Product and Inventory Analyst

The Product and Inventory Analyst is responsible for processing purchase orders and work orders, allocating and controlling inventory and calculating the margin. This role requires a high level of attention to detail and proactivity to maintain inventory control and proper flow of information to the Export, Documentation and Transportation teams.

Requirements

• Enter purchase orders in ERP system as instructed by the Product Manager.
• Update purchase information into ERP system (dates, weights, rail car information and product information) to ensure accurate reporting information needed by Product Managers for product availability decisions.
• Send Inbound notification and packaging instructions to warehouses
• Communicate with A/P to coordinate payments for Cash in Advance and Cash against Documents purchases.
• Assist Accounts Payable with A/P differences.
• Investigate and process Claims related to Supplier invoices.
• Maintain proper records of each purchase transaction.
• Responsible for the setup of new vendors and new grades.
• Manage proper inventory levels and product mix across warehouses
• Control days on hand and limit aged inventory by making recommendations and taking action as directed.
• Manage railcars and timing of placement, along with any repacks to control costs related to movement, detention and demurrage.
• Responsible to allocate Inventory to all incoming Sales Orders.
• Monitor Credit Status of sales orders and contact regions to collect or take proactive actions to release sales orders from credit.
• Daily review of the inventory report to identify product availability for sales, purchase orders vs sales order, product blocked and aged inventory.
• Monitor established KPI’s on a daily basis by using the reporting tools in order to proactively identify potential issues with the orders.
• Evaluate each transaction taking into consideration market conditions, customer status and inventory position to execute the best business.
• Coordinates all inventory needs with Warehouses on behalf of their assigned legal entity.
• Provide support to the Export and Documentation Teams with inventory and product related questions.
• Directly support assigned Product Manager and work closely with the Product Managers to be the resource for Product availability.
• Facilitate and promote a cohesive team environment across the International Operations team.
• Maintain the Duty Recovery Program, if applicable
• Researching/resolving supplier invoice discrepancies.
• Interface with warehouse to provide packaging priorities.
• Involvement in count of physical inventories may be required.
• Collaborate with inventory accounting on inventory reconciliations.
• Enable business continuity by promoting cross training with other members of the team.
• Participate in backup and load balancing process among members of the team.
• All other duties as assigned.