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Inventory Analyst - job 1 of 2

Role SummaryThe RIM Analyst will support the AutoPart Retail Inventory Management Program by assistingthe AutoPart Coordinator with rollout of pilot dealers, testing of AutoPart enhancements, fullprogram rollout, as well as the daily management of dealer calls/emails.Duties & Responsibilities - Retail Inventory Management (RIM) Analyst Objectives· Act as a business contact in support of dealers for RIM implementation & daily support.· Serve as first point of contact/escalation for dealers, depots and field personnel to addressand resolve issues as it relates to AutoPart Retail Inventory Management orders/returns· Maintain and distribute reports to inform key stakeholders of dealer/system performance toestablished KPIs.· Perform complex analysis; incorporate both conceptual and actual data to functionalapplication.· Monitor and adjust the parameters for dealer stocking assortment.· Monitor dealer data transfer flow, root cause and resolve data integrity or transmissionserrors with dealer/DMS provider.· Support the managing of dealer auto stock inventory and relaying performance metrics todealers/field on a regular cadence.· Formulate presentations and provide updates about RIM program· Assist with change management activities, anticipating dealer/customer needs andorganizational impactsEducation and Skills Requirements· Analytical and conceptual thinking – using logic and reason, creative and strategic· Communication skills – interpersonal, presentation and written· Integration – joining people, processes, and systems· Computer savvy – skilled in the use of Microsoft Office with analytical reporting using excel· Data analytics – extract insight from data· Problem solving and the ability to troubleshoot· High School Diploma or Equivalent

Average salary estimate

$65000 / YEARLY (est.)
min
max
$55000K
$75000K

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What You Should Know About Inventory Analyst, US Tech Solutions

Are you a detail-oriented problem solver looking to make an impact in the automotive industry? Join our team as an Inventory Analyst at a leading company located in Auburn Hills, MI! In this role, you will support the AutoPart Retail Inventory Management Program, working closely with the AutoPart Coordinator to roll out our innovative pilot dealers and test enhancements. Every day will present you with new challenges as you manage dealer communications, ensuring smooth operations while addressing any issues that arise with AutoPart orders and returns. You'll have the chance to dive deep into data analysis, producing reports that keep key stakeholders informed about dealer performance against established KPIs. Moreover, you'll monitor dealer data transfers and resolve any discrepancies, showcasing your exceptional analytical skills. If you have a knack for integrating people, processes, and systems, and enjoy formulating presentations about program updates, this role could be the perfect fit for you. We’re looking for someone with great communication skills who can translate complex data into actionable insights, so if you're ready to take on this exciting challenge in inventory management, we would love to hear from you!

Frequently Asked Questions (FAQs) for Inventory Analyst Role at US Tech Solutions
What are the main responsibilities of an Inventory Analyst at our company?

As an Inventory Analyst in our company, you will primarily support the AutoPart Retail Inventory Management Program. Your main responsibilities will include acting as a business contact for dealers, resolving issues related to orders/returns, maintaining and distributing performance reports, conducting complex data analysis, and managing dealer inventory. Your role is crucial in ensuring a seamless operation and supporting our continuous improvement initiatives.

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What qualifications are needed for the Inventory Analyst position in Auburn Hills, MI?

To qualify for the Inventory Analyst position in Auburn Hills, MI, candidates should possess at least a High School Diploma or equivalent. Essential skills include strong analytical and communication abilities, proficiency in Microsoft Office—particularly Excel for analytical reporting—and a solid understanding of data analytics and problem-solving. Experience in inventory management or a related field is also beneficial.

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How does the Inventory Analyst contribute to the RIM program?

The Inventory Analyst plays a pivotal role in the successful implementation and support of the RIM program. This includes serving as the first point of contact for dealers, performing analysis of dealer performance data, figuring out any transmission errors with dealer data, and managing dealer auto stock inventory. Your contributions ensure that the program meets its objectives and delivers on the company's goals.

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What skills are essential for success as an Inventory Analyst?

Essential skills for success as an Inventory Analyst include strong analytical and conceptual thinking abilities, excellent communication skills, a proficiency with Microsoft Office—especially Excel—and a solid understanding of data analytics. Additionally, being detail-oriented with problem-solving capabilities is crucial, as you will often troubleshoot issues related to inventory and dealer support.

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What does a typical day look like for an Inventory Analyst?

A typical day for an Inventory Analyst involves a variety of tasks ranging from analyzing dealer performance data, communicating with dealers to resolve issues and providing daily support, to monitoring inventory levels and reporting findings. You will actively engage with stakeholders, ensure the accuracy of data transfers, and work on presentations related to the RIM program, making every day dynamic and fulfilling.

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Common Interview Questions for Inventory Analyst
What experience do you have with inventory management systems?

When asked about your experience with inventory management systems, provide specific examples of systems you have used in previous roles, how you utilized them to track inventory processes, and any improvements you made. Demonstrating your familiarity with various systems not only shows your technical skills but also your ability to adapt and learn new tools quickly.

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How do you approach data analysis in your role?

In answering this question, explain your process for data analysis, including the tools you use, how you identify key trends, and your approach to interpreting data to inform decisions. Mention specific outcomes from your past analyses to showcase your impact and analytical skills.

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Describe a time you faced a challenge in managing inventory. How did you resolve it?

Share a specific example of a challenge you faced in managing inventory, such as discrepancies in stock levels or supply chain delays. Describe the steps you took to identify the root cause, the actions you implemented to resolve the issue, and the positive outcome that resulted from your efforts.

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What do you think are the key performance indicators to measure inventory success?

Discuss the key performance indicators (KPIs) you believe are crucial for measuring inventory success, such as inventory turnover ratio, stock-out rate, and order accuracy. Explain why these metrics are important and how you have used them in your previous roles to drive improvements.

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How do you prioritize your tasks in a busy work environment?

When responding to this question, outline your approach to prioritizing tasks, perhaps by using a prioritization matrix or setting deadlines. Share an example of how this approach helped you meet tight deadlines without sacrificing quality in your work.

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Can you describe your experience with Microsoft Excel or similar tools?

Highlight your experience with Microsoft Excel, focusing on specific functions you are skilled at, such as VLOOKUP, pivot tables, and data visualization tools. Provide examples of how you used these tools to analyze data and create reports that supported decision-making in your previous roles.

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How do you ensure accuracy in your reports and presentations?

Explain the steps you take to ensure accuracy in your reports and presentations, such as double-checking data sources, peer reviews, and using automated data checks when possible. Share how this attention to detail has positively impacted your previous teams or projects.

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What strategies do you use to communicate complex information to stakeholders?

Discuss your methods for breaking down complex information into digestible formats, such as using visual aids, summary reports, or clear verbal explanations. Illustrating how you’ve used these strategies in past roles can demonstrate your communication skills effectively.

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How do you handle stressful situations when inventory levels are critical?

Describe your approach to managing stress during critical inventory situations, such as staying organized, maintaining clear communication with your team, and finding quick solutions. Emphasizing your problem-solving abilities can show how you thrive under pressure.

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What drives your passion for inventory management?

When discussing your passion for inventory management, share personal anecdotes or experiences that highlight your interest in the field. Explain what aspects of inventory management excite you and how this enthusiasm fuels your contributions to your team or organization.

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At US Tech Solutions we understand that the primary growth driver of any company’s success is ‘its people’. With this philosophy in mind, USTECH offers talent solutions to more than 150 global organizations including 20% of Fortune 500. We are a...

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Full-time, on-site
DATE POSTED
December 19, 2024

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