Inventory Optimization Analyst Remote

The Inventory Optimization Analyst is responsible for analyzing, modeling, and improving inventory management processes to ensure optimal stick levels across the supply chain. This role involves working closely with cross-functional teams to identify inefficiencies, forecast demand, and implement strategies to reduce costs while maintaining service levels.

Responsibilities

• Analyze current inventory levels and turnover rates to identify opportunities for optimization.
• Help in implementing inventory optimization strategies to minimize excess stock, reduce costs and improve Inventory Health.
• Support the seamless interaction of purchasing and materials management to resolve gaps between supply capabilities and production plans.
• Process audit of safety stock, reorder point, lead times and lot size to ensure timely update of the system.
• Execute and adjust inventory parameters such as reorder points, safety stock levels, lot size and lead times to each ERP.
• Perform root cause analysis on inventory discrepancies, stockout and overstock situations, providing actionable recommendations for improvement that directly impacts the Inventory Health.
• Generate and analyze reports on inventory performance, including key metrics such as DIO, ITO and carrying costs.
• Develop and maintain relationships with key stakeholders to ensure alignment on inventory goals and performance goals.
• Identifies continuous improvement opportunities and strategies for inventory management in accordance with the goals and compliance requirements of Regal Rexnord Sales Offices (same day shipping, delivery expectations, seasonal variations, and best customer experience).

Qualifications

• Bachelor's degree in business, accounting, finance or related Supply Chain.
• 5-7 yearsExperience in Materials Management utilizing SAP required, Oracle and other ERP would be a plus.
• Previous experience working for a manufacturing company.
• Experience with deep financial analytics using large data sets and reporting skills desired.
• Experience with tools such as Microsoft Project, Office, SharePoint, ERP. (SAP/Oracle), Planning Tools (Demantra), and Analytical Dashboards (Power BI) desired.
• Knowledge of lean tools and mindset to drive for continuous improvement desired.

Travel:

• Up to 35% Domestic and International travel is required for this position

Expected Salary: $80,000- $90,000

#LI-REMOTE #LI-JJ1

• Medical, Dental, Vision and Prescription Drug Coverage

• Spending accounts (HSA, Health Care FSA and Dependent Care FSA)

• Paid Time Off and Holidays

• 401k Retirement Plan with Matching Employer Contributions

• Life and Accidental Death & Dismemberment (AD&D) Insurance

• Paid Leaves

• Tuition Assistance

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, age, ancestry, national origin, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you'd like to view a copy of the company's affirmative action plan or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com.

Equal Employment Opportunity Posters

Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.