Inventory Analyst
Atalco Gramercy · Gramercy, LA · 3 wk ago
ManagementFull-time
About the role
ATALCO is seeking an experienced Inventory Analyst to support inventory accuracy, materials availability, stocking strategy, and warehouse data integrity for the Gramercy refinery.
Responsibilities
- Maintain inventory record accuracy across all warehouses and satellite storeroom locations, including quantities, units of measure, bin locations, and item descriptions.
- Own and administer the cycle count program, including count schedules, count assignments, variance research, and root-cause analysis of discrepancies.
- Investigate and resolve inventory variances, negative balances, unposted issues, and receipt discrepancies in coordination with Warehouse and Accounting.
- Process and document inventory adjustments, transfers, and write-offs in accordance with company policy and internal controls.
- Support annual physical inventory activities and audit requests, including reconciliation and supporting documentation.
- Monitor and improve data integrity within the item master, including duplicate item identification, standardized naming conventions, and manufacturer part number accuracy.
- Analyze consumption history, lead times, and demand variability to establish and maintain min/max levels, reorder points, safety stock, and economic order quantities.
- Review and adjust stocking parameters for MRO materials, critical spares, and consumables to balance availability against working capital.
- Identify excess, obsolete, slow-moving, and duplicate inventory and recommend disposition strategies including redeployment, return, or write-off.
- Partner with Maintenance and Reliability to determine criticality of spare parts and align stocking decisions with equipment risk and outage plans.
- Support inventory value and turnover targets and provide analysis to explain period-over-period movement.
- Recommend improvements to stocking strategy, storeroom layout, and replenishment processes based on usage data.
- Develop and maintain inventory reporting, including stock status, turnover, aging, excess and obsolete exposure, fill rate, and cycle count accuracy.
- Build and maintain analytical tools and dashboards in Excel and ERP reporting environments to support inventory decision-making.
- Provide inventory analysis and recommendations to Warehouse, Maintenance, Procurement, and Finance leadership.
- Track and report key inventory performance indicators and identify trends requiring corrective action.
- Support budgeting, forecasting, and month-end close activities with inventory data and variance explanations.
- Partner with the Warehouse Manager and storeroom personnel to improve receiving, issuing, put-away, and material handling practices that affect inventory accuracy.
- Support bin location optimization, labeling, barcoding, and storeroom organization initiatives.
- Carefully monitor open requisitions and purchase orders for stock replenishment items and escalate shortages that place operations at risk.
- Support kitting, staging, and reservation processes for scheduled work orders.
- Work closely with Procurement Operations and Strategic Sourcing to align stocking levels with supplier lead times, minimum order quantities, and contract terms.
- Maintain accurate inventory and material records within ERP systems and reporting tools.
- Participate in supply chain planning meetings, inventory reviews, and continuous improvement initiatives.
- Support compliance with internal controls, inventory policies, and audit requirements.
Qualifications
- Bachelor's degree in Supply Chain Management, Business, Logistics, Operations, Finance, Engineering, or related field preferred.
- Equivalent combination of education and relevant experience will be considered.
- Minimum 5 years of experience in inventory analysis, materials management, storeroom or warehouse operations, planning, or supply chain analytics.
- Experience managing MRO, spare parts, and consumable inventories in an industrial environment.
- Experience administering cycle count programs and resolving inventory variances.
- Experience setting and maintaining min/max levels, reorder points, and safety stock.
- Experience supporting manufacturing, industrial, mining, metals, chemical, refining, energy, or other heavy industrial operations.
- Strong understanding of inventory management principles, MRO materials management, and storeroom operations.
- Knowledge of inventory control practices, internal controls, and physical inventory procedures.
- Experience with SAP or similar ERP systems, including inventory and materials management modules.
- Advanced proficiency with Microsoft Excel, including pivot tables, lookups, and large data sets; proficiency with Outlook, Teams, and Power BI or similar reporting tools.
- Ability to interpret bills of material, equipment records, purchase orders, and supplier lead-time data.
- Strong analytical and problem-solving capabilities with high attention to detail and data accuracy.
- Strong organizational and time-management skills with the ability to manage multiple priorities simultaneously.
- Excellent verbal and written communication skills, including the ability to present analysis to operations and finance stakeholders.
- Ability to work independently with minimal supervision in a fast-paced operating environment.
- Strong customer service orientation and ability to develop effective relationships with internal and external stakeholders.