
- Additional duties as assigned.
Qualifications, Skills & Requirements -
- Bachelor’s degree or equivalent work experience required (concentration in Economics, Purchasing, Business or Supply Chain is preferred).
- Analytical skills and attention to detail.
- Ability to understand and analyze complex data to make informed decisions.
- A sharp mind with an ability to grasp concepts quickly and work out solutions to complex logic problems.
- Experience in MS Office Suite, especially Excel, is preferred.
- Excellent communication skills both verbal and written.
- Positive attitude, strong work ethic and ability to multitask is a must.
- Ability to work well under the stress of deadline pressure.
Work Location-
- Fully Remote
- We are open to hiring employees in states where we have an established presence. We’re excited to consider residents of Arizona, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Montana, Nevada, North Carolina, Ohio, South Carolina, Texas, Utah, and Wisconsin. At the company’s discretion, this list is subject to change.
Compensation-
- This is a salaried position with an anticipated annual base salary range of $45-50k.
- The annual base range for this role considers the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.
Benefits-
- This role is eligible to participate in Ecentria’s Benefits Program based on the eligibility requirements of each benefit. To learn more Ecentria’s benefits, please visit: https://ecentria.com/careers/.
Equal Employment Opportunity-
Ecentria is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Next Steps-
If a strong match is found between your qualifications and the requirements of the position, a member of the recruiting team will contact you to further discuss the career opportunity. No phone calls please
Ecentria and its affiliates are an Equal Opportunity Employer. The Company does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need. Ecentria and its affiliates are Drug Free Workplaces.
If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.
ApplyJob Profile
Fully remote Open to specific states
Benefits/PerksEligible for benefits program Fully remote Inclusive environment
Tasks- Analyze inventory trends
- Create promotional plans
- Create purchase orders
- Develop merchandising strategies
- Ensure pricing profitability
- Manage product representation
- Research competitive landscape
- Track metrics
- Use forecasting tools
Analytical Communication Data analysis Excel Forecasting Inventory Management KPI Tracking Merchandising MS Office Supply chain
Experience0 years
EducationBachelor's degree Business Economics Equivalent work experience Purchasing Supply Chain
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9