Inventory Analyst
NTN Bearing Corporation · Schaumburg, IL · 6 days ago
Management$50k–$65k/yrFull-time
NTN is one of the world’s premier bearing manufacturers serving the automotive and industrial markets for over 100 years. Proven stability, growing sales, and career opportunities set NTN apart.
About the role
- Ad-hoc analytical projects and process creation
- Negotiate production with plant production control personnel, manage plant purchases to budget
- Provides analytical support for projects, new business opportunities, and proposals
- Reviews and executes planned purchases as scheduled to ensure effective flow of inventory
- Perform inventory management analysis to control inventory balances that meet customer demand without unnecessary carrying cost
- Support the demand planning process through forecast/alert review and system updates
- Monitor back orders and take appropriate action to minimize recurrence
- Responsible for recurring replenishment to maintain inventory levels that promote best-in-class fill rates, including scheduling work orders, transfers, and inventory re-works
Requirements
- Demonstrated ability to deliver results and achieve goals
- Solid understanding of inventory management techniques and systems
- Must effectively interact with various internal customers; interpersonal skills are critical
- Proficiency using and pulling information from an ERP such as SAP or JD Edwards preferred
- Proficiency using CRM system such as Sales Force
- Ability to analyze and interpret data to facilitate decision-making
- Knowledge and understanding of Procurement Operations
- Bachelor’s Degree in Supply Chain Management, Logistics, General Management, or Industrial Engineering desirable
- 1-3 years previous experience in Inventory Planning, Logistics, Customer Service, or Procurement Operations preferred
- Intermediate Excel abilities are required, including V-lookups, pivot tables, conditional formatting, IF statements, charts & graph creation
Pay
The actual base pay offered to the successful candidate will be based on multiple factors, including job-related knowledge/skills, experience, business needs, geographical location, and internal equity. $50K - $65K
Benefits
- Company car stipend
- Choice of medical plans
- Dental, vision, life, and disability insurance
- Cash matching 401(k) Plan
- Paid vacation
- Additional paid time off during the major holiday season
- Auto Plan
- Eligibility for tuition reimbursement